stock trading Archives | Be Korea-savvy
Smartphones Beat Personal Computers in Stock Trading for 1st Time

Smartphones Beat Personal Computers in Stock Trading for 1st Time

SEOUL, Jan. 5 (Korea Bizwire) — Smartphones overtook personal computers as the top stock-trading platform in South Korea last year, data showed Sunday. Stock trading via smartphones accounted for an average 40.66 percent of daily trading on the main KOSPI market last year, according to the data by the nation’s bourse operator. In comparison, stock [...]

Ex-Chairwoman of Hanjin Shipping Indicted over Illegal Stock Trading

Ex-Chairwoman of Hanjin Shipping Indicted over Illegal Stock Trading

SEOUL, Dec. 30 (Korea Bizwire) – A former head of Hanjin Shipping Co. was indicted Friday on charges that she illegally sold company stocks using insider information to avoid losses.  The Seoul Southern District Prosecutors’ Office said Choi Eun-young is accused of selling stocks of the financially troubled Hanjin Shipping in April after obtaining information [...]

Bill Submitted for Heavier Fines, Prison Sentence for Illegal Stock Trading

Bill Submitted for Heavier Fines, Prison Sentence for Illegal Stock Trading

SEOUL, Nov. 29 (Korea Bizwire) – A bill was proposed stiffening monetary penalties and prison sentences for illegal stock trading made with inside information and price manipulation, people in the financial community said Monday. The bill submitted by Rep. Kim Young-joo of main opposition Democratic Party would allow monetary fines in the amount two to [...]

S. Korean Stock Market to Use AI for Monitoring

S. Korean Stock Market to Use AI for Monitoring

SEOUL, Aug. 24 (Korea Bizwire) – South Korea will set up a new stock market monitoring system using artificial intelligence (AI) by 2018, the nation’s bourse operator announced Wednesday.  The move is intended to counter unfair stock trading taking advantage of information technology (IT), social micro-blogging sites and robo-advisors, according to the Korea Exchange.  “Market [...]