NH Investment & Securities Launches New Online Foreign Bond Brokerage System

Development of Digital Platform for Foreign Currency Bond Brokerage via Online Media (MTS/HTS)
Immediate Brokerage Using Provided Bond Prices and FX Rates, Trading Like Real-Time Transaction Method

[Asia Economy Reporter Lee Seon-ae] NH Investment & Securities announced on the 12th that it will newly open an online real-time brokerage service for foreign currency bonds. By using the online brokerage system, customers can instantly trade a total of 10 types of overseas bonds, including Brazilian and U.S. government bonds, through online platforms (MTS/HTS) without visiting a branch.

The online brokerage service allows customers to check yields and exact buy and sell prices at the time of request, and since the exchange rate is also determined instantly, it has the advantage of enabling transactions like real-time trading despite being a brokerage method. However, bonds that have been purchased can only be sold after the bonds are settled. For example, if Brazilian bonds are purchased on Monday, selling is possible on Wednesday (T+2).

Additionally, for Brazilian government bonds, small-lot brokerage in units of 1,000 reais (approximately 250,000 KRW) is possible, making it easier for customers who had a need for small split purchases to access. U.S. government bonds can be brokered with a minimum of 10,000 USD (approximately 12 million KRW).

Kim Hyun-jung, head of the Bond Products Department at NH Investment & Securities, stated, “Through a digital-based foreign currency bond brokerage platform, we expect to provide customers with high convenience and greatly help meet customer needs for global asset allocation.”

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