Yuanta Securities Offers Comprehensive Taiwan Stock Investment Service 'Taiwan Stock Daemanjok Service 5'

[Asia Economy Reporter Lee Seon-ae] Yuanta Securities announced on the 2nd that it will enhance the trading convenience for investors in Taiwanese stocks and assist in swift investment decision-making by launching an immediate exchange service for the Taiwan Dollar (TWD) along with the provision of the ‘Taiwan Stock Taiwan Satisfaction Service 5’.

The ‘Taiwan Stock Taiwan Satisfaction Service 5’ is a comprehensive set of five Taiwanese stock investment services introduced to resolve investors’ inconveniences and support rapid execution of investment strategies. It includes the newly launched immediate Taiwan Dollar exchange service, Taiwanese stock day trading, odd-lot trading, a free real-time quotation event, and a Taiwan local recommended stock service.

The immediate Taiwan Dollar exchange service improves the previous cross-currency exchange system, which typically took 1 to 2 business days for Taiwan Dollar exchange and only allowed conversion via the US Dollar (USD), enabling instant exchange. As a result, customers can now instantly exchange Korean Won at their desired investment timing, making transactions significantly easier and reducing inconvenience.

Earlier in April this year, Yuanta Securities proactively introduced day trading (buying and selling on the same day) and odd-lot trading services for Taiwanese stocks, which were previously unavailable to domestic investors. This allows investors to re-trade on the same day without waiting for the settlement date, facilitating quick investment decisions, early realization of investment gains or losses, and enabling small-scale investments through odd-lot trading, thereby improving investment accessibility.

A free real-time quotation event for Taiwanese stocks is also being held. Customers who have traded at least one share of Taiwanese stocks in the past six months can apply for the event to receive free real-time quotation benefits. The application period is until the end of December 2021, and the free benefit period lasts until the end of January 2022. Additionally, leveraging Yuanta Financial Group’s network, a Taiwan local recommended stock service is provided, allowing investors to build portfolios and seize investment opportunities through promising stocks.

The Taiwanese stock market, which includes many global companies such as TSMC, Formosa Plastics, and ASUS, is attracting domestic investors’ interest amid the overseas stock investment boom and portfolio diversification trends.

Jeon Jin-ho, Head of Digital Solutions at Yuanta Securities, said, “Through the ‘Taiwan Stock Taiwan Satisfaction Service 5,’ we hope domestic investors can easily access Taiwanese stocks and utilize them as an additional overseas investment opportunity.” He added, “We will continue to strengthen related services so that investors can invest in Taiwanese stocks quickly and conveniently.”