[Digital Today Oh Sang-yup (오상엽)] Toss Securities said on Wednesday that the value of domestic stock trades in January exceeded 70 trillion won, setting a record high since its founding. It said the number of cumulative customers trading domestic stocks over the same period rose to the highest level, increasing about 1.5 times from the previous month.

With growing interest in the domestic stock market, an analysis said a strategy to reduce investors' burden of trading costs led to a broader increase in actual trading participation.

In January, Toss Securities' domestic stock trading value was about 70.2 trillion won, more than doubling, up 136 percent, from about 29.7 trillion won in December.

That exceeded the market growth rate of 92 percent over the same period. Individual investors' domestic stock trading value expanded from about 988.7 trillion won in December to 1,898.1 trillion won within a month.

Along with broader participation in domestic stock trading, customers also continued to move assets.

Toss Securities said the number of its cumulative customers trading domestic stocks in January rose about 1.5 times from the previous month. It said cumulative net deposits, which show the scale of net inflows of customer assets, rose 3.4 times from the previous month and increased by nearly six-fold compared with November, before the company switched to zero commissions.

A Toss Securities official said, "A choice focused on reducing the fee burden that investors feel most strongly appears to have led to changes." The official added, "We will build sustainable growth by removing inconveniences experienced in the investment process."