Interactive Brokers Group Inc. (NASDAQ: IBKR) announced a strategic partnership with South Korea's Daol Investment & Securities to provide Korean investors with access to global equities through Daol's platform.
The collaboration leverages Interactive Brokers' white-label trading infrastructure, enabling Daol to offer its clients exposure to products in over 170 markets worldwide. The arrangement includes Interactive Brokers' automated order execution, custody services, and real-time market risk management tools, with no order-routing fees or minimum value charges applied.
BC Lee, Chairman of Daol Investment & Securities, stated the initiative aims to enhance Korean investors' access to global securities infrastructure. He added that Daol plans to expand its accessible markets, derivatives offerings, and direct investment services for foreign investors in the Korean market.
David Friedland, Managing Director for the APAC region at Interactive Brokers, highlighted the partnership as part of the firm's broader strategy to deepen its presence in the Asia-Pacific region. Interactive Brokers, a member of the S&P 500, serves individual investors, hedge funds, proprietary trading groups, financial advisors, and introducing brokers across securities, commodities, foreign exchange, and prediction markets.
The agreement underscores the growing demand among Korean investors for broader international market access, particularly in equities and derivatives, as domestic options remain limited.
