KB Securities, 'Global One Market Plus' Subscription Accounts Surpass 200,000

KB Securities announced on the 29th that the number of accounts subscribed to 'Global One Market Plus' has surpassed 200,000 in just over two months since the service opened, showing rapid growth.

The Global One Market Plus service is a successor service newly launched on December 18 last year, following the termination of the existing 'Global One Market' service provided by KB Securities.

The rapid increase in Global One Market Plus subscribers is attributed to the convenience of the service and the reduction of risks related to exchange rate fluctuations. While the Global One Market service only allowed the use of held Korean won as margin, the Global One Market Plus service has been improved to allow the use of not only held Korean won but also the foreign currency of the respective country as margin, enhancing convenience for overseas stock investors.

Additionally, whereas the previous service applied the closing exchange rate of the day when a customer's overseas stock order was executed and then recalculated it at the announced exchange rate the next day?exposing customers to the risk of overnight exchange rate fluctuations?the Global One Market Plus service settles at the real-time exchange rate at the time of order execution, minimizing the risk of exchange rate fluctuations.

Furthermore, the improved 24-hour currency exchange service (available only for the United States, Japan, Hong Kong, and China) launched alongside the Global One Market Plus service appears to have increased customer satisfaction. Previously, currency exchange was divided into daytime exchange (9 AM to 4 PM) and post-closing exchange (4 PM to 11:30 PM), with no exchange possible after 11:30 PM. However, with the implementation of the 24-hour currency exchange service, customers can exchange currency anytime they want, and the real-time exchange rate at the time of exchange is applied, thereby reducing the risk of exchange rate fluctuations during currency exchange as well.

Kim Young-il, Head of KB Securities M-able (Marble) Land Tribe, said, "Global One Market Plus has addressed the inconvenience of having to trade while considering exchange rate fluctuations, enabling more efficient investment," adding, "We will continue to identify customer needs and strive to develop services that enhance convenience."

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