'Demand exceeded expectations': IBKR on Korea's new omnibus accounts

Foreign investors have traded more than 6 trillion won ($3.9 billion) through Korea's new omnibus account system, highlighting strong global demand for easier access to the local stock market.

Among the early adopters is Interactive Brokers, the global electronic brokerage firm that launched Korea's first omnibus account service for foreign investors with Samsung Securities in May.

"There has been strong demand from Interactive Brokers clients globally for access to the Korean market for some ti ...