NH Investment & Securities Sees Over 212% Surge in Overseas Stock After-Market Transaction Volume

[Asia Economy, reporter Lee Seonae] On October 28, NH Investment & Securities announced that its after-market transaction volume had surged more than threefold following the extension of after-market trading hours. Since the two-hour extension, the average after-market transaction volume reached approximately 17.2 billion KRW (as of the 26th), which is an increase of about 11.7 billion KRW compared to the previous average of around 5.5 billion KRW before the extension.

On October 18, NH Investment & Securities extended its after-market trading hours from 5:00 a.m.-7:00 a.m. to 5:00 a.m.-9:00 a.m. This made it the first domestic securities firm to offer four hours of after-market trading. NH Investment & Securities now provides a total of 16 hours of trading for U.S. stocks, including pre-market (5:00 p.m.-10:30 p.m. daylight saving time), regular session (10:30 p.m.-5:00 a.m.), and after-market (5:00 a.m.-9:00 a.m.). This is the longest trading window in the industry, allowing investors to trade in the same time zone as local U.S. investors.

NH Investment & Securities stated that the transaction volume has increased significantly since the extension, and the proportion of after-market trading compared to regular trading sessions is also on the rise. A representative from the Global Investment Information Department commented, "The after-market transaction volume has soared following the extension of trading hours, and the proportion of after-market trading relative to the regular session is steadily increasing. We expect the number of our overseas stock trading clients to continue to grow as a result of the extended trading hours."

NH Investment & Securities plans to focus on enhancing its customer-tailored services in response to the growing demand from so-called 'Seohak Ants'-Korean retail investors trading overseas stocks. As of early October this year, the number of overseas stock trading clients had reached approximately 420,000, representing a surge of more than 190% compared to the end of last year. Kim Kyungho, Head of the WM Business Division, stated, "As the number of overseas stock trading clients increases, we will continue to work on eliminating any inconveniences they may experience when investing in overseas stocks. In particular, we will keep improving our overseas stock investment infrastructure, such as strengthening our new IT systems, to reduce inconveniences caused by time differences."

To commemorate the industry’s first after-market trading hour extension, NH Investment & Securities is also hosting a variety of events through the end of the year. On the mobile securities platform NAMU, 1,000 customers will be selected by lottery to receive three types of monthly dividend portfolio stocks when trading in the after-market. Customers who transfer more than 5 million KRW in overseas stocks from other firms and trade overseas stocks will receive up to 3 million KRW in investment support funds. In addition, if a customer introduces NH NAMU to a friend who does not yet have an NH NAMU account, and the friend receives a free overseas stock, the referring customer will also receive one share of overseas stock.

At QV, all after-market trading customers will receive a Starbucks Americano gifticon. Furthermore, on the QV Mobile Trading System (MTS), 22 existing individual customers whose combined buy and sell transaction amount exceeds 1 million KRW will be selected by lottery to receive prizes such as bags from global luxury brands like Louis Vuitton and Apple Watches.

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