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Finance

Mitos puts financial security to the test as network separation easing begins

Single-stock leveraged ETFs and ETNs tied to Samsung Electronics and SK Hynix sharpened semiconductor concentration in South Korea\'s stock market, with first-day turnover topping 10 trillion won. Regulators warned investors about amplified losses. Financial firms also stepped up responses to AI-driven cyber threats as the emergence of high-performance AI \"Mitos\" raised concerns about more sophisticated hacking, prompting authorities to review easing and possible full removal of network separation rules.

Finance

Brokerage MTS race heats up as firms push AI and content to overhaul platforms

Competition among securities firms over mobile trading systems is intensifying again, with artificial intelligence, content, community features and ease of use emerging as key differentiators. Hana Securities is preparing a new MTS for May, while Meritz Securities, Next Securities and NH Investment & Securities are developing next-generation platforms. Other firms are upgrading existing apps. The Financial Supervisory Service is also checking IT stability as trading volumes rise.

People

Nam Gi-cheon (남기천) joins campaign to eradicate illegal youth gambling

Woori Investment Securities said on Thursday that its CEO Nam Gi-cheon (남기천) has joined a relay campaign to eradicate illegal gambling among teenagers. The campaign, launched in 2024 under the supervision of the Seoul Metropolitan Police Agency, is being carried out in relay form across various sectors. Nam took part after being nominated by Choi Seung-jae and nominated Shin Ho-chul as the next participant.