Shinhan Investment Corp. Launches Weekly Trading Service for U.S. Stocks
Shinhan Investment Corp. announced on the 14th that it will implement a daytime trading service to enhance convenience for trading U.S. stocks.
The daytime trading service hours are from 9:30 AM to 4:30 PM (10:30 AM to 5:30 PM when daylight saving time is not applied). Including pre-market (5:00 PM to 10:30 PM), regular market (10:30 PM to 5:00 AM the next day), after-market (5:00 AM to 9:00 AM), and daytime trading hours, U.S. stocks can be traded for a total of 23 hours a day.
The U.S. stock daytime trading service supports trading during Korean daytime hours through an Alternative Trading System (ATS) approved by the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) for night trading brokerage services. Approximately 1,000 major stocks can be traded during the daytime trading hours.
No separate application procedure is required for trading; orders can be placed by selecting limit order - daytime trading on the existing order screen.
Meanwhile, to commemorate the introduction of the daytime trading service, Shinhan Investment Corp. is holding the event "Whether the sun rises or the moon rises, trade U.S. stocks with Shinhan." This event, running until the 28th of next month, will provide Starbucks gifticons on a first-come, first-served basis to 2,000 customers who trade U.S. stocks worth more than 100,000 KRW during daytime trading. Additionally, among customers who trade U.S. stocks worth more than 10 million KRW during daytime trading, 500 will be selected by lottery to receive department store gift certificates worth up to 1 million KRW.
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Yang Jin-geun, Head of Digital Sales Division at Shinhan Investment Corp., said, "With the implementation of the U.S. stock daytime trading service, customers can trade U.S. stocks anytime for 23 hours a day without time restrictions," adding, "We plan to continue providing various services to enhance the convenience of overseas stock trading."
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