FORUM

This year, the Jeju Forum hosted 3,672 participants from 49 countries, the largest number in the forums history, signaling its growing importance as an international forum that deals comprehensively with a variety of topics. With one voice, Asian political leaders and erudite scholars from around the world expressed their yearning for peace on the Korean Peninsula, and delivered the East Asian communitys shared vision of a peaceful, constructive resolution to historical and territorial disputes in Asia, founded on mutual understanding.  Seeking global cooperation that befits this anticipated paradigm shift, a broad range of topics was considered, including the economy, culture, women, energy, and climate change. As a result of these discussions, new measures were devised to respond effectively to various crises and changes.Based on the fruits of this years discussions.


Host: Jeju Special Self-Governing Province, International Peace Foundation, East Asia Foundation, JoongAng Ilbo 
Organizer: Jeju Peace Institute

TIME ORGANIZATION SESSION ROOM
15:00 ~ 16:20
[9-D] Changes in Securities Business and Role of Research Center
증권업 환경의 변화와 리서치 센터의 역할
Room D
Moderator: CHO, Yun Nam (Research Head, DaeShin Securities)

Presenters
SHIN, Seong-ho (Head, Woori investment & Securities Research)
JEONG, Yong-taek (Head, KTB Investment & Securities Research)

Rapporteur: LEE, Hong-pyo (Reporter, Hangyung Business)

사회: 조윤남 (대신증권 리서치센터장)

발표
신성호 (우리투자증권 리서치본부장)
정용택 (KTB투자증권 리서치본부장)

라포터: 이홍표 (한경비즈니스 기자)

Recently, securities business faces the necessity for changes. That is because both trading volume and money are decreasing. In the past, the main source of profit for domestic securities firms was the trading fee from individual as well as institutional investors. In particular, analysis by research centers for institutional investors was very important. Additionally, research centers also secured profit through
business with institutional investors. However, as trading by institutional investors is decreasing, the
profit of research centers is also dramatically declining. There is no current indication for an increase in trading by institutional investors. This session discusses the strategies of research centers that are looking for the ‘new way’ in such a changed securities situation.

최근 증권업계는 변화의 필요성과 맞닥뜨렸습니다. 이유는 주식 거래량과 거래대금이 모두 줄어들고 있기 때문입니다. 그간 국내 증권사들의 주수익원은 개인투자자와 기관투자자의 주식거래 수수료였습니다. 이중 기관투자자의 거래에 있어서 리서치센터의 분석은 핵심적 역할을 했습니다. 아울러 기관투자자들의 거래를 통해 리서치센터가 수익원을 확보한 것도 사실이었습니다. 그러나 기관투자자들의 거래가 줄어들면서 리서치센터의 수익성이 급감하는 중입니다. 물론 앞으로도 기관투자자들의 거래가 늘어날 기미도 보이지 않습니다. 이렇듯 변화한 증권 환경에서 ‘새로운 길’을 찾고 있는 리서치센터들의 전략을 소개할 예정입니다.

Speaker

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