On November 4, Jin10 reported that, according to industry insiders, South Korean brokerage firms reopened their daytime trading service for US stocks on Tuesday after being suspended for over a year due to system issues. Insiders stated that investors can now use the trading systems of 18 brokerage firms in South Korea to trade US stocks from 9 AM to 5 PM local time. The daytime trading of US stocks in the South Korean stock market had been suspended since August 5, 2024. This suspension was triggered after a system failure occurred at the alternative trading platform Blue Ocean, leading to a large number of local investors canceling orders. At that time, Blue Ocean was the only platform representing local brokerages to handle US stock orders.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
South Korean brokerages resume daytime trading services for US stocks after a hiatus of more than a year.
On November 4, Jin10 reported that, according to industry insiders, South Korean brokerage firms reopened their daytime trading service for US stocks on Tuesday after being suspended for over a year due to system issues. Insiders stated that investors can now use the trading systems of 18 brokerage firms in South Korea to trade US stocks from 9 AM to 5 PM local time. The daytime trading of US stocks in the South Korean stock market had been suspended since August 5, 2024. This suspension was triggered after a system failure occurred at the alternative trading platform Blue Ocean, leading to a large number of local investors canceling orders. At that time, Blue Ocean was the only platform representing local brokerages to handle US stock orders.