Mirae Asset Securities signs foreign integrated account agreement with UOB Kay Hian

Mirae Asset Securities 6month 8day signed an agreement with Singapore-based major securities firm UOB Kay Hian to provide foreign integrated account services. The agreement and service launch were led by Mirae Asset Securities’ Singapore subsidiary. The company explained that the agreement would improve local investors’ access to Korean stocks.

A foreign integrated account is a method through which an overseas securities firm consolidates orders from investors in its home country into a single account and transmits them to the domestic market. This method allows individual investors to trade Korean stocks without opening a separate account with a domestic securities firm. Articles reported that this structure lowers the entry barrier for overseas investors.

Mirae Asset Securities said it plans to use the service to expand access to the domestic market in Southeast Asia, including Singapore. The service launch was pursued through consultations with local securities firms. The company said its goal is to improve convenience for local investors.

UOB Kay Hian is classified as a major securities firm in Singapore. The company is listed on the Singapore Exchange. As a contractual counterparty, it participated in providing an omnibus account for foreign investors.

According to media reports, the service could facilitate the inflow of funds from foreign investors. Articles repeatedly reported that the service would make it more convenient for Southeast Asian investors to trade Korean stocks. Its specific impact may vary depending on future market responses.

If related disclosures or additional announcements are issued, details on whether the countries covered by the service will be expanded and on how it will operate are expected to be made public. Investors should check additional disclosures from Mirae Asset Securities. Once the company issues further guidance, the scope and procedures for applying the service will become clearer.