Mirae Asset Daewoo Launches Online Stock Trading Service in Singapore
[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo announced on the 16th that it will launch an online trading service for the Singapore stock market.
With the introduction of the Singapore online trading service, investors can conveniently trade Singapore stocks through Home Trading Service (HTS) or Mobile Trading Service (MTS), with a commission fee as low as 0.3%, cheaper than the existing offline trading. Additionally, to coincide with the launch of this service, all customers who apply will receive free real-time Singapore market quotes until the end of this year.
The countries where online trading is available through Mirae Asset Daewoo have increased to a total of 10, including the United States, China, Hong Kong, Japan, Germany, the United Kingdom, Canada, Vietnam, Indonesia, and now Singapore. Including countries available for offline trading, the total number of tradable countries is 33.
Kim Kihwan, Head of VIP Solutions at Mirae Asset Daewoo, said, “In a situation where volatility in global stock markets is increasing, income-type investments seeking stable returns are gaining more attention. The Singapore stock market has the advantage of including Singapore REITs, which have high dividend appeal, in investors’ income investment portfolios,” adding, “We opened the online trading service for the Singapore stock market to expand investment opportunities and facilitate easy trading for our customers.”
Hot Picks Today
!["Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]](https://cwcontent.asiae.co.kr/asiaresize/93/2025061015355092669_1749537351.jpg)
"Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- "Can't Even Turn On a Fan? How Will They Endure the Heat?"... Massive Blackout Hits the Philippines Amid Scorching Heat
- "Drink Three Cups of Coffee and Stay Up All Night Before the Test"... Manual of Insurance Planner Who Collected 1 Billion Won in Payouts
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
A notable feature of the Singapore stock market is its REITs. There are 38 REITs listed and traded in Singapore, with an average dividend yield of around 6% last year. This is higher than the approximately 4% dividend yield of REITs in the United States and Japan. In terms of market size, the market capitalization of Singapore REITs was 88 trillion KRW as of the 11th, which is about 49 times larger than the 1.8 trillion KRW market capitalization of domestic listed REITs.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
