Mirae Asset Securities Opens US Stock Options Service and Offers Event
Mirae Asset Securities announced on the 3rd that it has launched a US stock options trading service and will also offer discounted trading fees for event applicants.
US stock options are investment products that allow investors to buy (call options) or sell (put options) individual US stocks and exchange-traded funds (ETFs) at a predetermined price at a specific point in time. They enable directional leverage investment with a small amount of capital and can also be used to hedge against price declines of held US stocks. The underlying assets for US stock options include 20 US stocks and ETFs such as Nvidia and Tesla, with plans to expand the lineup to about 60 in the future. US stock options trading is available through the home trading system KAIROS and the mobile trading system M-STOCK.
Event benefits are also provided. If you apply for the "Overseas Futures and Options Fee Discount Event" that Mirae Asset Securities has been running since August, the online trading fee per contract for US stock options will be discounted by about 88%, from the original $7.50 to $0.89, starting the next day.
The fee discount period lasts until January 31 of next year. During the event period, if you trade at least one contract of overseas futures or overseas options, the fee discount period will be extended by six months. If you trade at least one contract during the extended period, it will be extended again by six months, up to a maximum of three extensions. Event applications can be made via the website, KAIROS, or M-STOCK.
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A representative from Mirae Asset Securities said, "In a market environment with increasing volatility, US stock options can be used as a hedging tool against the price decline risk of held assets such as US stocks," adding, "We will continue to provide various investment instruments to meet diverse customer demands for investment options."
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