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Samsung Securities Ordered to Partially Halt Operations for 6 Months Over ‘Fat-Finger’ Fiasco

Samsung Securities Ordered to Partially Halt Operations for 6 Months Over ‘Fat-Finger’ Fiasco

SEOUL, Jul. 26 (Korea Bizwire) — The financial regulator on Thursday ordered Samsung Securities Co. to suspend part of its operations for six months as punishment for the brokerage’s “fat-finger” error that sparked a massive public uproar. Samsung Securities will be banned from offering its services to new investors for six months from Friday, the [...]

S. Korean Brokerage Firms Face Growing Wave of Layoffs

S. Korean Brokerage Firms Face Growing Wave of Layoffs

SEOUL, Jan. 6 (Korea Bizwire) – South Korea’s securities industry faces an unabated wave of layoffs this year as brokerages strive to bolster their bottom lines and cut costs amid a bearish stock market and growing online stock trading, experts said Wednesday. Over the past several years, local securities companies have been trimming their workforces [...]

T3 Online Introduces New Offshore Investment Management Platform

T3 Online Introduces New Offshore Investment Management Platform

Hong Kong, Mar 31, 2014 (Korea Bizwire) - Steve Entwistle, CEO of T3, today  announced the launch of T3 Online to the offshore investment market. T3 Online  provides a sophisticated investment management platform from which client  portfolios can be managed quickly and efficiently with complete transparency of  accurate, unbiased information delivered in a timely manner. [...]