Toss Securities "MTS Pre-registrants Surpass 400,000 in 3 Weeks"
[Asia Economy Reporter Minji Lee] Toss Securities announced on the 15th that the number of pre-registrations for its MTS (Mobile Trading System), which began on the 27th of last month, surpassed 400,000 within three weeks. On the same day, Toss Securities opened the MTS to 1,000 applicants starting at 11 a.m.
Toss Securities plans to gradually expand the service until the full launch scheduled for early next month. Pre-registered MTS users can receive service usage guidance through notifications on their Toss app and then proceed with actual stock trading.
As of the 14th, the day before, the number of pre-registrations for Toss Securities’ MTS exceeded 420,000. This result came about three weeks after the pre-registration began, meaning approximately 6.5% of South Korea’s estimated 6.2 million stock investors applied for the MTS of this new securities firm. The pre-registration event, which allows users to experience Toss Securities’ innovative MTS in advance and receive trading fee benefits for up to six months, will end on the 17th.
The Toss Securities MTS was designed to cater to the convenience of the 2030 millennial generation starting their first investments and beginner investors who face difficulties with existing stock trading. It helps users find investment opportunities in daily life by allowing them to search for stocks by company products and brands, and the stock trading interface is intuitively organized. Additionally, the MTS service can be used within the existing Toss app without requiring a separate app installation.
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Jae-min Park, CEO of Toss Securities, said, “We are grateful to the customers who showed great interest and participated in this pre-launch event ahead of the full launch in March,” and added, “We will focus all of Toss Securities’ capabilities on providing a service that satisfies beginner investors.”
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