Korea Securities Depository and Kiwoom Securities, Industry's First to Link Electronic Voting Service

[Asia Economy Reporter Oh Ju-yeon] Kiwoom Securities' Hero Moon Home Trading Service (HTS) and Mobile Trading Service (MTS) now support electronic voting (K-eVote) provided by Korea Securities Depository.


On the 5th, Korea Securities Depository and Kiwoom Securities announced that they signed a "Business Agreement for Linking Electronic Voting System and Trading System" on the 4th at the Depository's Seoul office, and that the two organizations will collaborate to provide electronic voting services.


The service, available from the 6th, was implemented to actively respond to the government's policies promoting shareholder meetings and electronic voting, expand investors' access to electronic voting, and take the lead in protecting the rights of minority shareholders.


Under this business agreement, Kiwoom Securities customers can check the stocks eligible for electronic voting on Hero Moon 4 and Hero Moon S, and use electronic voting through a certified digital signature.

At the business agreement signing ceremony held on the 4th, Park Cheol-young, Executive Director of the Depository and Settlement Headquarters at Korea Securities Depository (left), and Yoo Kyung-oh, Executive Director of the Strategic Planning Headquarters at Kiwoom Securities (right), are posing for a commemorative photo.

At the business agreement signing ceremony held on the 4th, Park Cheol-young, Executive Director of the Depository and Settlement Headquarters at Korea Securities Depository (left), and Yoo Kyung-oh, Executive Director of the Strategic Planning Headquarters at Kiwoom Securities (right), are posing for a commemorative photo.

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Kiwoom Securities and Korea Securities Depository combined information on companies adopting electronic voting with customers' stock holdings during the settlement month, enabling shareholders to easily know the information on voting rights without additional effort and directly access the electronic voting system. A key feature is that customers can exercise electronic voting easily without separately accessing the electronic voting site or going through membership registration procedures.



In particular, this year, amid concerns that shareholder attendance at general meetings and securing quorum will be significantly difficult due to the spread of COVID-19, directly linking Kiwoom Securities' HTS and MTS, which have the highest trading volume in the stock market, to the Depository's electronic voting system is expected to provide many investors with a safe and convenient environment for exercising voting rights and greatly assist the smooth operation of shareholder meetings of listed companies.


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

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