Unlisted stocks firm Stockplus expands digital services

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Unlisted stocks firm Stockplus expands digital services

Dunamu’s Stockplus Unlisted platform demonstrates its top five most popular transactions. [DUNAMU]

Dunamu’s Stockplus Unlisted platform demonstrates its top five most popular transactions. [DUNAMU]

 
The unlisted securities market is the gift that keeps on giving, while an explosive growth trend is also evident.  
 
Information about unlisted companies — formerly rather difficult to attain — has been pouring in along with investment-related content, and there has been a significant increase in investor inflow.
 
According to Stockplus Unlisted, a leading domestic unlisted stock trading platform, the cumulative number of transactions in 2023 reached 478,652 with a total transaction amount of approximately 1.3 trillion won ($968 million).  
 
Thereby exhibiting respective increases of 39.3 percent and 22.1 percent compared to the previous year.
 
The steady growth trajectory of Stockplus Unlisted aligns closely with the immense potential that lies in the unlisted market.
 
The growth indicators for individual investors are quite notable.
 
In January of this year, the average transaction amount per individual investor stood at 8,226,680 won, marking a 24 percent increase compared to the same month of the previous year.  
 
The average number of transactions made per individual also surged by 16 percent, showing 5.8 transactions compared to 2023.  
 
The number of members who linked their accounts for the first time at the end of the year and the beginning of the year — between December 2023 to January 2024 — increased by more than double compared to the same period last year.  
 
The number of members who made their first trade also skyrocketed by around sevenfold.  
 
The striking progress of the unlisted market can be attributed to Dunamu’s endeavors.
 
The company took the first bold step into the long-overlooked realm of unlisted territory.  
In 2019, Dunamu launched the unlisted stock trading platform, Stockplus Unlisted.  
 
The company became the first in the industry to introduce the Safe Trading Service, effectively addressing issues such as transaction transparency, high retail margins and fake listings to enhance investors’ trust.
 
Stockplus Unlisted dismantled the barriers blocking the entry of the unlisted market, significantly improving accessibility for investors.
 
Based on a user-friendly mobile User Experience/Interface (UX/UI), Stockplus Unlisted introduced a variety of innovative features such as 24-hour advance orders that operate even on public holidays, and instant trading orders.  
 
These enhancements aim to support investors who are unfamiliar with unlisted stock investments and provide an effortless and convenient transaction experience.
 
With the inflow of investors, the strengthening of security was essential.  
 
Stockplus Unlisted prioritizes investor protection and demonstrates this commitment across various fronts.  
 
It internally operates a Stock Review Committee comprised of experts, conducting meticulous and systematic stock management processes.  
 
Fake listings are blocked through a mandatory authentication feature and various investor protection policies such as real-time monitoring and responses to prevent abnormal transactions are initiated.
 
As a result, Stockplus Unlisted achieved remarkable success, preventing more than 100 cases of fraud last year, and it is currently conducting the S.A.F.E (Sales, Account, Fact, Expose) campaign until June to further eradicate fraudulent activities within the market.
 
In the long run, the growth of the unlisted market will lead the startup ecosystem to flourish.  
 
 
Stockplus Unlisted provides company information from trusted sources such as NICE Information Service, Public Data Portal, Innoforest, and reports from Samsung Securities.  
 
Support for startups as well as attracting investments and capital circulation is facilitated so that startups can gain public recognition.
 

BY JEONG SEONWU [jeong.seonwu@joongang.co.kr]
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