Kiwoom Securities, Free Micro Overseas Futures Commission Event

[Asia Economy Reporter Park Jihwan] Kiwoom Securities announced on the 27th that it will hold an event offering free commissions on overseas futures micro products for 5 weeks.

The event is open to all customers holding overseas futures options accounts. The benefits apply from the next business day after the event application (based on overseas futures business days) for executed trades.

The micro commission event applies free commissions only to the first 20,000 contracts executed each week on a first-come, first-served basis, with a total limit of 100,000 contracts over 5 weeks. The eligible products are a total of 16 micro products available for trading at Kiwoom Securities, and the free commission benefit ends in real time once the weekly quota of 20,000 contracts is exhausted. Micro products can be traded with one-tenth the quote unit, tick value, and margin size of standard products. They are suitable for small investments and allow investment without burden due to low margin requirements and inexpensive commissions.

Customers holding non-face-to-face accounts can receive a commission rate of $2.5 per contract for overseas futures options standard and mini products, allowing them to enjoy both the free commission benefit on micro products and the discounted commission benefit on standard and mini products.

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