Kyobo Securities Launches Weekly Trading Service for US Market Stock CFDs
[Asia Economy Reporter Lee Jung-yoon] Kyobo Securities announced on the 7th that it will start a weekly service for overseas stock Contracts for Difference (CFD) trading in the US market.
Until now, overseas stock CFD trading in the US market was only possible during regular trading hours. With the launch of this weekly trading service, CFD trading can be conducted offline (via phone orders) from 10 a.m. to 4 p.m. Korean time.
Currently, Kyobo Securities' overseas stock CFD trading markets include 10 markets in North America (United States, Canada), Europe (United Kingdom, Germany, France), and Asia (Japan, China, Hong Kong, Taiwan, Australia). There are plans to expand the weekly trading service to European markets in the future.
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Choi Doo-hee, head of the GBK department, said, "This service was launched to enhance convenience for customers who face difficulties investing due to the time difference between Korea and the US," adding, "We expect it to receive great response from customers who want to invest in US stocks."
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