Hana Financial Investment Hosts '1Q World KING League Season 4'

[Asia Economy Reporter Eunmo Koo] Hana Financial Investment announced on the 19th that it will hold the overseas futures real trading competition, ‘1Q World KING League Season 4’.

‘1Q World KING League Season 4’ will be held for 6 weeks until the 26th of next month. It will be conducted in 6 rounds from Monday to Friday each week, and multiple entries per round are allowed. Any customer holding an overseas futures account with Hana Financial Investment can participate, and applications can be made through Hana Financial Investment’s home trading system, 1Q HTS.

The competition is divided into the ‘Rookie League’ for new customers and the ‘Pro League’ for existing and dormant customers. To participate in the competition, participants must trade at least 50 contracts of overseas futures on the CME exchange in the rounds they apply for. For micro products, 10 contracts are considered as 1 contract.

Prizes are awarded to the top 3 in terms of profitability in each league for every round. The 1st place receives 500,000 KRW, 2nd place 400,000 KRW, and 3rd place 300,000 KRW in cash. Consecutive awards per round are allowed up to a maximum of 4 times.

Along with hosting ‘1Q World KING League Season 4,’ Hana Financial Investment is also running the ‘KING League New Customer Appreciation Event.’ In this event, new customers who open an overseas derivatives account with Hana Financial Investment and trade at least 10 overseas futures contracts (or 100 micro contracts) during the competition period will receive 100,000 KRW in cash, limited to the first 50 applicants.

Lee Chang-gi, Head of Global Derivatives Sales at Hana Financial Investment, said, "This real trading competition is prepared with two leagues so that not only existing customers but also new customers can participate and have a chance to win prize money," adding, "We will repay all customers’ support with more events and better services."

The winner is responsible for the tax on prize money (22%). Detailed information on the calculation method of profitability, award criteria, and competition procedures can be found on the Hana Financial Investment website, and inquiries can be made to the Global Derivatives Sales Office of Hana Financial Investment.

This content was produced with the assistance of AI translation services.