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Brokerage Firms Ramp Up Efforts to Introduce Security Tokens

Brokerage Firms Ramp Up Efforts to Introduce Security Tokens

SEOUL, Feb. 7 (Korea Bizwire) — After the government announced that it would allow security token offerings, South Korean brokerages are doubling down on efforts to launch related services. Shinhan Securities Co., for instance, announced on Monday that it will set up a security token offering (STO) alliance. An STO alliance is an organization that [...]

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. [...]