Kiwoom Securities Hosts 'Micro Crude Oil Futures Listing Commemorative Event'
[Asia Economy Reporter Park Jihwan] Kiwoom Securities announced on the 12th that it will hold an event to commemorate the new listing of Micro Crude Oil Futures until the 6th of next month. The event is open to anyone with an overseas futures options account, and participants can receive benefits of up to 1.2 million KRW upon meeting the trading conditions.
Micro Crude Oil Futures can be traded with only 1/10 of the margin required for existing WTI Crude Oil Futures, allowing investors to enjoy the effect of investing in WTI Crude Oil Futures with a smaller margin. Recently, the crude oil market has experienced increased volatility as the OPEC+ oil-producing countries failed to reach any conclusions at the scheduled meeting in early July.
As part of the event benefits, the first 100 customers who trade Micro Crude Oil Futures will receive a 10,000 KRW fuel voucher, and the top 5 traders by weekly crude oil futures trading volume will be awarded 50,000 KRW in cash. Additionally, the top 5 customers by cumulative overseas futures options trading volume during the event period will receive 1 million KRW. Overlapping winnings are allowed, so participants can receive up to 1.2 million KRW in benefits. The eligibility criterion for all event prizes is trading at least one contract of Micro Crude Oil Futures.
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Outside of the event, customers holding non-face-to-face accounts can also enjoy a discount of $1.0 per contract on overseas futures options Micro fees. For more details, please check the website or contact the Kiwoom Financial Center.
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