DB Financial Investment Hosts US Stock CFD Event
DB Financial Investment (CEO Kwak Bong-seok) announced on the 18th that it will implement a temporary fee reduction and overseas stock payment promotion to activate trading of US stock CFDs until June 30.
During this period, a trading fee of 0.045% will be applied to US stock CFD transactions, and customers who trade more than 50 million KRW will be entered into a draw to receive overseas stocks worth approximately 500,000 KRW.
DB Financial Investment stated that it will do its best to meet customer needs by introducing pre-market/post-market trading, low rollover costs, and T+1 settlement in US stock CFDs.
CFD (Contract For Difference) is an over-the-counter derivative transaction where customers do not directly hold the underlying asset (stocks) but settle the difference between the entry price and the liquidation price in cash. It is a product available only to professional investors, and unlike spot stock products, CFD trading allows leverage and is only available to professional investors.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- Samsung Electronics' Second Post-Adjustment Negotiation Fails... Central Labor Commission: "Labor Accepted, Management Deferred" (Update)
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Bull Market End Signal? Securities Firm Warns: "Sell SK hynix 'At This Moment'"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
For more details, please visit the DB Financial Investment website or contact the CFD consultation desk.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.