KSD: "26,673 Investors Traded Domestic Stocks in Fractions Over One Month"

[Asia Economy Reporter Minji Lee] The Korea Securities Depository announced on the 26th that since the launch of the fractional trading service for domestic stocks, 26,673 investors have engaged in fractional share trading. The number of shares invested was recorded at 27,385.

The investment amount was recorded at 1.58 billion KRW. Since investors trade both whole shares and fractional shares simultaneously when placing orders in monetary units, the total investment amount considering whole shares is expected to be higher than 1.58 billion KRW.

As of the 25th, the securities firms participating in the domestic stock fractional trading service include seven companies: Mirae Asset Securities, Samsung Securities, Shinhan Investment Corp., Kiwoom Securities, Hanwha Investment & Securities, NH Investment & Securities, and KB Securities.

Accordingly, the Korea Securities Depository held a ceremony to commemorate the opening of the domestic stock fractional trading service and shared the operational results of the first month since the service launch. Lee Myung-ho, President of the Korea Securities Depository, stated, “The expansion of accessibility to high-priced blue-chip stocks and stock investment activities using small surplus funds will broaden the investor base and increase capital inflow, injecting new vitality into the securities market.” He added, “We plan to actively support the 17 securities firms that have not yet launched the service to ensure the successful establishment of the domestic stock fractional trading service.”

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