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Webull Gears Up with Global Collaborators to Enhance Services for Thai Investors

BANGKOK, Nov. 1, 2024 /PRNewswire/ -- Webull, a leading global digital investment platform, is gearing up to enhance its offerings for investors in Thailand through strategic collaborations with renowned global companies. This initiative follows Webull's recent expansion, which saw it become the first U.S.-based retail broker to enter the Thai market. ▲ Nasdaq congratulated Webull on its entry into Thailand on the outdoor screen of the Nasdaq Exchange Building in Times Square, New York, USA Since its launch, Webull Thailand has received positive feedback from users regarding the platform's functionality and ease of use, reflecting the company's commitment to empowering local investors. The platform features innovative trading solutions and comprehensive market data, made easily accessible through collaborations with renowned financial service and technology providers such as Nasdaq, Cboe Global Markets (Cboe), Amazon Web Services (AWS), the New York Stock Exchange (NYSE) and the London Stock Exchange Group (LSEG). Chonladet Khemarattana, CEO of Webull Thailand, said: "Webull's entry into Thailand marks a significant milestone in our expansion across Asia. We are truly grateful to our global partners and collaborators for their unwavering support. We are confident that our advanced trading tools, comprehensive market data, and educational resources will empower Thai investors to achieve their financial goals and will enhance their investment experience." Global partners and collaborators applaud and support Webull in delivering enhanced services Webull's strategy focuses on enhancing the user experience through valuable partnerships and collaborations that enrich the resources available to investors both globally and within Thailand. Among Webull's global partners, Nasdaq has been a key collaborator since 2020. Today, Webull Thailand is the first online broker in Thailand to offer Nasdaq TotalView® (Level 2 data), an advanced market data feed. As part of its launch promotions, Webull will provide new users with 120 days of free access to Nasdaq TotalView® and free long-term access to Nasdaq Level 1 data. Brandon Tepper, Senior Vice President and Global Head of Data for Nasdaq, noted: "We have proudly partnered with Webull for four years to provide gold source data to offer retail broker dealers and investors more transparency, and are pleased to be part of their expansion into Thailand. With access to Nasdaq TotalView® and our Level 1 data, Thai investors will now have comprehensive data access and insights to inform their investment decisions. We look forward to our continued partnership with Webull and believe in their potential to thrive in this dynamic market." Webull is also the first broker in Thailand to offer index options. Webull's customers in Thailand can now access Cboe's exclusive S&P 500 (SPX®) and Mini-SPX (XSP®) index options, allowing them to gain greater exposure to the U.S. equity market through Webull's platform. Cathy Clay, Global Head of Derivatives at Cboe Global Markets, stated: "We are pleased by Webull's expansion into Thailand. By introducing index options on its platform – including our proprietary SPX® and XSP® index options – Webull Thailand's customers may use these products to help execute their risk management, hedging, asset allocation, and income generation strategies.  With Webull Thailand offering index options to its user base, we are excited that even more investors will be able to use our products." Webull leverages AWS's advanced cloud and AI services globally to provide a fast, reliable, and efficient trading environment that significantly enhances the overall user experience. Powered by AWS, Webull has ensured stable and secure network access, while safeguarding data integrity. In addition, AWS's elastic and scalable computing capabilities enable Webull to efficiently manage high trading volumes during market surges. Webull also collaborates with various other partners to enhance its offerings for investors. Since 2022, it has partnered with NYSE to provide short interest data, while collaborations with Dow Jones, LSEG, and Benzinga focus on delivering comprehensive stock news services. Additionally, since March 2021, Webull has worked with Trading Central to offer technical indicators and analysis. Strong presence in Thailand with multiple industry firsts In 2024, Webull became the first U.S.-based brokerage licensed to operate in Thailand, offering substantial advantages for Thai investors trading U.S. stocks. Establishing itself as a pioneering online broker in the region, Webull introduced several industry firsts as part of its expansion into the Thai market. As the first online broker to provide 24-hour trading of U.S. stocks, Webull offers investors the chance to trade over 15,000 leading U.S. companies, as well as ETFs, options contracts, and many other new products in real time and 24/7. Webull allows investors to engage with the market at any time, accommodating different schedules and enhancing trading flexibility. Webull is the first online broker in Thailand offering Nasdaq TotalView® advanced quotes for US stocks. Nasdaq TotalView® — the standard Nasdaq data feed for serious traders — displays the full order book depth on Nasdaq, including every quote and order at every price level in Nasdaq, NYSE, NYSE American and regional-listed securities trading on Nasdaq. Nasdaq TotalView® also disseminates the Net Order Imbalance Indicator (NOII) for the Nasdaq Opening and Closing Crosses and Nasdaq IPO/Halt Cross. This comprehensive market data will enable Thai investors to gain deeper insights into stock availability and demand, allowing for more informed trading decisions. Webull is also the first online broker to introduce index options trading in Thailand. This feature allows investors to diversify their portfolios and hedge against market volatility, further enhancing their investment strategies. With superior trading tools and various order types at their disposal, Thai investors using Webull can access professional-grade resources tailored to meet their individual needs. Additionally, Webull stands out in terms of cost-effectiveness, offering zero commission for U.S. stock trading, making it one of the lowest-fee options available in the market. This enables Thai investors to access global markets without incurring high costs, while empowering them to build and manage their investment portfolios with confidence. To learn more about Webull, please visit the website: https://www.webull.co.th/en/ About Webull  Webull is a leading digital investment platform built on next generation global infrastructure. The Webull Group operates in 15 leading countries worldwide and is backed by private equity investors located in the United States, Europe and Asia. Webull serves 20 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, and fractional shares, through Webull's trading platform. Learn more at https://www.webull.co.th/ MEDIA CONTACTSWebull Securities (Thailand) Co., Ltd.Email: marketing@webull.co.thTelephone number: +66 (0) 2026 5222

