Korea Investment & Securities Hosts OpenAPI Stock Trading Event
Korea Investment & Securities, a subsidiary of Korea Financial Group, announced on the 1st that it will hold an OpenAPI stock trading event for Bankis customers until March 29.
This event rewards investment support funds when trading domestic stocks using Korea Investment & Securities' OpenAPI platform 'KIS Developers.' Every week, if the KOSPI or KOSDAQ trading amount reaches 100 million KRW or more, 10,000 KRW will be paid; customers trading 1 billion KRW or more and 10 billion KRW or more will receive 50,000 KRW and 500,000 KRW respectively. The maximum investment support fund that can be received during the 8-week event period is 4 million KRW.
A prize event based on cumulative trading amounts will also be held. Among customers who trade 10 billion KRW or more during the event period, 5 will be selected by lottery to receive an Apple iPad Air, and among those trading 100 billion KRW or more, 2 will be awarded an Apple MacBook Pro.
OpenAPI refers to a publicly available program interface that allows users to implement their own strategies such as algorithms and quantitative trading into automated trading programs. Korea Investment & Securities provides various trading services via OpenAPI through its self-developed developer center, KIS Developers, including checking domestic and international stock and derivatives prices, account inquiries, and trade orders. Detailed explanations and examples are provided for each function, and individual inquiries are possible, enabling general customers who are not professional developers to use the service.
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Jae-Hyun Park, Head of the Individual Customer Group, said, "We hope to provide customers with a more diverse investment experience through OpenAPI," adding, "We will continue to make efforts to create an innovative financial ecosystem by introducing various services focused on customer convenience."
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