Binance Expands Stock Offerings with SK Hynix ADR
To broaden its range of trading options and enhance the user experience, Binance will introduce whole-share, regular-hours limit orders for SK Hynix Inc. American Depositary Receipts (ADRs) on a when-issued basis. Trading under the temporary symbol SKHYV is scheduled to commence on July 10, 2026, at 09:05 UTC.
Each SK Hynix ADR represents one-tenth (1/10) of one ordinary share of SK Hynix Inc. as listed on the Korea Exchange. Investors should note that holders are subject to standard ADR fees imposed by the depositary bank.
Trading Schedule and Symbol Transition
When-issued trading for SKHYV is slated to begin on July 10, 2026, and will conclude at 20:00 UTC the same day. The ticker symbol is expected to transition to SKHY for regular-way trading effective July 13, 2026, at 13:30 UTC.
Consistent with historical Nasdaq patterns for high-profile initial public offerings, the security is not expected to open at the standard 13:30 UTC time. An initial price discovery phase—during which the exchange matches buy and sell orders to establish the first public trading price—typically lasts for several hours. During this period, orders will be queued and will not execute until the market officially opens for SKHYV. Any unfilled orders remaining at the conclusion of the when-issued session will expire.
Market Regulations and Risk Management
Limit Up Limit Down (LULD) bands apply to all National Market System (NMS) stocks, including IPOs. Should price volatility exceed these bands, trading will be paused. In the event of a Nasdaq-imposed halt on SKHYV or SKHY, trading will remain suspended until the exchange lifts the restriction. During such halts, the placement of new orders is prohibited; pending market orders will be cancelled, while pending limit orders will remain in the system.
Partnered brokers may implement net buy restrictions or caps. Under these conditions, new buy orders may be rejected, though risk-reducing sell orders may remain permissible depending on specific broker controls.
Fully Paid Securities Lending (FPSL) for SKHY will become eligible once trades are fully settled, following the standard T+1 trading day cycle.
Trading of these new securities remains subject to eligibility requirements based on the user’s country or region of residence. Binance reserves the right to amend or cancel this offering at its sole discretion without prior notice.

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