Finance
Mirae Asset Securities launches foreign investor omnibus account service with Singapore brokerage
Mirae Asset Securities will launch a foreign investor omnibus account service in partnership with Singapore-based brokerage UOB Kay Hian, it said on Sunday. The service allows overseas investors to trade South Korean shares through their local brokerage systems without opening separate accounts in South Korea. Mirae Asset said the deal was led by its Singapore unit and expects it to improve market access for investors in Singapore and Southeast Asia. It plans to expand cooperation with other overseas financial institutions.