00:03Toss Securities wants to be more than a trading app. Its CEO says the brokerage will launch a
00:09tax-advantaged savings account next year. The goal is to turn traders into long-term investors,
00:16a big shift for an app built on quick trades. It's Tuesday, November 10th. Here's what investors
00:22are watching in Korea today. Toss Securities launched in 2021 as a mobile-first brokerage.
00:28It grew fast on simple trading of Korean and U.S. stocks. Now its new CEO, Kim Kyu-bin,
00:35is pushing into wealth management. Here's what the numbers show. 10 million users have signed up
00:41for Toss Securities since its 2021 launch. Toss targets the first half of 2027 for its Individual
00:48Savings Account, or ISA, launch. The brokerage will add AI-powered research and wider U.S. stock
00:56brokerage. Separately, the National Pension Service's three-times-the-return claim narrows to about two
01:03percentage points once guaranteed products are excluded. So what does this mean for global market
01:08followers? Earlier, we said Toss wants to turn traders into long-term investors. Here's what
01:15that actually means for you. Korea's retail money may shift from short-term trading toward tax-advantaged
01:21accounts. That could steady domestic flows into Korean stocks. Toss's ISA product details. Competing
01:29ISA offers from larger brokers. Retail inflows into long-term accounts. That's today's AI Prism
01:37Securities Daily. This episode was produced with AI Assistants based on Seoul Economic Daily reporting
01:43and reviewed by a human editor. AI Prism is a Juan Ifra award-winning series. We'll be back tomorrow.
