Toss Securities, First Major MTS Update of the New Year
[Asia Economy Reporter Minji Lee] Toss Securities announced on the 14th that it will carry out its first large-scale MTS update of the new year.
The newly applied services include ▲ expansion of domestic and overseas investment items ▲ addition of trading functions ▲ segmentation of notification functions.
Listed index products such as ETFs and ETNs will be added to domestic stock investment items. Overseas stock investment items will also be greatly expanded. At the time of the overseas stock service launch in December last year, the total number of tradable items, including ETFs, was 522. Through this update, it will be expanded to about 2,700 items including leveraged ETFs.
The trading hours for overseas stocks will also be extended. Trading will be possible in the pre-market and after-market in addition to regular trading hours. Currently, Toss Securities overseas stocks can be traded from 11:30 PM to 6:00 AM the next day, Korean time, on weekdays. In the future, trading will be possible from 9:00 PM to 11:30 PM in the pre-market where orders can be placed before regular trading hours, and from 6:00 AM to 8:00 AM in the after-market after the market closes.
The automatic order function, which allows stocks to be automatically bought and sold at desired prices, will also be applied to domestic stocks. This is a trading method where investors can select stocks they hold or are interested in and buy or sell at a pre-designated price when the stock reaches a specific price. This feature is noteworthy for investors who find it difficult to constantly monitor market conditions or want to trade when their interested stocks reach desired prices even if it is not immediately.
The notification function, which has received positive feedback from customers since the launch of Toss Securities, will be selectable for each stock. In addition to existing notification items such as price changes, news, and disclosure information, users can set designated prices for each stock and receive notifications when the designated price is reached.
A Toss Securities official said, “Since the first launch of Toss Securities MTS in March last year, we have continuously updated services reflecting customer feedback. We will create services that satisfy both customers who are just starting to invest and those who have accumulated investment experience.”
Hot Picks Today
"Samsung and Hynix Were Once for the Underachievers"... Hyundai Motor Employee's Lament
- Samsung Enterprise Labor Union: "We Respect Court’s Injunction Decision... General Strike to Proceed on the 21st as Planned"
- "Was This Delicious Treat Enjoyed Only by Koreans?"... The K-Dessert Captivating Japan
- Special Counsel on Insurrection Urges Swift Decision on 'Recusal Requests' by Yoon Seok-yeol and Others, Citing 'Clear Intent to Delay'
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
As of the end of December last year, Toss Securities had opened 4 million accounts and monthly active users (MAU) exceeded 2.3 million. In the first half of this year, they plan to provide an enhanced investment experience to customers by introducing advanced MTS charts, domestic stock after-hours trading, and fractional trading of overseas stocks.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.