Mirae Asset Securities announced on the 31st the launch of the 'Target Exchange Rate Automatic Currency Exchange Service,' which automatically converts currency when the real-time buy/sell exchange rate reaches the customer's desired target exchange rate.

[Image source=Yonhap News]

[Image source=Yonhap News]

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With this service, customers using Mirae Asset Securities can exchange currency at their desired target exchange rate without the hassle of checking exchange rates in real time for overseas stock and other foreign asset transactions. It also helps prevent unnecessary costs that may occur from missing the optimal timing for currency exchange.


The Target Exchange Rate Automatic Currency Exchange Service at Mirae Asset Securities can be set for up to one month and is available for 10 major currencies including the US Dollar (USD), Hong Kong Dollar (HKD), and Chinese Yuan (CNY). Additionally, when the target exchange rate is reached and automatic currency exchange is executed, customers can check the actual buy/sell exchange rate (expected execution rate) reflecting the exchange rate spread in real time, which is a key advantage.



A representative from Mirae Asset Securities stated, "In the current market environment with significant exchange rate fluctuations, the Target Exchange Rate Automatic Currency Exchange Service is part of our efforts to enhance customer convenience in overseas stock trading. We will continue to contribute to our customers' successful investments through innovative service development."


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

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