iM Securities Launches "Domestic Fractional Stock Trading Service"

iM Securities has launched its "Domestic Fractional Stock Trading Service."

According to iM Securities, fractional trading is available for the constituents of the KOSPI 200 and KOSDAQ 150 indices, with stocks under market intervention and Exchange-Traded Funds (ETFs) excluded. The minimum transaction amount is KRW 1,000. Investment orders can be placed 24 hours a day, with iM Securities aggregating customer orders four times per day for batch execution and allocation. If an investor accumulates fractional shares amounting to one or more whole shares through the service, those shares are automatically converted to standard whole shares without a separate application.

iM Securities is also applying fractional share trading to its domestic stock accumulation service. This service allows investors to make scheduled, installment-based stock purchases, enabling them to invest a fixed amount in stocks on specified dates automatically. A minimum investment of KRW 1,000 per stock is required, and up to 10 different stocks can be registered per account.

iM Securities also offers fractional trading and stock accumulation services for U.S. stocks. Investors can access both fractional trading and accumulation services by registering a trading contract through the iM Securities mobile trading system (MTS).

A representative of iM Securities stated, "We have broadened our customers' choices so they can invest in their chosen domestic stocks regardless of their investment amount," adding, "We will continue to provide services that make it easy and convenient for customers to start and continue investing."

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