Eugene Investment & Futures Partners With Devexperts To Deliver Advanced Options Trading To Korean Retail Investors

Eugene Investment & Futures, one of South Korea's leading brokerage firms, has partnered with trading technology developer Devexperts to introduce complex options trading to the South Korean retail market via the country’s leading mobile payment application.

The new service will provide access to US listed equity and index options for retail investors, embedding advanced options functionality into a widely used mobile platform. The move is intended to broaden the tools available to active retail traders in an options market that is already well established in South Korea.

The initiative combines Eugene Investment & Futures’ three decades of experience in derivatives brokerage and its understanding of Korean investor behaviour with Devexperts’ trading technology, built over more than 20 years. The partners say the product is designed to extend beyond current offerings in the retail market by bringing more sophisticated options strategies within reach of everyday traders.

Devexperts has developed a new UI framework for the mobile interface, which is positioned as modern, intuitive and capable of supporting complex trading workflows. The front end is powered by Devexperts’ DXtrade infrastructure, with the underlying architecture designed for adaptability and scalability as Eugene Investment & Futures expands its digital options business.

The system is built to scale to hundreds of thousands of users, with a focus on maintaining performance as client volumes increase. This reflects the strong participation of Korean retail investors in overseas markets, particularly in US-listed securities and derivatives.

The solution incorporates Devexperts’ market data service, dxFeed, which supplies real-time pricing for US-listed options, historical charts and options analytics including Greeks, implied volatility and theoretical prices. These data points support traders in assessing how the floating profit and loss of complex options positions may evolve over time. Through dxFeed, complete OPRA Options are made available for trading, while full OPRA Options and US Equities data, including quotes and trades, are delivered directly from exchange to trader via South Korea’s AWS infrastructure to support low-latency connectivity.

Founded in 1991, Eugene Investment & Futures focuses on derivatives brokerage, the development and sale of financial products, and portfolio design for individual, corporate and institutional investors. Its new options service is intended to address growing demand among South Korean retail investors for more advanced tools to trade US options markets.

“Korean investors are enthusiastic about trading US stocks, and options trading based on US equities is also expected to gain significant popularity. To provide Korean retail investors with a reliable and advanced US options trading service, we were looking for a partner with proven technical expertise and a strong track record. It didn’t take us long to conclude that Devexperts, a partner recognized for its technological superiority and expertise in both the US and global markets, was the best choice. Through this partnership, Eugene Investment & Futures and Devexperts will take the lead in developing Korea’s emerging options market, distinguishing themselves with unrivaled options trading content and driving the popularization of options trading among retail investors.”
— Sookoo Lee, CEO, Eugene Investment & Futures

“We worked very closely with Eugene Investment & Futures on the development of this advanced options trading product designed specifically for the retail trading market in South Korea. This product has all the hallmarks of what we at Devexperts aim to deliver for our clients: products that empower our clients whilst helping them redefine retail trading as we know it. We’re excited to see US options trading brought to South Korea in this way and look forward to our ongoing work with Eugene Investment & Futures to support its continued growth and success in the market.”
— Jon Light, Senior Director Of Product Management, Devexperts

Jon Light, Senior Director Of Product Management, Devexperts

Found this interesting? Become a member of LiquidityFinder and get daily industry news direct to your inbox — join here.