Meritz Securities launches 'Cash & Shares All MOUM' event with account-opening rewards

Meritz Securities announced Thursday it will run a "Cash & Shares All MOUM" event offering cash and shares to customers who open an account on MOUM, its next-generation financial platform.

Customers who open a Super365 account on MOUM will receive a random cash reward of 1,000, 3,000 or 5,000 won. Those who open an account between Monday and Sunday will have the cash deposited into their account on Wednesday.

The event also gives customers a chance to win shares in Samsung Electronics or SK hynix. Customers whose total Super365 account balance reaches 1 million won ($730) or more as of the event's closing date will be entered into a draw for one share of either Samsung Electronics or SK hynix. The balance is calculated by combining all Super365 accounts held by the customer. Prize shares will be delivered within 10 business days after the event ends.

Customers may receive both the cash and share rewards. However, the two share prizes — Samsung Electronics and SK hynix — cannot both be awarded to the same customer.

The event runs through Nov. 30 and is open only to customers opening their first account on MOUM. Those who opened an account before Sept. 1 are not eligible.

MOUM is a new platform that combines the stock-trading functions of a conventional mobile trading system (MTS) with investment information, a global community and AI services. Its in-house stock community is linked to Stocktwits, a US social investment platform, and Webull, an international financial technology company.