KB Securities Launches After-Hours Trading for U.S. Stocks
[Asia Economy Reporter Oh Ju-yeon] KB Securities announced on the 25th that it will launch "After-Hours Trading" allowing trading of U.S. stocks for a certain period after the U.S. regular market closes through its Mobile Trading System (MTS) 'M-able' (Mable) and Home Trading System (HTS) 'H-able' (Hable).
This service was prepared to address the inconvenience faced by domestic individual investors who cannot trade during after-hours despite many U.S. companies announcing their quarterly earnings just before the regular market opens or immediately after it closes, making it difficult to respond to price fluctuations caused by earnings announcements.
Until now, domestic individual investors could only watch the sharp price fluctuations immediately after the regular market closed earnings announcements but could not trade. Now, they will be able to participate in after-hours trading, greatly enhancing customers' trading convenience.
Lee Hong-gu, Head of WM Division, said, "The earnings of large U.S.-listed companies carry significance beyond individual company results, so after-hours trading following the U.S. market close will provide customers with greater opportunities for profit realization." He added, "KB Securities is enhancing overseas investment convenience and customer satisfaction through various services such as Global One Market, which allows overseas stock investment in Korean won, algorithmic trading, server automatic orders, and installment purchases. We will continue to proactively reflect the rapidly increasing demands of overseas investors."
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Overseas stock trading may involve principal losses due to trading and exchange rate fluctuations. Also, when using U.S. stock 'After-Hours Trading,' prices during after-hours trading may fall outside the range of the regular market's high and low prices, and due to limited support of electronic communication networks (ECN) between exchanges and low liquidity, quotes may appear abnormal. For detailed information, please refer to MTS 'M-able,' HTS 'H-able,' or contact nationwide branches and customer centers.
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