KB Securities Launches Pre-Registration for 'Global One Market Plus' Service

KB Securities announced on the 8th that it will conduct pre-registration for the new overseas stock service 'Global One Market Plus,' which will open on the 18th of next month, to enhance the investment convenience for customers trading overseas stocks.

The Global One Market Plus service is a successor service newly introduced as KB Securities' existing 'Global One Market' service will end on December 18. Customers who have been using the existing Global One Market service can also use the Global One Market Plus service by applying for pre-registration.

Global One Market Plus is preparing to open on December 18 by further developing the existing Global One Market to provide customers with improved investment convenience. While the original Global One Market only allowed the use of Korean won as purchase margin and did not permit the use of held foreign currencies, Global One Market Plus allows customers to use not only the Korean won they hold but also the foreign currency of the respective country they possess as margin.

Previously, real-time currency exchange was only available from 9 a.m. to 4 p.m., and during nighttime hours, there was a risk of exchange rate fluctuations due to next-day settlement of exchange rates. However, Global One Market Plus enables real-time currency exchange at any time, 24 hours a day, minimizing exchange rate fluctuation risks. (Except for Vietnam)

Additionally, under the Global One Market service, when selling held overseas stocks, the settlement was automatically converted to Korean won at the next day's exchange rate. In contrast, Global One Market Plus settles in the currency of the respective country at the time of sale, minimizing risks related to exchange rate changes at the time of repurchase.

Ha Woo-sung, Executive Director of the Platform Headquarters, said, "We have launched the Global One Market Plus service, which offers enhanced convenience to customers as we end the existing Global One Market service." He added, "By addressing the inconveniences in the previous service, customers can now operate funds more efficiently and flexibly and place overseas stock orders more effectively." He continued, "In the case of U.S. stocks, the introduction of a 24-hour currency exchange system allows customers to actively respond to the real-time fluctuating exchange rate market during U.S. stock trading hours." He emphasized, "We will continue to do our best to ensure that customers enjoy more benefits while trading overseas stocks."

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