<Anchor> This is a
friendly economic time. Today (24th), I will be with reporter Kim Hye-min. To be honest, this is the first time I've ever heard of young people trading stocks like this these days. You say you do a lot of decimal trading. What is this, decimal trading?
<Reporter>
Usually, when you buy a stock, you buy one share at a time. But other than that, we are talking about living in 0.3 weeks or 2.5 weeks.
I want to invest, but buying this is a bit burdensome if it costs millions of won a week. In this case, decimal trading is perfect.
It is not possible to invest in Korean stocks as a decimal point. You can only do overseas stocks, but two domestic securities companies are providing this service.
I haven't tried it yet, but the MZ generation seems to do it a lot these days.
From January to the end of October this year, there were about 1.11 million individual investors who bought overseas stocks by trading decimal places.
This is probably because the younger generation with little seed money use this a lot when they buy stocks that are expensive per share.
<Anchor>
I also study thanks to reporter Kim. Then the question is splitting it up. After that, the amount to buy is probably not that much, what is the amount to buy stocks?
<Reporter>
That's right. Stock trading volume is not that big yet.
I looked at how many customers who made decimal transactions this year at a securities company, and the average purchase amount per person was only about 80,000 won.
A customer in their 30s owns an average of 11 million won in overseas stocks, which is less than 1% of that figure. And it was 'Tesla', the stock that I bought the most in decimal trading.
Apple, Google, and Amazon are also top-selling stocks. These stocks have a lot of trading in the first place, but except for Apple, they all exceed 1 million won. So it seems that young investors are preferring to split it up and buy it.
<Anchor>
Reporter Kim's explanation Listening like this, it doesn't look bad because it seems like a system that gives young people who don't have seed money an opportunity to invest like this. That's why you're saying it's kind of a more expansive atmosphere?
<Reporter>
Yes. I mentioned earlier that currently only two brokerage firms provide services. But now this has increased to 20 places.
This was made possible when the Korea Securities Depository recently built a service that supports transactions of securities companies, so most securities companies will be able to do decimal trading by the first half of next year at the latest.
The method may be a little more complicated than direct investment.
When a securities company receives decimal trading orders from investors, it aggregates them into one-week units, and then submits the orders to the Korea Exchange at once.
However, it is highly probable that this will be less than a week. For example, if one person orders 0.5 weeks and another person orders 0.3 weeks, 0.2 weeks is not enough to make 1 week. In that case, the brokerage company will place an order by adding up 0.2 shares of its own order.
So far, we have been talking about foreign stocks. Related institutions are also preparing for decimal trading of domestic stocks, but since it takes time to build the system, it is expected that this will be possible from the third quarter of next year.
<Anchor>
Is this decimal point trading different from the existing stock trading? So, in the past, stocks were bought and sold in real time, but this is a kind of time lag trading method. Then, I think there are some other parts of this decimal transaction, including these things. So, if you are thinking of investing, please let me know what parts you need to pay attention to.
<Reporter> The
most important thing to note here is that decimal trading is not real-time trading.
This is because a brokerage company submits these orders at once by summing up decimal orders from multiple investors, so there is a time lag.
Also, not all foreign stocks can be invested as a decimal point, and each securities company has different stocks that can be traded.
In addition to this, the minimum order amount and when the order can be made may vary depending on the conditions of each brokerage company.
Before investing, check these things thoroughly with the securities company you want to use.
Lastly, decimal transaction fees are usually more expensive than general overseas stock trading.
It's also important to remember that your belly button can be bigger than your belly button.