Hanwha Investment & Securities Launches Integrated Margin and Overseas Stock Shortfall Trading Services

Hanwha Investment & Securities announced on the 26th that it will provide an integrated margin service and a margin trading service for overseas stocks.

The integrated margin service allows the use of both Korean won and foreign currencies as margin without the need for currency exchange procedures when trading stocks, and automatically exchanges the necessary amount on the settlement date.

Previously, when purchasing overseas stocks with proceeds from domestic stock sales, currency exchange was required. However, with the integrated margin service, it is possible to purchase overseas stocks directly using won margin, and when selling overseas stocks, domestic stocks can be purchased immediately using foreign currency margin.

In particular, since the settlement date for U.S. stocks in Korea changed from the previous T+3 days to T+2 days in May, cross-trading between domestic and U.S. stocks through weekly trading has been activated, and customer satisfaction with this new service is expected to be high.

The currencies eligible for Hanwha Investment & Securities’ integrated margin service are Korean won, U.S. dollar, Chinese yuan, and Hong Kong dollar, and loans, credit, and margin trading are possible using the integrated margin.

Hanwha Investment & Securities also introduced an overseas stock margin trading service that applies differentiated margin rates by stock, allowing purchases with only partial margin when buying overseas stocks. While a 100% margin rate was applied to overseas stock trading previously, this service offers the advantage of leveraged investment with partial margin, similar to domestic stocks.

Lim Juhyeok, Executive Director of the Retail Division at Hanwha Investment & Securities, said, "We are striving to provide more convenient and diverse services to investors who flexibly adjust the proportion of domestic and overseas stock investments," adding, "In particular, the integrated margin service is differentiated by allowing the use of loans, credit, and margin."