Yuanta Securities Hosts the '2022 Yuanta Securities Real Investment Competition'
[Asia Economy Reporter Minji Lee] Yuanta Securities announced on the 25th that it will hold the ‘2022 Yuanta Securities Real Investment Competition’ for domestic stock investors from November 1 to November 30.
While previous real investment competitions typically awarded only the top participants with the highest returns, this competition offers awards not only based on return rankings but also to all participants who succeed in achieving a specified return mission.
The competition, with a total prize of 90 million KRW, is divided into the ‘Real Investment Competition’ and the ‘Return Mission Festival,’ conducted over four rounds, each lasting one month.
The ‘Real Investment Competition,’ which awards prizes based on return rankings and events, will be held twice in May (Round 1) and September (Round 3). The total prize money for the two return ranking awards is 35 million KRW, distributed among 20 participants ranked 1st to 10th in each round, with prizes ranging from 2 million KRW to 10 million KRW.
Regardless of ranking, a ‘30% Return Event’ will be held each round for participants who achieve a trading amount of 500 million KRW or more and a final return of 30% or higher. Prizes of 3.5 million KRW, 2.5 million KRW, and 1.5 million KRW will be awarded according to trading amount brackets, and the prize money for each bracket will be evenly distributed among all participants who achieve the event. Event awards can be received in addition to return ranking awards.
In particular, in July (Round 2) and November (Round 4), the ‘Return Mission Festival’ will be held, awarding prize money to all participants who succeed in the return mission. The total prize money per round is 20 million KRW, which will be evenly distributed to all participants with a final return of 10% or higher in each round.
Applications can be submitted from one month before the start of each round until five business days after the competition begins, through the website, T-Rader (HTS), T-Rader M (MTS), and the T-Rader Battle app. Upon application, participants are automatically enrolled in the next round. Any customer holding a Yuanta Securities entrusted account or brokerage-type ISA account with a deposit asset of 1 million KRW or more can participate. However, the Return Mission Festival is only open to accounts opened until 2021.
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If you do not have a Yuanta Securities account, you can open one without visiting a branch through the ‘Smart Account Opening’ app. Detailed information about the competition can be found on the main page of the ‘2022 Yuanta Securities Real Investment Competition.’
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