Korea Investment & Securities Co. said on Feb. 4 it will hold a "domestic single-stock futures and options transaction event" from Feb. 4 to April 6 for customers who hold domestic futures and options accounts for the online-only trading service BanKIS.
Unlike the previous combined futures and options events, this one is limited to domestic single-stock futures and options transactions. It was prepared to reflect a market environment in which investor interest is expanding from index-centered investing to responding to volatility in individual stocks.
Korea Investment & Securities Co. will give Starbucks coffee coupons to the first 1,000 customers who, having no transaction history in single-stock futures and options during the event period, apply for the event and execute at least one contract.
In addition, based on weekly domestic single-stock futures and single-stock options transaction amounts, 34 people will be selected by drawing each week to receive 20,000 to 150,000 won in cash, and the top four by cumulative transaction amount during the event period will receive a Dyson air purifier.
Kim Do-hyeon, head of the retail client group at Korea Investment & Securities Co., said, "Single-stock futures and options are an efficient investment tool that allows participation in stock rallies with small capital, enables two-way investing, and manages downside risk," adding, "Through this event, we hope more investors experience the practical value of single-stock futures and options."