KB Securities Opens Direct Order System for European Derivatives Exchange
KB Securities announced on the 15th that it has opened a direct futures and options order system for the European Derivatives Exchange (EUREX), following the Chicago Mercantile Exchange (CME).
Generally, securities firms send orders to overseas exchanges through overseas futures brokers who transmit and process the orders to the exchange. In contrast, the direct order method sends and receives orders directly to the exchange without going through overseas futures brokers, thereby avoiding the risk of system failures of overseas futures brokers and offering advantages such as order stability and improved trading speed.
Accordingly, KB Securities acquired EUREX membership (Non-Clearing Membership) and built a system to send orders directly to the EUREX system. Through this, it can cover not only overseas futures and options listed on the European Derivatives Exchange such as the Euro Stoxx 50 Index and DAX Index but also KOSPI 200 futures and options linked to EUREX, providing customers with convenience such as order stability and speed improvement.
Yoon Man-chul, Head of WM Sales Division at KB Securities, said, "As investment demand for global products increases, we plan to continuously strive to provide customers with competitive services and a better investment environment compared to competitors."
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Overseas futures and options and EUREX-linked KOSPI night futures and options can be traded on KB Securities' Home Trading System (HTS) 'H-able, H-able Global' and Mobile Trading System (MTS) 'M-able, M-able Global'. For more details, customers can check the KB Securities website, nationwide branches, customer center, or the 24-hour overseas futures and options desk.
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