Kiwoom Securities said on the 3rd that it signed a partnership agreement on the 2nd with Split Invest, an automated trading solution corporations.
The partnership was made to combine a securities firm's transaction infrastructure with an external automated trading solution to offer investors a variety of investment methods. It effectively extends Kiwoom Securities' application programming interface (API)-based trading environment to an external service.
Under the agreement, investors will be able to set strategies on the SevenSplit platform and link their Kiwoom Securities accounts to execute real orders. Kiwoom Securities noted that, even without separate manual orders, investors can use an automated trading environment, which is expected to significantly improve investment convenience.
Kiwoom Securities has provided automated trading and algorithmic trading environments, building an API ecosystem centered on individual investors. The agreement is part of a strategy to strengthen links with external Fintech services.
A Kiwoom Securities official said, "We plan to continue expanding the investment ecosystem through connections with various external services going forward."