IG Securities Adds Two New Stocks to Knock-Out Options: SpaceX (SPCX) and Kioxia Holdings (285A)

IG Securities Co., Ltd. (Head Office: Minato-ku, Tokyo, President: Choe Kyo, hereinafter "IG Securities") is pleased to announce that, following the recent launch of stock CFDs, we have commenced offering Knock-Out Options for SpaceX (SPCX) and Kioxia Holdings (285A).

*Click here for information on stock CFD trading for SpaceX: https://prtimes.jp/main/html/rd/p/000000011.000087214.html

Two New Stocks Added to Knock-Out Options - SpaceX (SPCX) and Kioxia Holdings (285A)

Newly Offered Stocks

Stock Name

Code

Exchange

Space Exploration Technologies Corp.

SPCX

NASDAQ

Kioxia Holdings Corporation

285A

Tokyo Stock Exchange (Prime Market)

What is a Knock-Out Option?

A Knock-Out Option is a risk-limited financial product that IG Securities has introduced to Japan for the first time*. It allows trading in a diverse range of asset classes, including US stocks, Japanese stocks, FX, global stock indices, gold, and crude oil. Its most distinctive feature is the ability to control the increase or decrease of the option premium (equivalent to the margin for FX and CFD trading) based on your acceptable risk tolerance level. The closer the "knock-out price," which acts as a stop-loss line, is set to the underlying asset price, the lower the option premium becomes. Conversely, the farther the knock-out price is set from the underlying asset price, the higher the option premium. If the underlying asset price moves against your prediction and reaches the knock-out price, the position is automatically settled, and the loss is realized. This process prevents slippage, as the position is settled at the set knock-out price, thereby mitigating the risk of losses expanding due to trader psychology like thinking "it will go up again."

*As a domestic securities company offering over-the-counter Knock-Out Options to general individual customers.

Three Features of Stock Knock-Out Options

- Clearly Defined Maximum Loss

The option premium equals the maximum loss*1, allowing you to trade with a predetermined maximum loss amount. If the underlying asset price moves against your prediction and reaches the knock-out price, the position is automatically settled, and the loss is realized. Even in cases of limit down/up, sharp market fluctuations, or gaps, the position is settled at the set knock-out price, preventing further loss expansion. By setting the knock-out price, you can trade according to your risk tolerance.

- Commission-Free

Stock Knock-Out Options are commission-free. However, spreads apply to trades.

- Tradeable in Falling Markets

By purchasing a bear option, you can aim to profit even in a falling market.

Click here for details on Stock Knock-Out Options: https://www.ig.com/jp/knock-outs/equity_ko

*1 In the case of US stocks, losses exceeding the option premium may occur due to fluctuations in the exchange rate. Additionally, for both Japanese and US stocks, funding costs will be incurred if positions are carried over to the next business day. For details on trading costs, trading hours, and other stock information, please refer to the individual stock KO section on the Knock-Out Option Stock Details page: https://www.ig.com/jp/help-and-support/cfds/fees-and-charges/what-are-igs-knock-outs-cfd-product-details

While we strive for accuracy in the information published in this release, we do not guarantee its content. For details on individual stocks, please check the respective company websites.

About IG Securities

IG Securities Co., Ltd. is an online securities company offering FX, CFDs, Knock-Out Options, and more. As the Japanese base of the IG Group, which has over 50 years of history and is headquartered in London, we provide a one-stop service for diverse asset classes.

Company Profile

Company Name: IG Securities Co., Ltd. (English Name: IG Securities Limited)

Representative Director: Choe Kyo

Location: 26F, Izumi Garden Tower, 1-6-1 Roppongi, Minato-ku, Tokyo

HP: https://www.ig.com/jp/

Financial Instruments Business Kanto Local Finance Bureau (Kinsho) No. 255 Commodity Futures Business

Memberships: Japan Securities Dealers Association, The Financial Instruments and Exchange Regulatory Association, Member No. 1168, The Japan Commodity Futures Association

Risk Disclosure and Precautions

● Foreign exchange margin (FX) and CFD trading are leveraged transactions and do not guarantee principal or profits. ● Stop orders and loss-cut functions do not guarantee loss limitation, and losses exceeding the margin may occur due to rapid market changes in foreign exchange, stocks, stock indices, commodities, bonds, etc. ● Margin required for trading (Individual) FX: 4% or more of contract value, Commodity CFDs: 5% or more, Stock CFDs: 20% or more, Stock Index CFDs: 10% or more, Bond CFDs: 2% or more, Other CFDs: 20% or more (Corporate) Varies by issue. (Both Corporate and Individual) Various options (excluding selling of vanilla options): Maximum loss amount for that transaction. Selling of vanilla options: Subject to leveraged transactions. ● Unexecuted orders also require margin. ● There is a difference between bid and ask prices, which may widen. ● Some CFD transactions and option transactions have expiration dates. ● Trading costs and fees for FX and CFD trading are as follows: Trading fees for stock CFDs and listed investment product CFDs, withdrawal fees, fees for live data and charts, swap points, funding costs, add-ons, dividend equivalents, stock borrowing costs, no-slippage order guarantee fees, knock-out premiums. Exchange costs between profit/loss currency and account currency. ● Please read the pre-contract disclosure document carefully, understand the mechanisms and risks thoroughly, and trade at your own discretion. ● Our customer service: 0120-257-734, Japan Commodity Futures Association Consultation Center: 03-3664-6243