Investors 'Directly' Create Stock Trading Algorithms

[Asia Economy Reporter Kum Boryeong] A trading support service based on stock trading investment strategies created directly by investors has been launched.

NH Investment & Securities announced on the 27th that it will launch the 'Zenport DIY Service,' based on algorithms created directly by investors.

Zenport is the name of a platform operated by the fintech company NewGistock. Through this service, investors can create their own stock trading algorithms or replicate and modify algorithms created by others to develop their own unique algorithms.

To use the Zenport DIY Service, users must first create their own algorithm on Zenport and complete verification through backtesting. Afterward, they can subscribe to the Zenport DIY Service in the algorithm market of NH Investment & Securities' Namu mobile application. Orders are executed when trading signals generated by their own algorithms occur.

The minimum investment amount for the Zenport DIY Service is 1 million KRW. A stock trading commission of 0.15% applies. No additional usage fees are charged beyond the stock trading commission.

Lee Suhwan, Head of the Digital Solutions Department at NH Investment & Securities, said, "There are many investors who want to create their own quant strategies and trade stocks themselves," adding, "The newly launched Zenport DIY Service will be a useful service for investors with such needs."

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