JB Securities Vietnam launches innovative securities trading platform Finavi

Over the past year, JBSV has meticulously developed its advanced mobile trading system (MTS) and web trading system (WTS), drawing on South Korean technologies and expertise.

This effort has resulted in Finavi, a platform that simplifies securities trading for both new and experienced investors with various unique features and functions.

Finavi includes two versions. MTS is tailored for new and less-experienced investors, and WTS is designed to meet the needs of intermediates and professionals. Both versions offer customizable tools and a simplified interface, making securities trading more accessible.

As the MTS prioritises simplicity, it features a user-friendly design with visualisation to enhance accessibility for new investors who are just entering the securities markets. Additionally, it provides a real-time ranking service and discovery features based on market and clients data, offering insights into the stocks favoured by other similar investors.

The WTS offers advanced features like a multi-display interface, which enables investors to modify screens for easy and diverse order execution.

To help investors access stock markets at a lower cost, JBSV has introduced minimum brokerage fees. With technology-driven online securities trading services without brokers, the cost-savings are shared with clients.

To further enhance the investor experience, the company will apply a lifetime zero brokerage fee for individuals who open a Finavi account before the year's end. Once investors become Finavi customers, they can enjoy competitive margin lending services as well. An unprecedented margin lending service promotion will be introduced to Finavi’s new customers in October.

To allow new investors to access the stock markets at no cost, and experienced investors to show their expertise, Finavi is holding a VN-Index forecasting competition, the StockKing game, from October 2. Participants can easily join in by guessing and choosing an Up or Down for the VN-Index each day.

The competition benefits participants with daily gifts, monthly prizes, and the chance to win from a substantial prize pool of VND888 million (around $37,500).

JBSV is also offering a valuable cash gift of up to VND250,000 ($10.55) for all new Finavi account holders up to the end of the year (excluding foreigners and corporate customers).

When they successfully open an account, customers will receive VND50,000 ($2.11). Further incentives include an additional VND100,000 ($4.22) for those who deposit and maintain at least VND5 million ($210.97) net asset value for seven working days. Customers can earn another VND100,000 ($4.22) by engaging in securities trading with a transaction value exceeding VND5 million ($210.97).

Kim Doo Yoon, CEO of JB Securities Vietnam said, "Finavi’s goal is to provide a state-of-the-art, user-friendly interface – a concept that has already been well-received in South Korea and other developed markets. Finavi incorporated the features, functions, and design of securities trading platforms that are popular in South Korea, with the aim of blending local platform styles with South Korean ideas and experience."

"With the confidence that once our new investors experience the Finavi platform, they will become long-term clients of ours, Finavi has prepared a series of initiatives to attract investors including a stock index forecasting competition, an account opening and life-time free brokerage fee promotion, and an exceptional margin loan offer," Yoon continued.

He added that it is paramount to deliver financial services with the utmost integrity and commitment to generate sustainable growth. The company has prioritised instilling environmental, social, and governance principles and sustainable development goals into its vision, mission, and core values.

JBSV’s ultimate ambition is to grow alongside the Vietnamese capital markets, and its goals are twofold. It hopes to arm individual investors with knowledge, ensuring they approach the market with confidence, while also providing corporate clients with optimal financial solutions, spurring their growth.

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JB Securities strives to contribute to development of Vietnam's capital markets While Vietnam's capital markets are still in early stages relative to its global counterparts, there's significant potential for the growth of the markets. Kim Doo Yoon, CEO of JB Securities Vietnam, spoke about its newly launched securities brokerage business, and the company's commitment to the development of Vietnam's financial markets.