Toss Securities CEO Oh Chang-hoon(left) and Hana Financial institution official Namgoong One pose for a photograph after signing a memorandum of understanding to collectively present around-the-clock service for FX buying and selling. (Hana Financial institution)
Hana Financial institution on Thursday signed a memorandum of understanding with Toss Securities, the brokerage arm of fintech firm Viva Republica, to collectively present around-the-clock service for international alternate buying and selling.
“By way of steady cooperation with varied monetary corporations like Toss Securities, we’ll create a brand new development within the international alternate market,” Hana Financial institution official Namgoong One stated in a press release.
In keeping with Hana Financial institution on Friday, the financial institution will primarily present alternate fee data that it acquired utilizing an utility programming interface to Toss Securities in order that the companion agency’s purchasers can use them when buying and selling. In return, Toss Securities might be offering the consumer’s data.
Specifically, offering these alternate charges after the traditional working hours for transactions within the Seoul Overseas Trade Market—from 9 a.m. to three:30 p.m.—might be helpful for a lot of buyers who needed to commerce with out figuring out the particular fee, Hana Financial institution harassed.
Since launching the web international buying and selling platform Hana FX Buying and selling System in Might 2020, the financial institution has been specializing in advancing its know-how within the subject with hopes to steer the long run market.
By Tune Seung-hyun (ssh@heraldcorp.com)
