Resolves Risk of Refusing to Order Hong Kong Shares
NH Investment & Securities announced on the 26th that it has launched a one-share market price order service for Japanese stocks and a Hong Kong stock market price order service to enhance the convenience of investing in overseas stocks.
In the Japanese stock market, most stocks are traded at least on a 100-share basis. The need for considerable investment has served as a barrier to entry for individual investors.
Based on the top stocks by market capitalization, investment is possible only with funds of about 98.97 million won for Kioxia, 2.57 million won for Toyota Motor, and 6.8 million won for Softbank Group.
NH Investment & Securities introduced a weekly market price order service for major Japanese stocks to lower this burden.
Through this, it is possible to invest in representative Japanese companies even with a small amount, and to respond more quickly to market conditions by signing them from time to time during the day.
It will also introduce a new market price (automatically designated price) order service for Hong Kong stock investment customers. The Hong Kong exchange does not support market price orders, so only designated price orders are available.
Orders outside the allowable price range have been denied acceptance. NH Investment & Securities improved this inconvenience by introducing an automatic market price (automatically designated price) order service for the first time in the industry.
Kim Ji-hoon, head of NH Investment & Securities Retail Advisory, stressed, "We will continue to introduce services that can continuously improve the overseas stock investment experience from a customer's perspective."
