Korea Joongang Daily
Korea JoongAng Daily

Mirae Asset Securities' Hong Kong unit obtains digital-asset retail license

Mirae Asset Securities’ Hong Kong unit has obtained a digital-asset retail license from Hong Kong’s Securities & Futures Commission, becoming the first Korean brokerage to do so, the company said on Wednesday.

2026-04-15

Securities firms' 2025 net spikes 39 percent on increased stock turnover

Securities companies in Korea saw their net profit soar 39 percent in 2025 largely due to increased commission income from a sharp gain in stock trading, data showed Thursday.

2026-03-26

Korea Investment & Securities tops brokerage industry with 2 trillion won in net profit

Brokerage firm Korea Investment & Securities reported Wednesday that it posted 2.01 trillion won ($1.4 billion) in consolidated net profit in 2025, up 79.9 percent from a year earlier and marking the highest earnings recorded in the entire industry.

2026-02-12

Korean brokerages halt securities-backed loans amid market ferver

Korean brokerages are tightening stock lending as retail investors ramp up debt-driven investment to record levels, raising concerns about overheating in an increasingly volatile market.

2026-02-03

Delivery app Baemin to exempt brokerage fee for small orders

Woowa Brothers, operator of online delivery platform Baemin, said it will exempt brokerage fees for orders worth 10,000 won or less as part of its 300 billion won social inclusion initiative aimed at easing financial burdens on small business owners.

2025-06-19

Overseas branches of brokerage houses rack up sharp increase in 2024 earnings

Overseas businesses of Korean securities companies saw their net income spike last year on the back of increased trading, data showed Monday.

2025-05-19

Korea's major brokerage houses expected to have posted decent earnings in 2024 on increased overseas stock trading

Korea's major brokerage houses are expected to have racked up decent earnings last year on the back of increased trading of overseas stocks, industry sources said Monday.

2025-01-27

FTC investigating securities companies for price fixing

Korea’s antitrust agency has launched an investigation into local securities companies over allegations that they are involved in price fixing in determining commission rates for their financial products.

2023-06-21

Brokers pitching their best security token ideas ahead of law

Financial institutions are trying to get ahead of the trend by creating security token offerings even before they are legal in Korea.

2023-02-14

Brokerages earn 23.6 billion won in short selling fees in H1: data

Brokerages in Korea raked in a combined 23.61 billion won ($16.5 million) in fees from handling stock short selling in the first half of this year, data showed Tuesday.

2022-09-27