Customers can earn up to 50,000 won in cumulative rewards for weekly trades
Stock futures and US dollar futures traders also eligible for prize draws
Korea Investment Securities, a subsidiary of Korea Investment, announced Tuesday it will run a domestic derivatives trading event targeting new and dormant customers who hold a BanKIS domestic futures and options account.
The "Domestic Futures and Options Trading Event" runs through Nov. 5. It is open to customers trading domestic derivatives for the first time and to dormant customers who recorded no trading activity in the five months from April 1 through Aug. 31.
Participants who register and complete at least one contract per week for one to three weeks can earn cumulative rewards of up to 50,000 won ($37), depending on how many weeks they meet the target. In addition, 20 customers will be selected by draw from among those whose cumulative domestic futures or options trading volume reaches a designated threshold during the event period; each winner will receive either 500,000 won or 2 million won.
A separate event covers domestic stock futures and Korea Exchange US dollar futures. Dormant customers with no trading experience in those products — or no activity in the past five months — who register and trade a combined total of at least 100 million won in stock futures and US dollar futures will receive a mobile coffee coupon on a first-come, first-served basis, limited to 1,000 customers. A draw of 20 customers, tiered by cumulative trading volume, will also award prizes of up to 1 million won.
"As exchange rate volatility and stock-specific divergence continue, customer interest in stock futures and dollar futures as hedging and investment tools has been growing," a Korea Investment Securities official said. "We hope this event gives customers a chance to fully understand the structure and risks of derivatives and to experience risk management and investment strategies suited to their own goals."
Korea Investment Securities is also running its seventh domestic stock investment competition, "Han-tu Battle," for four weeks from Monday through Oct. 2. The competition features a "20s Rookie Challenge" for customers in their 20s to build hands-on investment experience, a "Weekly Trading Challenge" open to all age groups, and an "Open API League" for participants using open APIs and AI.
yuni@heraldcorp.com
