• Title/Summary/Keyword: Kiwoom Securities

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Development of a Stock Auto-Trading System using Condition-Search

  • Gyu-Sang Cho
    • International Journal of Internet, Broadcasting and Communication
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    • v.15 no.3
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    • pp.203-210
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    • 2023
  • In this paper, we develope a stock trading system that automatically buy and sell stocks in Kiwoom Securities' HTS system. The system is made by using Kiwoom Open API+ with the Python programming language. A trading strategy is based on an enhanced system query method called a Condition-Search. The Condition-Search script is edited in Kiwoom Hero 4 HTS and the script is stored in the Kiwoom server. The Condition-Search script has the advantage of being easy to change the trading strategy because it can be modified and changed as needed. In the HTS system, up to ten Condition-Search scripts are supported, so it is possible to apply various trading methods. But there are some restrictions on transactions and Condition-Search in Kiwoom Open API+. To avoid one problem that has transaction number and frequency are restricted, a method of adjusting the time interval between transactions is applied and the other problem that do not support a threading technique is solved by an IPC(Inter-Process Communication) with multiple login IDs.

The Effect of Analysts' Earnings Forecasts Following Dividend Announcements on Stock Returns (배당공시이후 애널리스트 이익추정치 발표가 주가에 미치는영향)

  • Hong, Chun-Uk;Lee, Seong-Hyo;Kim, Kyung-Ihl
    • Journal of Convergence for Information Technology
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    • v.7 no.3
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    • pp.105-109
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    • 2017
  • This paper examines the effect of the analysts' earnings forecast revisions on stock price after the dividend announcement of the firms has been released. We show that the analysts' upward revisions on earnings forecasts are followed by the positive cumulative abnormal return. We also investigate the signalling effect and the confirmation effect with respect to the effect of the dividend announcement and the earnings forecast revisions on stock price. The test results show that the confirmation effect is stronger than the signalling effect. That is, the investors react only when the analysts' forecasts coincide with the preceding dividend announcement.