Only US Stocks Can Be Traded on MTS and HTS
[Asia Economy Reporter Minwoo Lee] Shin Young Securities is launching an overseas stock trading service.
Shin Young Securities announced on the 27th that it will start an overseas stock trading service allowing the buying and selling of stocks listed on stock exchanges in the United States, Japan, Hong Kong, and other markets. U.S. stocks can be ordered through the Mobile Trading System (MTS), Home Trading System (HTS), and branches. Stocks from other countries can only be traded through branches.
To facilitate online U.S. stock trading, Shin Young Securities revamped its MTS and HTS. It supports keyword searches reflecting trends such as Environmental, Social, and Governance (ESG), secondary batteries, and dividends. It also includes tools specialized for Exchange-Traded Funds (ETF) searches and dividend simulations to support ETF and dividend stock investments.
Additionally, trading can be conducted in Korean won without a separate currency exchange process. Pre-market reservation orders are automatically converted into regular market orders. Until the end of September, all customers trading U.S. stocks online will receive a 50% discount, resulting in a trading commission of 0.1%.
A Shin Young Securities official stated, "The overseas stock trading service will contribute to broadening the range of customers' asset classes from the perspective of long-term portfolio investment," adding, "We will continue to support various investment content to provide customers with differentiated overseas investment services."
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