Mirae Asset Daewoo Offers Free Real-Time US Stock Quotes to All Customers
[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo announced on the 2nd that it will provide free real-time quotes for US stocks to all customers unconditionally for the first time in Korea.
Mirae Asset Daewoo is the first in Korea to introduce 'Nasdaq Basic,' offering all customers free real-time bid prices, order volumes, and transaction prices for all US stock items. Previously, US stock quotes were provided with a 15-minute delay by default, and customers had to pay at least 1,500 to 10,000 KRW monthly per securities firm to view real-time quotes. Nasdaq Basic is a package that provides real-time trading data based on information traded on Nasdaq-affiliated exchanges for about 9,000 stocks listed in the US.
Kim Namyoung, Head of Digital Finance Division at Mirae Asset Daewoo, said, "This free real-time US stock quote service is the industry's first, aiming to fulfill our responsibilities and roles to customers," adding, "As the number one company in the overseas stock industry, we will continue to make our best efforts to repay our customers."
Oliver Albers, Vice President of Nasdaq and Head of Global Data Services, stated, "Collaboration with Mirae Asset Daewoo is an innovation for Korean investors seeking access to the US stock market," and explained the significance of this service introduction by saying, "Our mission is to enable investors worldwide to easily access the US stock market."
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Mirae Asset Daewoo provides various services for convenient overseas stock investment for customers. It offers diverse overseas investment information in Korean, including overseas stock research materials, real-time overseas news, and major ETF information. It also provides integrated margin services that allow convenient trading of overseas stocks in Korean won without currency exchange procedures, as well as various convenience services such as a search service that makes it easy to find desired overseas stock items.
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