Hanwha Investment & Securities Opens US Corporate Bond Brokerage Service

Hanwha Investment & Securities announced on the 5th that it has launched a 'U.S. Corporate Bond Brokerage Service.'

The U.S. Corporate Bond Brokerage Service allows easy trading of high-quality U.S. corporate bonds such as Apple, Nvidia, and Microsoft during regular U.S. market hours, similar to stocks. Previously, real-time trading was not possible and transactions were conducted in relatively large volumes. However, this new service provides real-time quotes and bid-ask prices, enabling small-lot trading in units of $1,000, thereby enhancing customer convenience and accessibility.

Additionally, capital gains and foreign exchange gains from trading U.S. corporate bonds are tax-exempt for individuals (taxable for corporations), making it highly useful when constructing portfolios. The service also provides detailed information on traded bonds, including yield to maturity, credit rating, and maturity date, and allows for reservation orders outside regular U.S. market hours (11:30 PM to 6:00 AM Korean time).

Lim Joo-hyuk, Executive Director of the Retail Division at Hanwha Investment & Securities, stated, "Interest in U.S. corporate bond investment is increasing due to the U.S. interest rate cuts," adding, "We will continue to develop various services to diversify customers' overseas investment portfolios, including bonds."

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