Overview of Oriental Securities Corporation
Oriental Securities Corporation, operating in Taiwan for 5 to 10 years, is a regulated financial institution overseen by TPEx (Taipei Exchange). Offering a variety of financial products like Securities Property, Futures Property, Bonds, and more, the company ensures regulatory compliance and transparency in its services.
For customer support, Oriental Securities Corporation provides a toll-free Customer Service Hotline, a Voice Ordering Hotline for easy order placement and email contact. This client-centric approach reflects the company's commitment to delivering a secure and user-friendly financial experience.
Regulatory Status
Oriental Securities Corporation operates as an unregulated trading platform, meaning it does not fall under the oversight of any financial regulatory authority. Traders and investors should be aware that the absence of regulatory supervision may entail additional risk.
In unregulated environments, clients may have limited recourse and protection in the event of disputes or unforeseen issues.
Pros and Cons
Pros:
Multiple Financial Services: Oriental Securities Corporation offers a broad spectrum of financial services, including securities, futures, bonds, underwriting, brokerage, stock agency, new financial products, and international securities. This diversity allows clients to access various investment opportunities within a single platform.
Robust Risk Management Framework: The company demonstrates a commitment to risk management, encompassing market risk, credit risk, liquidity risk, operational risks, legal risks, and climate risks. A well-established risk management framework contributes to the overall stability and security of its financial services.
Established Regulatory Compliance: Oriental Securities Corporation operates under the regulatory oversight of TPEx (Taipei Exchange), ensuring that its operations adhere to regulatory standards. This commitment to compliance enhances trust and confidence among clients.
Comprehensive Customer Support: The company provides a range of customer support channels, including a toll-free Customer Service Hotline, a Voice Ordering Hotline, and email support. This robust customer support system aims to address client inquiries promptly and effectively.
Innovative Approach to New Products: Oriental Securities Corporation demonstrates an innovative approach by offering new financial products. This adaptability reflects a commitment to staying relevant in the ever-evolving financial markets and meeting the changing needs of clients.
Cons:
Limited Global Presence: Oriental Securities Corporation may have a limited global presence, potentially restricting access for clients in certain regions. This limitation could impact its competitiveness in the global financial landscape.
Limited Availability of Research: Clients may experience limitations in terms of research resources provided by the company. A more extensive research offering could enhance the decision-making capabilities of traders and investors.
Limited Educational Resources: The availability of educational resources, such as tutorials, webinars, or training materials, might be limited. Enhanced educational support could empower clients, especially those new to financial markets.
Potential Language Barriers: Clients might face potential language barriers, especially if the primary language of communication is not widely spoken or supported. Addressing language diversity could improve accessibility for a broader clientele.
Limited Accessibility in Some Regions: Accessibility to Oriental Securities Corporation's services may be limited in certain regions, potentially excluding potential clients from those areas. Expanding accessibility could contribute to broader market reach and growth opportunities.
Business
Oriental Securities Corporation engages in a range of financial services, encompassing Securities Property, Futures Property, Bond, Underwriting, Brokerage, Stock Agency, New Financial Products, and International Securities.
In the realm of Securities Property and Futures Property, the company provides investment opportunities in equities and futures, allowing clients to participate in various financial markets. Their involvement in Bonds includes facilitating trading and investment in fixed-income securities.
As an underwriter, Oriental Securities Corporation assists in bringing new securities to the market, playing a crucial role in the primary issuance process.
Brokerage services enable clients to execute trades in different financial instruments, ensuring access to various markets.
Additionally, the Stock Agency function involves representing clients in stock-related matters.
The introduction of New Financial Products showcases the company's commitment to innovation in meeting evolving market demands.
Lastly, the inclusion of International Securities emphasizes the global perspective, allowing clients to diversify their portfolios with investments beyond domestic markets.
Risk Management Scope
Oriental Securities Corporation adopts a comprehensive risk management framework to safeguard the integrity and stability of its financial services. This encompasses various dimensions, starting with market risk, where the company actively monitors and manages exposure to fluctuations in interest rates, currency values, and asset prices.
