KB Securities "Reserve Fractional Trading of Overseas Stocks in Advance and Receive US Big Tech Stocks"

MAGAT Stocks Worth Up to 500,000 KRW Given to First 1 Million Applicants on a First-Come, First-Served Basis

[Asia Economy Reporter Minwoo Lee] KB Securities will give stocks of major U.S. IT companies such as Microsoft (MS), Apple, Google, Amazon, and Tesla by lottery to 1 million customers who pre-register for the fractional trading service of overseas stocks.

KB Securities announced on the 22nd that it will hold the event "Pre-register for fractional trading of overseas stocks and receive MAGAT!" until the 5th of next month. Accordingly, among the first 1 million customers who apply for the event, those who agree to the fractional trading terms will receive fractional shares worth up to 500,000 KRW per person.

Applications for the event can be made by any individual customer through the KB Securities website, the mobile trading system (MTS) 'Marvel' or 'Marvel Mini', or the home trading system (HTS) 'Hable'. After applying, from the 6th to the 31st of next month, all customers who agree to the fractional trading terms in the Marvel Mini application will be given fractional stock portfolios of MAGAT (an acronym derived from the first letters of Microsoft, Apple, Google, Amazon, and Tesla), with amounts ranging from a minimum of 5,000 KRW to a maximum of 500,000 KRW by lottery.

Meanwhile, KB Securities plans to introduce the fractional trading service for overseas stocks, allowing customers to buy less than one share of major U.S. stocks in fractional units, starting from the 6th of next month. This will enable relatively small investors, such as those in their 20s and 30s or minor children, to purchase high-value promising U.S. stocks in small amounts. Additionally, overseas stock trading services will also be launched on the 'Marvel Mini' app from the 6th of next month. For more details, customers can contact the KB Securities customer center or the Prime Center.

Ha Woo-sung, Head of Marvel Land Tribe at KB Securities, said, "This event was prepared to allow customers who are trading fractional overseas stocks for the first time to easily participate and enjoy benefits amid growing interest and demand for fractional trading of overseas stocks." He added, "We plan to continue enhancing trading convenience and providing useful content to customers who find overseas stock trading difficult, thereby improving customer satisfaction."

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