Percentage of mobile stock trading in South Korea in 2016 is going to surpass 40% for the first time. It is the first time since culture of Smartphone was introduced 6 years ago with Samsung Electronics’ Galaxy S.
According to Korea Exchange on the 27th, percentages of MTS (Mobile Trading System) from online trading of KOSPI (securities) and KOSDAQ markets are both nearing 40%. It is certain that both percentages will surpass 40% by end of this year and this is only a year removed from when they surpassed 30% for the first time.
Percentages of mobile trading by end of November are 39.31% and 39.52% for KOSPI and KOSDAQ respectively based on trading volume. Considering the fact that mobile trading has consistently maintained more than 40% after second half of 2016, it will be easy to achieve yearly average of 40%.
It is predicted that mobile trading from trading value will surpass 40%. By end of November, KOSPI and KOSDAQ recorded 37.70% and 37.81% respectively. Because there are many instances where domestic and foreign institutional investors make book closing in December before Christmas, percentage of individual investors is high. Because percentage of mobile trading for individual investors is high, it will be possible for percentage of MTS to surpass 40%.

2011 was the year when stock firms introduced mobile trading applications for the first time.
Although mobile trading was happening partially before 2011, percentage of mobile trading was under 5%. At that time, HTS (Home Trading System) based on PC was the trend.
However after Galaxy S was released in June of 2010, mobile trading in stock markets has become regularized.
Percentages of mobile trading from KOSPI and KOSDAQ markets have surpassed 10% for the first time in 2011 and they rapidly increased to 18% in 2012 after Galaxy Note was released for the first time in October of 2011. They surpassed 20% in 2013 and trading volume and trading value surpassed 30% in 2015.
“Percentage of mobile trading increased by 10% every 2 years since 2011 and non-faced opening of accounts and introduction of robot advisors have had huge impact on mobile trading this year.” said a representative for Daishin Securities Co., Ltd. “Stock firms also grabbed attention from investors by upgrading their MTS.”
“Because there is more fixed number of users for HTS, HTS is a structure that is difficult to surpass 50%.” said a different expert. “MTS will be able to surpass HTS within couple years when brilliant progress follow with Smart devices.”
On the other hand, percentage of online trading (including HTS and MTS) from overall trading based on KOSDAQ’s trading volume surpassed 90% for the first time this year. Percentage at the end of November was 90.18%.
Staff Reporter Lee, Seongmin | smlee@etnews.com

