Shinhan Investment Corp. announced on the 26th that it will provide an ‘Overseas Stock Automatic Monitoring Order Service’ to enhance the trading convenience for overseas stock investors.
This service allows users to set monitoring conditions and order conditions for specific stocks, and when the conditions are met, orders are automatically executed without the need to have a PC, HTS (Home Trading System), or mobile application turned on. For example, if a U.S. stock currently priced at $120 is set to sell when it falls to $100 or below, the stock will be automatically sold once it reaches $100.
Users can set conditions 24 hours a day for the U.S., China, and Hong Kong markets, and the service operates during each market’s regular trading hours. This is expected to improve customer convenience by resolving issues caused by time differences in after-hours trading of U.S. stocks and others.
The monitoring conditions can be set to remain valid for up to 90 days. Shinhan Investment Corp. explained that users can efficiently manage their assets by automatically selling when the price exceeds a set level or by cutting losses when a certain loss threshold is reached.
Jeon Hyung-sook, head of the platform group at Shinhan Investment Corp., said, "The automatic monitoring order function is very effective when real-time monitoring is difficult due to time differences in overseas stock trading or when trading highly volatile stocks," adding, "We will continue to enhance investment services that satisfy various customer needs."
Shinhan Investment Corp. is conducting various events related to overseas stocks, including commission benefits for U.S. stocks, welcome events offering benefits for first trades, overseas stock trading events, and appreciation events for premium customers.
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