NH INVESTMENT & SECURITIES Launches Single-Share Ordering Service for Japanese Stocks and Market-Price Ordering Service for Hong Kong Stocks
Burden of Minimum Trading Units for Japanese Stocks Eased
Reduces the Likelihood of Order Rejections for Hong Kong Stocks
“Continuous Improvements in the Convenience of Investing in Foreign Stocks”
[Edaily Reporter Park Sun-Yeop ] NH INVESTMENT & SECURITIES has launched new market-price order services for Japanese stocks (in single-share lots) and Hong Kong stocks to enhance trading convenience for overseas stock investors. NH INVESTMENT & SECURITIES(005940)The company announced on the 26th that it has introduced a single-share market order service for major Japanese stocks and simultaneously launched a market order service for Hong Kong stocks. These services are designed to reduce the inconvenience investors have faced due to differences in stock market trading systems across countries. (Photo: NH INVESTMENT & SECURITIES)
In the Japanese stock market, most stocks are traded in lots of at least 100 shares. As a result, investing in large-cap stocks with high share prices requires a significant initial investment. According to NH INVESTMENT & SECURITIES, based on closing prices as of the 25th, investing in Kioxia Holdings—one of Japan’s top-market-cap stocks—would require approximately 98.97 million won, while Toyota Motor would require about 2.57 million won and SoftBank Group about 6.8 million won. NH INVESTMENT & SECURITIES plans to lower the barrier to entry for individual investors by supporting market orders in single-share increments for major Japanese stocks. Investors will be able to invest in leading Japanese companies with smaller amounts than before and respond more quickly to market conditions through intraday execution. The company has also introduced a market order service for investors in Hong Kong stocks. The Hong Kong Stock Exchange does not support standard market orders and operates primarily on a limit order basis. As a result, orders that fall outside the permitted price range have often been rejected. NH INVESTMENT & SECURITIES has enhanced order convenience by implementing an automatic limit order system for Hong Kong stock market orders. The aim is to increase the likelihood of execution for investors seeking immediate trades and to reduce the inconvenience of orders being rejected due to price restrictions. Kim Ji-hoon, Head of the Retail Advisory Division at NH INVESTMENT & SECURITIES, said, “The market order service for Japanese stocks, which allows trading in single-share lots, focuses on lowering the barrier to entry caused by high minimum investment amounts, while the market order service for Hong Kong stocks focuses on improving the inconvenience caused by the market structure.” He added, “We will continue to introduce services that enhance the overseas stock investment experience from the customer’s perspective.”
ABLE C&C(078520)is establishing a subsidiary in the Netherlands to serve as the control tower for its European operations. Following the establishment of its UK subsidiary, the company is setting up a…
On the afternoon of the 18th, at the Vuori pop-up store in Seongsu-dong, Seongdong-gu, Seoul, a different scene unfolded as I passed through the first and second floors—where clothes were displayed—an…
As global Big Pharma companies embark on large-scale mergers and acquisitions (M&A) to overcome the patent cliff and growth limitations, there are increasing instances of Chinese biotech companies bei…