Next Securities signs chart partnership with TradingView for mobile trading app
In short
Next Securities (넥스트증권) said on 22 October that it has signed a partnership with the global chart platform TradingView. It plans to bring TradingView's chart library into the mobile trading system (MTS) it is developing, including the Advanced Charts library with more than 100 technical indicators and 12 bar types.
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Next Securities (넥스트증권) said on 22 October that it has signed a partnership with TradingView, a global chart platform, to provide charts. Yonhap, Seoul Economic Daily and Newsis all reported the announcement. [ 1 , 2 , 3 ]
Under the partnership, Next Securities plans to introduce TradingView's chart library into the mobile trading system (MTS) it is currently developing. Seoul Economic Daily said the aim is to strengthen the chart analysis functions of the new MTS and let investors use a range of technical analysis tools. Newsis said the two companies plan to build the system on this cooperation so that investors can analyse market trends with such tools. [ 1 , 2 , 3 ]
The library Next Securities is pursuing is TradingView's Advanced Charts. According to the reports, it supports more than 100 technical analysis indicators and 12 bar type settings. Seoul Economic Daily and Newsis added that it also supports chart drawing functions. They said investors can apply indicators such as moving averages, mark trend lines and support lines on charts, and change the chart type according to their purpose. [ 1 , 2 , 3 ]
The reports describe TradingView as a global financial market analysis platform that provides quotes and chart analysis tools for assets including stocks, foreign exchange, crypto assets and commodities. Seoul Economic Daily said users can follow prices of Bitcoin, the S&P 500 index and the won-dollar exchange rate, and that the platform also offers stock search and an economic calendar. Newsis mentioned a stock screener and an economic calendar. [ 1 , 2 , 3 ]
A Next Securities representative said the cooperation is meant to create an environment in which investors can use stock charts more variously and understand market trends through technical analysis. In the Seoul Economic Daily and Newsis reports, the representative added that the company wants to help investors analyse the market themselves and obtain information for investment decisions using TradingView's chart technology. The documents give no launch date for the new MTS and no financial terms. [ 1 , 2 , 3 ]
Why it matters
The documents present this as a company announcement about adding charting tools to a mobile trading system still in development. They give no figures on users, timing or financial terms, so its wider significance is not stated.
Key facts
- Next Securities said on 22 October that it signed a partnership with TradingView to provide charts. [ 1 , 2 , 3 ]
- TradingView's chart library will be introduced into the mobile trading system (MTS) that Next Securities is currently developing. [ 1 , 2 , 3 ]
- The library in question is Advanced Charts, which supports more than 100 technical analysis indicators and 12 bar types. [ 1 , 2 , 3 ]
- TradingView provides quotes and chart analysis tools for assets including stocks, foreign exchange, crypto assets and commodities. [ 1 , 2 , 3 ]
- Investors would be able to use indicators such as moving averages and mark trend lines and support lines on charts. [ 2 , 3 ]
Confirmed by several sources
- Next Securities announced a partnership with TradingView on 22 October to bring TradingView's chart library into its MTS under development. [ 1 , 2 , 3 ]
- Advanced Charts supports more than 100 technical analysis indicators and 12 bar type settings. [ 1 , 2 , 3 ]
- A Next Securities representative said the cooperation aims to create an environment where investors can use stock charts more variously and understand market trends through technical analysis. [ 1 , 2 , 3 ]
Still unclear
- When the new mobile trading system will launch. The documents say only that it is currently under development and give no launch date.
- Financial terms of the partnership. None of the documents mention terms or costs.