Korea Investment & Securities Introduces Nasdaq Auction Information Service for the First Time in Korea

Korea Investment & Securities announced on the 22nd that it has become the first domestic securities firm to introduce the Net Order Imbalance Indicator (NOII) service, which provides auction information from the US Nasdaq exchange.

NOII is a key indicator offered through Nasdaq TotalView and is used to predict the order flow before the opening and closing of regular trading hours. The Nasdaq auction is a type of auction system used to determine the opening and closing prices on Nasdaq. While it can be compared to the simultaneous bid system in Korea, it operates in an independent market separate from regular trading.

This information is provided from five minutes before the opening of the regular session until the market opens, and from ten minutes before the close until the market closes. It includes various indicators such as expected auction price, expected matched volume, expected unmatched volume, and expected opening and closing prices. These data serve as reference indicators to assist investors in making investment predictions and decisions.

A representative from Korea Investment & Securities stated, "By utilizing NOII information in conjunction with order book data, investors can make more precise decisions when investing in US stocks," and added, "We will continue to expand our overseas stock-related services to further enhance customer investment convenience."

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