KB Securities Launches Real-Time US Economic Indicator Alert Service
KB Securities announced on the 20th that it has launched a real-time "US Economic Indicator Notifier" service to quickly respond to a stock market environment that is sensitive to economic indicators.
Recently, policy changes by the US Federal Reserve (Fed) due to the macroeconomic environment have been acting as factors influencing the direction of the stock market. In response, KB Securities has added a real-time notifier function to the existing economic indicators it provides. This service sends notifications to customers simultaneously as economic indicators are announced locally, enabling quick responses to events occurring in the US.
The real-time US Economic Indicator Notifier service sends alerts for about 300 indicators that can affect the stock market in real time, including consumer price indices influenced by benchmark interest rate decisions, employment indicators from employment reports, supply management association (ISM) manufacturing and services Purchasing Managers' Index (PMI), consumer confidence index, and gross domestic product (GDP) forecasts, which can predict the direction of the economy.
This service can be set up through the KB Securities Mobile Trading System (MTS) KB M-able (M-able) under Menu > Investment Information > Global Market > US Economic Indicators tab. KB M-able can be downloaded and used from the Google Play Store and Apple App Store.
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Yoon Man-chul, Head of WM Sales Division at KB Securities, said, "To deliver meaningful information in the US market, how quickly fundamental data can be provided is important," adding, "This US Economic Indicator Notifier service is expected to be a user-friendly service not only for high-frequency trading investors but also for investors who perform top-down analysis by providing leading market indicators in real time."
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