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Mirae Asset Is Boosting Active Investors In The Capital Market With The Launch Of The M-STOCK App

Mirae Asset Sekuritas Indonesia is aiming to boost the number of active investors in the capital market with the launch of their new mobile stock trading app called M-STOCK. This app is designed to make investing and trading in the stock market easier for users. Tomi Taufan, the Director of Mirae Asset, mentioned that they hope this app will enhance investment literacy and financial stability among the community. Currently, over 35% of Mirae Asset's investors are active, which is significantly higher than the industry average of around 20% for total stock investors and 9% for the overall capital market investors (including stocks, bonds, and mutual funds). "We believe M-STOCK will complement the features of our previous app, HOTS, making it easier for clients to trade and increasing the number of active investors in both the stock and capital markets," Tomi said in a press release on July 29, 2024. According to data from the Indonesia Stock Exchange, as of May 2024, there are 1,142,000 active stock investors out of a total of 5,720,000 stock investors and 12,936,000 capital market investors. By the end of last year, Mirae Asset had around 300,000 clients, including about 30,000 mutual fund investors due to their license as a Mutual Fund Selling Agent (APERD). Tomi noted that the launch of the M-STOCK mobile app marks a new era in stock trading, thanks to its user-friendly design, which aims to attract and increase the number of investors and stock traders. In addition to boosting the number of investors and traders, M-STOCK simplifies stock transactions, especially for new investors, which is expected to raise the number of active stock investors in the capital market. He also highlighted that M-STOCK is backed by advanced Information Technology (IT), which is a key strength of Mirae Asset, particularly in terms of its interface, feature completeness, and reliable transaction recommendations.

With these conveniences, investors can feel more at ease and confident when making investment and stock trading decisions. M-STOCK is a mobile app for stock transactions that you can download from the Google Play Store, the App Store, or via the link https://masi.id/downloadmstock. It’s designed to help users make informed investment choices comfortably. If you have a Mirae Asset account, you can also use the Neo HOTS mobile app and the HOTS app on your PC. "We hope M-STOCK will create a positive disruption in technology by supporting our goal of democratizing investment and enhancing financial literacy. This way, we can help people achieve their financial stability and investment goals, especially since they are still vulnerable to the negative aspects of tech disruption, like online gambling and loan abuse," said Tomi. Besides stock investments, Mirae Asset also offers dozens of mutual funds managed by various investment managers through the NAVI app to fulfill its role as an APERD.

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Tag: Capital Market Investing Mirae Asset Trading