Hi Investment & Securities Opens 'Global Baro Trading Service'

Hi Investment & Securities announced on the 15th that it has launched the 'Global Immediate Trading (Integrated Margin) Service' to enhance investor convenience.

This service allows the use of Korean won and US dollars combined as margin required for stock trading, enabling the immediate use of proceeds from domestic and foreign stock sales for trading. Previously, to use proceeds from stock sales for trading stocks in another country, the settlement date of the stock (domestic T+2 days, US T+3 days) had to pass, but with the introduction of this service, investors can immediately trade stocks of other countries using the proceeds from sales regardless of settlement.

When selling US stocks in the regular market, the proceeds can be used for domestic stock trading the next day, and when selling domestic stocks, the proceeds can be used for trading US stocks in both the regular market and during extended trading hours.

Additionally, the currency exchange process required for US stock trading has been automated so that the necessary amount is automatically converted on the settlement date.

A representative from Hi Investment & Securities stated, "Regardless of the settlement currency, being able to immediately trade domestic and US stocks is expected to greatly enhance investor convenience," and added, "We will continue to consider expanding services to improve investor convenience."