Securities Firms Keeping Lights On 24 Hours Even During Seol Holiday

[Image source=Yonhap News]

[Asia Economy Reporter Ji-hwan Park] This Lunar New Year holiday, the securities market is expected to remain active 24 hours a day. This is due to overseas stock markets operating regardless of domestic holidays. In particular, with Seohak Gaemi (Korean investors in US stocks) making record-high net purchases of overseas stocks, the demand for foreign stock markets is expected to increase more than in previous years.

According to the securities industry on the 11th, most securities firms including Samsung Securities, Daishin Securities, Shinhan Financial Investment, and KB Securities plan to operate overseas stock desks 24 hours during the Lunar New Year holiday. Using the overseas stock night desk during this period allows orders for overseas stocks in markets such as the US, UK, and Germany, which do not close. With the help of professional traders, real-time overseas stock trading is possible.

In particular, Samsung Securities will also conduct broadcasts analyzing overseas stocks in depth on YouTube. Until the 13th, in-depth analysis videos of overseas stock items will be aired daily at 10 a.m. on YouTube. On the 11th, DoorDash; on the 12th, Airbnb; and on the 13th, Global REITs Exchange-Traded Funds (ETFs) are scheduled.

Hana Financial Investment has expanded nonstop orders for US stocks. When trading US stocks, pre-market trading is available from 8 p.m., and in addition to the existing regular market, trading time is extended by a total of 3 hours and 30 minutes, including up to 210 minutes of pre-market and 60 minutes of after-market trading.

KB Securities allows trading in six major global markets?Korea, the US, China, Hong Kong, Japan, and Vietnam?using Korean won margin through Global One Market. Shinhan Financial Investment also operates a dedicated overseas stock window called the Global Desk 24 hours and enables online trading (HTS, MTS) to be available as usual on weekdays.

However, it is necessary to check the overseas market holiday schedules. Like Korea, China, which also celebrates the Lunar New Year, will close its stock market from the 11th to the 17th, and Vietnam from the 10th to the 16th. Japan will be closed for one day on the 11th.

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