Kiwoom Securities to Hold "Domestic Futures & Options Real Investment Competition" with Total Prize of 40 Million Won
Kiwoom Securities announced on the 19th that it will hold the "Domestic Futures & Options Real Investment Competition" for a total of eight weeks. Any customer who holds a domestic futures and options account is eligible to participate in this competition.
The total prize pool is 40 million won, and it is divided into a Futures League and an Options League, with awards presented weekly in both the rate of return and profit amount categories. Over the eight weeks, a total of 96 participants will be selected as 1st to 3rd place winners in each category. Participants can win multiple awards in both the rate of return and profit amount categories each week.
The weekly prize for 1st place is 500,000 won, 2nd place is 300,000 won, and 3rd place is 200,000 won. The maximum amount a single customer can win is up to 3 million won. For any prize exceeding 250,000 won, a tax and public charge of 4.4% will be applied and borne by the winner. Additionally, a trophy will be awarded to participants who achieve 1st place in both the rate of return and profit amount categories in the weekly Futures & Options Leagues.
Separate events will also be held during the competition period. For each week, one customer who trades more than 40 billion won in futures or more than 800 million won in options will be selected by lottery to receive a 500,000 won prize as part of the trading volume achievement event. This event can only be won once per person during the competition period. In addition, 200 customers who trade at least one futures or options contract will be randomly selected to receive a Naver Pay gift certificate worth 10,000 won. Customers participating in the Real Investment Competition will be automatically entered into these events simply by trading, with no separate application required.
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A Kiwoom Securities representative stated, "We organized this competition so that domestic futures and options investors can review their investment strategies and confirm their performance through real trading," adding, "We hope that both new investors and those returning to the market will be able to explore various investment opportunities."
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