Riding the Overseas Stock Boom... Samsung Securities' Overseas Stock Assets Surpass 30 Trillion Won
Expansion of Japanese and European Markets Centered on Major US Big Tech Stocks
Thanks to the boom in overseas stocks, Samsung Securities' overseas stock assets have surpassed 30 trillion won.
Samsung Securities announced on the 17th that as of the 6th, the scale of overseas stock assets exceeded 30 trillion won. This represents a 73% increase compared to the previous year. The number of overseas stock trading accounts also increased by about 47% year-on-year, reaching 530,000 accounts.
Over the past five years, overseas stock assets recorded a compound annual growth rate (CAGR) of 34.1%.
The stocks most held by customers were major U.S. big tech companies such as Tesla, Nvidia, Apple, and Microsoft. Additionally, index-type exchange-traded funds (ETFs) also ranked among the top holdings, gaining popularity.
A Samsung Securities official explained, "The success was due to YouTube content containing overseas stock investment information, research materials based on partnerships with global securities firms, and the provision of stock trading services in 40 global markets. In particular, establishing a system that allows direct online trading of stocks from six major European countries also played a significant role in laying the foundation for customers' global investments."
Samsung Securities offers the mobile app 'mPOP,' which enables trading of European stocks, and an integrated margin service that allows overseas stocks to be traded directly in Korean won for customer convenience.
Samsung Securities is conducting an event targeting new and dormant overseas stock customers until the end of this year. Customers participating in the event will enjoy zero online trading fees for U.S. stocks for the first three months, followed by a 0.03% trading fee for the next nine months. There is also a concurrent event offering benefits up to 4 million won for customers who deposit overseas stocks by the end of the year.
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For more details, visit the Samsung Securities website or the mPOP mobile app, or contact the Family Center.
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