Shinhan Investment Corp. announced on June 26 that it has enhanced its "Overseas Stock Auto-Monitoring Order Service," which improves trading convenience for overseas stock investors and helps manage market volatility.
The Overseas Stock Auto-Monitoring Order Service allows users to set monitoring and order conditions for specific stocks. When the monitoring conditions are met, the order is automatically executed. This service addresses customer inconveniences caused by time differences during U.S. stock night trading hours, thereby enhancing user convenience.
In particular, the "compared to opening price" feature has made it even more useful for responding to price volatility, which often increases significantly due to high trading volume at market open. Strategic orders such as "sell if the price rises more than 5% compared to the opening price" or "cut losses if the price falls more than 3% compared to the opening price" are now possible, allowing investors to develop more precise strategies for stocks with high volatility at the start of trading.
Additionally, the auto-monitoring order service has been expanded to individual retail investors who receive real-time market data for the Chinese market.
Jung Yongwook, Head of Wealth Management at Shinhan Investment Corp., stated, "Since the launch of the Overseas Stock Auto-Monitoring Order Service earlier this year, its usage rate has increased more than fourfold." He added, "We will continue to offer a variety of services to resolve the inconvenience of trading in overseas markets due to time differences through platform features, and we plan to consistently provide global investment services that meet our customers' expectations."
Meanwhile, Shinhan Investment Corp. is also running an event for overseas stock customers until July 31, offering monthly rewards based on trading volume. Details about the event can be found on the Shinhan Investment Corp. website or through the Shinhan SOL Securities MTS.
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