Overview
- Interactive Brokers launched direct trading in Korean equities, becoming the first major U.S. broker to offer seamless access to the Korea Exchange.
- Eligible clients can turn on KRX access the same day and trade with real-time execution and transparent, institutional-grade pricing.
- The rollout covers more than 1,800 listed stocks and supports multi-currency trading, API access for algorithms, and portfolio margining where eligible.
- FX conversions carry commissions as low as 0.20 basis points, which can lower the all-in cost of trading in Korean won.
- Access is unavailable to residents of Korea and to clients of Interactive Brokers’ Japan and India affiliates, and the move extends the firm’s broader Asia expansion.