If Conditions Are Met, Automatic Trading... KB Securities Launches 'Overseas Stock Server Auto-Order Service'

Various Complex Orders Can Also Be Configured

[Asia Economy Reporter Minwoo Lee] KB Securities has launched a service that automatically buys and sells overseas stocks when specified conditions are met.

On the 16th, KB Securities announced that it will provide the "Overseas Stock Server Automatic Order Service" for the five major overseas markets (United States, China, Hong Kong, Japan, Vietnam), which was previously available on the Home Trading System (HTS) "Hable," on the Mobile Trading System (MTS) "Marble" as well.

The Overseas Stock Server Automatic Order Service allows users to input trading conditions in advance, and once the market opens, it detects prices and automatically sends orders when the conditions are met. From now on, all functions of the overseas stock automatic order service previously offered on HTS can also be used on MTS.

Specifically, various transactions are possible, including ▲selling held stocks ▲buying new stocks ▲server automatic reserved orders ▲selling stocks included in the balance. Except for server automatic reserved orders, the automatic order service requires real-time price quotes from the country where the trade is to be made. The order conditions can be set, and the detection period can be specified for up to 30 days.

The Trailing Stop function allows users to limit losses or realize profits within a desired range. By setting the allowable range for price increases and decreases relative to the profit realization price, sell and buy orders are executed at the points when prices rise or fall.

In the case of server automatic reserved orders, up to five orders can be processed, including not only one-way orders (buy or sell) but also complex orders (buy then sell, sell then buy).

Meanwhile, the overseas stock server automatic order service is a convenience-enhancing tool and does not guarantee profits. Overseas stock investments may result in principal losses depending on investment outcomes and exchange rate fluctuations, so caution is advised. Detailed information can be found at nationwide branches, customer centers, and through the MTS "Marble."

Lee Hong-gu, Head of WM Division at KB Securities, said, "We launched this feature to meet customers' demand for various overseas stock investment strategies in a mobile environment," adding, "We plan to continue providing various services that make trading overseas products easier and more convenient."