MERITZ Securities announced that customer assets in its online-only investment account SUPER365 have surpassed 7 trillion won. This comes just six months after launching a commission-free event.
Kim Jong-min, head of the institutional sector at MERITZ Securities, said during a conference call after the announcement of first-quarter results on the 14th, “The monthly overseas stock transaction amount has also exceeded 10 trillion won, indicating that the expansion of digital channel customers is progressing smoothly.”
Kim noted that the expenses for the commission-free event of SUPER365, scheduled to run until the end of 2026, could be managed at around 100 billion won as initially expected.
Kim said that a fourth-generation online investment platform is under development, aiming for a launch in the first half of 2026, to cater to the increasing number of digital customers. Additionally, centers in Gangnam and Yeouido have opened since last month targeting high-net-worth individuals.
Kim stated, “Through the commission-free promotion, we will provide differentiated services and customer experiences that set MERITZ Securities apart from existing securities firms for the investors who choose us.”
MERITZ Securities announced that it has activated a task force (TF) to apply for a license for its issuance of notes business. Earlier, the Financial Services Commission said it plans to accept applications for note issuers and comprehensive financial investment businesses with equity of 4 trillion won and 8 trillion won during the third quarter of this year.
Kim noted, “We aim to apply within the year in line with the financial authorities' schedule for the reform of the comprehensive financial investment business system,” adding, “We plan to strategically utilize this to expand non-real estate corporate financing and diversify funding sources.”