Credit risk management is focused on evaluating and mitigating potential financial losses stemming from client or counterparty defaults, utilizing credit evaluation processes, credit limits, and collateral requirements.
Liquidity risk management ensures the company maintains ample liquidity to meet its financial obligations, employing strategies such as cash reserves, diversified funding sources, and meticulous monitoring of liquidity ratios.
Operational risk management addresses internal processes, systems, and human factors that could impact operations, with measures like robust internal controls, technology infrastructure investments, and regular risk assessments.
Legal risk management involves anticipating and addressing potential legal and regulatory compliance challenges through staying informed, legal counsel, and internal policies.
Finally, climate risk management acknowledges the impact of environmental factors on financial markets and investments, potentially integrating environmental, social, and governance (ESG) factors into risk assessments and investment strategies.
How to Open an Account？
Opening an account with Oriental Securities Corporation is a straightforward process that can be completed online in a matter of minutes. Here's a breakdown of the steps involved:
Visit the Oriental Securities Corporation website and click “Open Account.”
Fill out the online application form: The form will request your personal information Be sure to have your identification documents (passport or ID card) and proof of address handy for uploading.
Fund your account: Oriental Securities Corporation offers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit.
Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address.
Start trading: Once your account is verified, you're ready to explore the Oriental Securities Corporation trading platform and start making trades.
Customer Support
For smooth customer support, Oriental Securities Corporation offers a dedicated unit reachable through various contact channels.
Traders and clients can access the Electronic Ordering Customer Service Center at 0800-088-567 for prompt assistance with electronic trading inquiries. Additionally, the Futures Department is available at (02) 7753-1886, the Bond Department at (02) 7753-1790, and the Underwriting Department at (02) 7753-1758. Clients seeking support related to stock agency matters can contact (02) 7753-1699. The Personal Information Service Hotline is accessible at (02) 7753-1894, addressing queries regarding personal account information. For Anti-Fraud Consultation, clients can reach the Yadong Securities Anti-Fraud Consultation Hotline at (02) 7753-1894. Moreover, in case of emergencies during after-hours futures trading, a dedicated hotline is available at (02) 7725-8679. Oriental Securities Corporation's comprehensive customer support ensures that clients have direct and efficient access to assistance across various departments and services.
Clients can also connect with the Customer Service Hotline at 0800-088-567, a toll-free number designed for inquiries and assistance, ensuring a responsive experience. The Voice Ordering Hotline at 02-405-02188 allows clients to place orders conveniently through verbal communication, adding flexibility to the trading process.
For further assistance and correspondence, clients can reach out to service@osc.com.tw, ensuring a direct and efficient channel for addressing queries or concerns via email.
Conclusion
Oriental Securities Corporation offers solid financial services with strong risk management and regulatory compliance. The company's customer support is robust.
However, there are areas for improvement, such as expanding global reach, providing more research resources, and addressing language barriers. Enhancements in these areas could make the company more accessible and competitive in the financial market.
Overall, while solid, addressing these improvements could further elevate Oriental Securities Corporation's standing.
FAQs
Q: What financial services does Oriental Securities Corporation offer？
A: Oriental Securities Corporation provides a range of financial services, including securities, futures, bonds, underwriting, brokerage, stock agency, new financial products, and international securities.
Q: What customer support channels are available？
A: Clients can reach Oriental Securities Corporation through various channels, including a toll-free Customer Service Hotline (0800-088-567), a Voice Ordering Hotline (02-405-02188), and email support at service@osc.com.tw.
Q: Does Oriental Securities Corporation provide educational resources？
A: While educational resources might be limited, the company aims to enhance client knowledge through a range of financial services.
Q: Can clients access Oriental Securities Corporation globally？
A: Oriental Securities Corporation's global presence may be limited, potentially affecting accessibility in certain regions. The company is continually working to expand its reach.
