Interactive Brokers, Daol Partner To Expand Access To Global Equities

KUALA LUMPUR, Aug 26 (Bernama) -- Interactive Brokers, an automated global broker, has collaborated with Daol Investment & Securities to provide eligible Korean investors with cost-effective access to global equities via Daol's platform, supported by IBKR's advanced trading infrastructure.

The collaboration highlights Interactive Brokers' strength as a provider of brokerage technology and white-label solutions for introducing brokers worldwide.

Interactive Brokers in a statement said by leveraging IBKR's sophisticated trading infrastructure, Daol can offer clients an enhanced investing experience.

Interactive Brokers Managing Director for APAC, David Friedland said its technology, competitive pricing and broad global market access can help institutions worldwide optimise business operations and better serve their clients.

Meanwhile, Daol Investment & Securities Chairman, BC Lee said the initiative with IBKR is intended to provide Korean investors with a new investment experience directly connected to a global securities infrastructure.

“Through a comprehensive collaboration that includes expanding accessible markets, derivatives, and direct investment services in the Korean market for overseas investors, we plan to develop this into a long-term, two-way global investment platform,” added Lee.

IBKR Brokerage Services includes powerful trading technology and tools to trade products on more than 170 markets, real-time market risk management and monitoring to help firms measure and manage risk exposure, and competitive pricing with no ticket charges or minimums, as well as no technology, software, platform or reporting fees.

Interactive Brokers provides automated trade execution and custody services across more than 170 markets through a single unified platform, serving individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers.

-- BERNAMA