Kiwoom Securities Hosts 'CME Interest Rate Futures Trading Event'

Kiwoom Securities announced that it will hold a 'CME Interest Rate Futures Trading Event' for customers holding overseas futures and options accounts from the 27th of this month to July 19th.

Kiwoom Securities will hold a "CME Interest Rate Futures Trading Event" for customers with overseas futures options accounts from the 27th of this month to July 19. (Provided by Kiwoom Securities)

The trading products are yield futures among CME interest rate futures, specifically four items: 2-year, 5-year, 10-year, and 30-year yield futures. Unlike typical government bond futures, yield futures are cash-settled and traded based on U.S. Treasury yields.

This event offers benefits through a lottery to customers who meet the trading conditions. First, among the top 10 customers in CME yield futures trading during the event period, 2 will be selected by lottery to receive department store gift certificates worth 1,000,000 KRW each.

Additionally, 100 customers who trade 40 or more contracts during the event period will be selected by lottery to receive department store gift certificates worth 50,000 KRW each.

Among new and dormant customers who trade at least 1 contract during the event period, 100 will be selected by lottery to receive department store gift certificates worth 10,000 KRW each. Here, new customers are defined as those trading CME yield futures for the first time, and dormant customers are those who have not traded the product for the three months prior to the event start date. Customers can win multiple prizes during the event, receiving up to a maximum benefit of 1,060,000 KRW.

Furthermore, customers holding non-face-to-face accounts can also enjoy an event benefit of a 1-dollar discount on micro fees for overseas futures and options.