Heavy Traders Flock to Samsung Securities US Stocks Weekly Trading, Cumulative Trading Amount Surpasses 2 Trillion Won
2 Trillion KRW in 140 Business Days Since Launch, Monthly Average Over 1 Million USD, Heavy Traders Doubled
10th Order Book Service Launched, Weekly Trading Investment Info via YouTube Channel Gains Popularity
[Asia Economy Reporter Lee Seon-ae] Samsung Securities' weekly trading service for U.S. stocks, launched earlier this year as the world's first, surpassed a cumulative trading volume of 2 trillion won within just six months of its launch. This achievement is attributed to the significant role played by so-called 'heavy traders' who traded over 1 million dollars monthly on average.
According to Samsung Securities on the 23rd, the weekly trading service for U.S. stocks, launched on February 7 this year, exceeded a cumulative trading volume of 2 trillion won after 140 business days. This milestone was reached just three months (84 business days) after surpassing the 1 trillion won mark. Considering the continuous downturn in the global stock market, this is regarded as a meaningful accomplishment.
Notably, the number of so-called 'heavy trader' Seo-hak Gaemi (Korean overseas stock investors) who traded over 1 million dollars monthly on average in the past three months has more than doubled compared to the first three months after the service opened. Among them, 31.4% were identified as Dong-Seo-hak complex heavy traders who also traded over 1 billion won monthly on domestic stocks.
It is analyzed that domestic stock heavy traders, who had been reluctant to invest in U.S. stocks due to the burden of nighttime trading, have been able to actively trade U.S. stocks thanks to the advantage of weekly trading, which allows convenient investment during the same hours as domestic stocks. In fact, these traders actively utilized cross-trading from a global portfolio management perspective, trading by selling domestic stocks and buying U.S. stocks or vice versa.
Yoon Don-hyung, head of Samsung Securities' Global Stock Sales Team, said, "For heavy traders with large trading volumes, the ability to quickly adjust portfolios in response to major issues such as global developments between Russia and Ukraine or key corporate earnings announced after the U.S. market closes is a crucial factor for profit generation and risk management." He added, "The weekly trading service appeals greatly because it allows rapid adjustment of domestic and international stock portfolios during the daytime."
Samsung Securities has actively strengthened its investment information services by introducing the U.S. stock 10-price quote service to weekly trading since April, and providing various investment content such as 'Weekly Trading Checkpoint,' 'Weekly Trading Now,' and 'Weekly Trading Snapshot' using a virtual analyst through the company's official YouTube channel, tailored to the characteristics of heavy traders.
Analyzing the U.S. stocks traded by investors, TQQQ, which is used for technical trading based on volatility, has consistently been popular, while blue-chip big tech stocks such as Tesla, Apple, and Nvidia also hold a significant portion. Recently, consumer goods stocks like Coca-Cola and Costco have appeared in the rankings, indicating changes in trading stocks reflecting shifts in industry conditions.
The most active investors in weekly trading are men in their 50s residing in Seoul. This is analyzed as a result of 50-somethings, who need to be actively engaged in economic activities and found it difficult to participate in overnight U.S. stock trading, now being able to invest actively during daytime hours thanks to the weekly trading service.
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Sa Jae-hoon, Vice President and Head of Channel Sales Division at Samsung Securities, said, "The start of the weekly trading service was a customer-centric shift in thinking," adding, "We will accelerate service enhancements so that not only general investors but also heavy traders can dramatically improve their profit and risk management levels."
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