What is Samsung Electronics Co. Ltd?
Samsung Electronics (SMSN) is a South Korean technology company engaged in the manufacturing and sale of electronic goods, communication products, semiconductors, telecommunication equipment, home appliances and an ever-increasing line of technology-based products. The company operates through four main business segments: digital media, semiconductors, telecommunications and digital appliances.
The company is headquartered in Suwon, South Korea. Originally founded in 1969 as the industrial arm of the Samsung Group, which prior to this was known as a fertiliser and seaweed trading company, Samsung Electronics quickly grew in the industrial manufacturing industry through strategic cooperation with Sanyo, a large Japanese electronics company. The founder, Lee Byung-Chul initially faced a large backlash as tensions between the two countries were high and the public worried it would lead to further Japanese control of the Korean economy. Samsung was only able to begin capitalising on this strategic partnership following an announcement from the Korean government that the company would focus on exports and remain Korean. After that, a joint venture was formed between Samsung, Sanyo and Sumitomo Corporation that would become the direct predecessor to the current Samsung Electronics.
Past performance of SMSN stock price
Samsung stock trading occurs on the Korean Stock Exchange (KRX) which only permits trading by Korean nationals or foreigners holding an investor registration certificate issued by the Korean government. Most foreign traders interested in purchasing Samsung stock do so through global depository receipts issued through either the London or Luxembourg exchanges.
There has been one stock split in the history of the company, in May 2018 at a 20:1 ratio, and there are currently almost 6 billion shares outstanding. The Samsung share price reached an all-time high of $1,339.00 on January 20, 2020 before dropping drastically to $851 on March 23, as consumer spending and markets crashed in the wake of enforced global lockdowns. The stock has rebounded, and the price today can be viewed on the price chart. While the majority of industries suffered losses as the scale of the disruption the pandemic would inflict became apparent, it is worth noting that as of mid-2020 Samsung is up over 176 per cent over a five-year period. The Samsung share price has outperformed many leading indices such as the FTSE 350. Traders may also be attracted to invest in Samsung stock due to its attractive dividend-per-share growth.
How to invest in Samsung stock?
Samsung is also a constituent of many foreign indices, which focus on either Asian or electronics markets, the most notable of which is the S&P Global 100. Traditionally, those looking to invest in Samsung stock would purchase shares or an index which includes SMSN. Traders are also able to purchase derivatives based on SMSN stock, such as CFDs (contracts for difference) or options.
Traders using the Dzengi.com tokenised trading platform are able to profit from upward or downward movements in the Samsung share price without having to invest directly. Tokens are crypto derivatives whose value is linked to the value of a particular asset, in this case the SMSN price today. The token is registered using distributed ledger technology (DLT) the same way cryptocurrency is recorded. This technology allows for trading using crypto without the need of converting back and forth with fiat currency, saving on exchange fees. The utilisation of this technology allows for tokenised assets trading to be efficient, inexpensive, and secure.
When trading tokenised stocks you can take a long or short position depending on whether you feel the price today is over or under-valued based on the price chart. If you think the price will decrease you can short the tokenised stock and if you think it will increase you can take a long position. Trading in tokenised assets on Dzengi.com also allows for traders to benefit from the leverage offered on the platform, up to 1:100.
Tokenised Samsung stock trading guide
Trading tokenised Samsung shares is no more difficult than regular stock. To begin trading tokenised assets, you will follow need to follow some simple steps:
- Register for an account with Dzengi.com.
- Deposit funds (with crypto or fiat) in the account.
- Determine the position size desired, accounting for leverage offered by Dzengi.com.
- Determine your trading position (long or short) based on expected share price movement and purchase tokenised Samsung shares derivatives. Dzengi.com matches the long orders from its clients with the sell orders and then hedges the unmatched orders through Capital.com, LMAX Digital or exchanges such as Binance, Bitstamp, Kraken, NASDAQ, NYSE and Gain Capital.
- Close your position when applicable. You can set a take-profit or stop-loss indicator to ensure you are not required to constantly monitor the price. Funds will deposit back to your account after closing and you can withdraw or take a new position.
Why trade tokenised Samsung shares with Dzengi.com
Samsung stock trading at Dzengi.com tokenised assets exchange has a number of advantages. Tokens are underpinned by robust and immutable blockchain technology. Opening a trade will give you a token that tracks and moves according to the underlying instrument's price.
- One-stop crypto trading platform
Trade tokenised Samsung shares with Bitcoin or Ethereum. Benefit from the stock's price movements without turning your crypto assets into fiat.
- Tight spreads
Trade tokenised shares with a tight market spread, benefit from maker rebates and competitive taker fees.
- Leverage
Experienced traders can trade the world's top stocks, like SMSN, with up to 1:100 leverage.
- Effective risk management
Manage your risks and secure your profits with stop-loss and take-profit orders. Save your assets with negative balance protection.
- Instant order execution
We have a scalable and low latency order management system, which can execute 50 million trades per second.
- Safe regulation
Dzengi.com operates under new Belarusian regulation with best-in-class AML and KYC laws. Regulatory details and fees are upfront.
