Kyobo Securities Signs Service Agreement for 'Direct Indexing MyPort Engine'
Kyobo Securities announced on the 1st that it has signed a usage contract for the Direct Indexing MyPort engine, developed by KB Asset Management as the first in the asset management industry.
MyPort is an Exchange-Traded Fund (ETF) service that allows customers to combine portfolios suitable for their investment preferences by index, sector, theme, etc. In the future, the MyPort engine will be integrated into Kyobo Securities' mobile trading system (MTS) Win.K, which provides fast speed and differentiated content, enabling even novice investors to implement stock portfolios at an expert level.
The service will be launched in the first quarter of next year, and Kyobo Securities will offer two investment options to allow portfolio composition according to individual investment experience.
Pre-set investment allows users to trade by applying portfolio strategies created and provided in advance by experts as they are. Simple investment enables investment by adjusting the intensity of nine representative styles?high, medium, or low?according to individual investment preferences.
Park Bong-kwon, CEO of Kyobo Securities, said, "We will catch two rabbits: providing differentiated MTS services including the integration of the Direct Indexing MyPort engine and strengthening WM profitability," adding, "We will continue to actively introduce innovative investment techniques to revitalize sales."
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Meanwhile, Kyobo Securities plans to expand its business by signing an additional contract for the overseas stock (U.S.) Direct Indexing engine service.
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