Search results for Sangyup Oh
Finance
Korea Investment Securities expands BanKIS new customer benefits
Korea Investment Securities will expand benefits for new customers using its non-face-to-face account opening service BanKIS, including an investment credit. From August, first-time BanKIS account openers will receive 20,000 won that can be used to buy domestic shares, in addition to the existing offer of two shares randomly selected from KOSPI200 constituents. The benefit also applies to accounts opened through partner platforms.
Finance
NH Investment & Securities halts margin trading again after two days as credit limit reached
NH Investment & Securities suspended new margin-trading purchases on March 12, just two days after resuming the service, citing exhaustion of its credit-provision limit. The brokerage said margin-trading loans will be halted from that day until further notice, while stock borrowing and lending-related short sales remain available. Under the Capital Markets Act, total credit provision by an integrated financial investment business operator must not exceed 100 percent of its equity capital.
Finance
KOSPI, KOSDAQ trigger sell-sidecar and circuit breakers
South Korean markets saw a series of trading curbs on March 9 as sell-sidecar measures and a circuit breaker were triggered, temporarily halting trading. A sell-sidecar in the main board market was activated after KOSPI 200 futures slid 6.49 percent, and a similar curb was later triggered in the KOSDAQ market. A first-stage circuit breaker followed as the KOSPI fell 8.10 percent.
