Dunamu-operated stock trading platform charms investors
Stockplus, an unlisted stock trading platform operated by Dunamu, Korea’s leading crypto exchange, provides reliable information, secure trading infrastructure and optimized functions to best cater to the needs of investors ahead of an initial public offering (IPO), market watchers said Monday.
The popularity of the financial service platform is underpinned by the IPO-buoyed strong investor sentiment, as evidenced by the number of unlisted stock transactions coming to 532,455 for this year as of February, up 45 percent from a year prior. The trading volume total amounted to over 1.39 trillion won ($1.01 billion), up 26 percent from a year earlier. Monthly active users and daily active users registered year-on-year increases of 24 percent and 40 percent, respectively, in January.
The platform operator says a growing number of investors are opting for unlisted stock trading, a more practical way to profit and bypass the fierce competition in the IPO subscription craze.
The platform’s IPO schedule tab views soared 35 percent in a span of the past 11 months that ended in February.
The number of platform users that added new shares to their list of favorites doubled in the same period. The news searches on firms of their interest quadrupled.
Investors will be able to further their goals, as mediated by the platform’s up-to-date functions undergoing regular updates, Dunamu said.
The platform operator is aware that investing in unlisted shares requires information verified for reliability for sound judgment.
This is why it provides information that is unmatched in volume and in quality, extracted directly from reliable sources including NICE Information Service.
Also enhancing user experience is a simplified user interface system, ensuring easy view of and navigation through information.
Market analysis will be provided with the help of major brokerages, including Samsung Securities.
The platform was the first to put in place a safe trading system similar to one implemented by the country’s top brokerages to create a safe investment environment.
Safe logs of unlisted stock trading are preserved for record-keeping. Misplaced orders are preventable since transactions go through only after the buyer’s cash balance and the seller’s for-sale shares match.
The platform has streamlined views of IPO schedules and search box. Pre- and post-book-building processes are on display, a feature not provided by other mobile trading systems.
The latest IPO news is updated alongside performances of shares after IPOs.