SnarkyPuppy Posted September 3, 2017 Share Posted September 3, 2017 Looking for any US citizens that have experience buying Korean listed stocks. Fidelity used to allow purchasing Korean listed securities if you called on the phone and spoke to a broker. I just got off of the phone with a Fidelity rep and he told me Fidelity stopped this practice (SEC shut it down) roughly 6-7 months ago. According to the rep I talked to, you need a Korean ID number which doesn't seem easily attainable as a US citizen. Does anyone have any insight into alternatives? Another US broker would be ideal but I think Fidelity was the last to do this. Link to comment Share on other sites More sharing options...
matjone Posted September 3, 2017 Share Posted September 3, 2017 I looked into this in the past but never ended up doing it. Etrade offered it at that time but that was a few years ago. Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted September 5, 2017 Share Posted September 5, 2017 There are multiple threads on this board that cover the brokers that buy the stocks directly as well as what stocks are avaiable in ADR/GDR form on major exchanges. It might be worth a quick search. Link to comment Share on other sites More sharing options...
SnarkyPuppy Posted September 5, 2017 Author Share Posted September 5, 2017 There are multiple threads on this board that cover the brokers that buy the stocks directly as well as what stocks are avaiable in ADR/GDR form on major exchanges. It might be worth a quick search. Actually spent some time parsing through search results prior to making this thread and that led me to believing Fidelity was the only remaining option. Possible I missed something...? Link to comment Share on other sites More sharing options...
eclecticvalue Posted September 5, 2017 Share Posted September 5, 2017 Interactive Brokers? Link to comment Share on other sites More sharing options...
rukawa Posted September 6, 2017 Share Posted September 6, 2017 Interactive Brokers? AFAIK IB only allows trades on Korean stock futures. Not Korean cash equities. So if you can find a future on your stock your in luck. See here: https://www.interactivebrokers.com/en/index.php?f=products&p=asia_stk Link to comment Share on other sites More sharing options...
Pondside47 Posted September 6, 2017 Share Posted September 6, 2017 check out BOOM in HK. You can buy the preferred via them Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now