"Expanding Stock Brokerage Business to Europe"… NH Investment & Securities Signs Business Agreement with Instinet Europe

NH Investment & Securities announced on the 14th that it has signed a business agreement with Instinet Europe, a global stock brokerage service company. The Instinet Europe signing ceremony was attended by Jung Young-chae, CEO of NH Investment & Securities, as well as Lee Bok-hyun, Governor of the Financial Supervisory Service, who was staying in London to participate in an IR event, along with numerous other guests.

Through this agreement, NH Investment & Securities plans to actively expand its global stock brokerage business. Since April last year, when it expanded its existing London office into a local corporation, it has been strengthening its foundation for business expansion by recruiting specialized personnel for local IB deal sourcing. Selecting overseas stock brokerage as a new business, NH Investment & Securities aims to become a global stock brokerage hub covering the European market through its London corporation, leveraging the business agreement with Instinet Europe as a stepping stone.

Instinet Europe, the business partner of NH Investment & Securities’ London corporation through this agreement, is the London branch of Instinet, a global stock brokerage service company established in the United States in 1969. It provides various brokerage services to institutional investors worldwide from the financial hub of London. NH Investment & Securities plans to offer stable brokerage services to European stock trading customers through its partnership with Instinet Europe.

In the future, NH Investment & Securities is also considering operating a night desk to support customers during European stock market hours. After establishing the night desk, it is expected to realize the industry’s first 24-hour desk system operated locally in accordance with the local market’s trading hours.

CEO Jung Young-chae stated, "Unlike other competitors who simply provide overseas stock brokerage services through external brokers, we are continuously promoting the establishment and expansion of brokerage service desks through overseas subsidiaries." He added, "We prioritize customer satisfaction as our highest value and ultimately aim to provide optimized customer services tailored to the customer’s perspective."

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