Kiwoom Securities Offers 10,000 Won Reward Event for First-Time Domestic Single Stock Futures Traders

10,000 Won Reward for First-Time Trading of One Contract

Kiwoom Securities is hosting an event offering various benefits for customers trading "domestic single stock futures."

According to Kiwoom Securities on March 23, this event has been prepared so that customers interested in domestic single stock futures can experience trading. Customers who meet the trading conditions will receive a total of three benefits.

First, customers who trade at least one contract of domestic single stock futures for the first time during the event period will receive a cash reward of 10,000 won.

Additionally, for customers who, as of the end of February, have traded at least three of the top ten most traded securities at Kiwoom Securities, 100 people will be selected by lottery to receive a "50,000 won domestic futures and options commission discount coupon." This offers an opportunity to gain investment experience in popular stocks while also enjoying the benefit of reduced commissions.

Lastly, for customers whose total transaction amount in domestic single stock futures exceeds 1 billion won during the event period, a lottery will be held to award cash equivalent to the closing price on May 29 for SK hynix (1 winner), Hyundai Motor Company (3 winners), and Samsung Electronics (10 winners).

Domestic single stock futures are derivative products based on individual stocks as underlying assets, allowing for bidirectional investment by employing long strategies when an increase is expected and short strategies when a decrease is anticipated. It is important to note that losses exceeding the principal may occur if the position moves against the investor.

In addition, owned stocks can be used as substitute collateral, enhancing capital management efficiency. Futures can also be used as a hedging strategy when holding spot stocks by selling futures contracts.

A representative from Kiwoom Securities stated, "Domestic single stock futures are products that allow investors to utilize a variety of investment strategies depending on market conditions."

Further details about the event can be found on the Kiwoom Securities website and via the HTS and MTS platforms.

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