Yi Whan-woo is a Korea Times journalist primarily covering finance. He writes in-depth articles on macroeconomy and financial markets and previously covered sports, politics, diplomacy and inter-Korean affairs, among others. Feel free to contact him at yistory@koreatimes.co.kr.
Samsung unveils stock trading app
By Yi Whan-woo
A Samsung Securities employee poses with a tablet displaying stock market information provided by mPOP, the firm’s mobile trading application, in this file photo. / Courtesy of Samsung Securities
By Yi Whan-woo
Samsung Securities has introduced a mobile trading application that provides financial information. It can be used with various types of mobile devices.
The app has three versions: mPOP for smartphones, mPOP Tap for tablets with a 7-inch screen or larger, and mPOP Tablet for tablets with a 10-inch screen.
“Investors using mobile devices such as smartphones value speed and convenience when they’re engaged in financial activities,” the firm said in a press release.
“We reflected on these aspects when we developed the application.
“Users will find that mPOP’s design is really simple, which helps it run fast compared to other mobile trading applications.”
Using mPOP, consumers can find information such as the amount of investment and return on equity on various types of stocks registered on the benchmark KOSPI and on KOSDAQ, a bourse listing technology businesses.
mPOP also provides market analyses and trading tips by expert investors.
Until December, Samsung Securities will run a promotion that exempts new Samsung Securities customers who have not been using the app for long from paying hefty commission when they trade stocks.
Participants in the promotion will be able to sell and buy stocks via mPOP for only a 0.010 percent commission, which is lower than the average rate, according to the company.