South Korea’s Korea Investment & Securities Co. announced on Wednesday that it will list 579 new equity-linked warrants (ELWs).

The listings include 416 index-type ELWs based on the Kospi 200 and Kosdaq 150, and 163 stock-type ELWs based on individual stocks such as Samsung Electronics Co., SK hynix Inc., Naver Corp., and POSCO Holdings Inc.

ELWs are financial instruments that allow investors to trade the right to buy or sell an underlying stock or index at a predetermined price on the expiration date.

Investors expecting the underlying asset to rise can purchase call ELWs, while those anticipating a decline can buy put ELWs, offering the potential for profits regardless of overall market trends. However, if the underlying asset moves in the opposite direction from expectations, investors can lose up to 100 percent of their principal at maturity.

To trade ELWs, investors must complete an investment suitability assessment and pre-investment education, and new customers must meet a minimum initial deposit requirement of 15 million won ($10,820).

Further details are available on the company’s dedicated ELW website or via the KakaoTalk channel “TRUE ELW.”

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