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 58 加入收藏 :
OSL and ChinaAMC Launch Tokenised Fund Initiative for Retail Investors in Project Ensemble

The tokenised fund, subject to regulatory approval, will be the first-of-its-kind available to retail investors in Hong Kong HONG KONG, Oct. 28, 2024 /PRNewswire/ -- OSL Digital Securities, a leading regulated digital asset platform and a member of OSL Group (863.HK), in collaboration with China Asset Management (Hong Kong) ("ChinaAMC"), a leading asset management company in Hong Kong, today announced the launch of an initiative under Project Ensemble that aims to introduce a tokenised money market fund for investors in Hong Kong. Pending regulatory approval, this tokenised fund will be the first-of-its-kind available to retail investors in Hong Kong. This innovative initiative marks a significant step toward wider adoption of tokenised financial products and enhanced accessibility of virtual assets, particularly among the general public. Gary Tiu, Head of Regulatory Affairs at OSL, said, "Our involvement in this significant initiative, alongside ChinaAMC, underscores OSL's commitment to driving innovation and adoption of virtual assets. We believe retail participation is crucial to the development of virtual assets and we are keen to be a key driver in promoting the development of the tokenisation market in Hong Kong and beyond." Thomas Zhu, Head of Digital Assets and Family Office Business, at China AMC (HK), added: "We are excited to lead the way in exploring tokenised fund products. As a key participant in the Ensemble Sandbox, we are committed to leveraging our deep expertise in virtual asset management and our innovative capabilities to drive the growth of Hong Kong's tokenisation market. This initiative represents not just an opportunity for us and our partners, but a significant milestone in making digital investment solutions accessible to a wider audience." OSL boasts a solid track record in real-world asset (RWA) tokenisation projects and the virtual asset space. By leveraging its partnership with ChinaAMC, this initiative is uniquely positioned to pioneer the issuance of tokenised funds for retail investors, setting a new standard for accessibility to innovative financial products and driving further innovation in the financial sector. About OSL Backed by Asia's leading public fintech and digital asset company, OSL Group (863.HK), formerly BC Technology Group, OSL is the world's first SFC-licensed and insured digital asset platform. Founded in 2018, OSL has an established history in the sector and is recognised by many as the leader in providing comprehensive regulated and licensed digital asset solutions. OSL offers Markets services (brokerage, exchange, and custody) and SaaS technology solutions, which deliver institutional clients in addition to professional and retail investors access to global liquidity through its best-in-class digital asset platform. OSL's secured and insured hot and cold wallet infrastructure also ensures the safekeeping of digital assets with timely transaction settlements. As the digital asset industry continues to evolve, so does OSL. OSL's simple and tailored approach compliantly navigates international clients through the evolving digital assets environment. For more information, visit: group.osl.com About ChinaAMC (HK) website: www.chinaamc.com.hk Established in 2008, China Asset Management (Hong Kong) Limited ("ChinaAMC (HK)") is a leading Chinese asset manager in Hong Kong. The company is a wholly owned subsidiary of China Asset Management Co. Limited, which is among the first batch of Chinese asset managers to venture overseas. It stands as one of the largest and trusted asset managers in Mainland China with over USD 300 billion in assets under management as of June 30, 2024. ChinaAMC (HK) has amassed an impressive performance history in both active and passive investments over the past 16 years. Boasting robust expertise in a variety of asset classes, such as Greater China equities, Asian and global fixed income, global ETF series, leverage and inverse products, virtual assets, as well as mandates and investment advisory services. ChinaAMC (HK) adopts a global outlook to build a versatile platform catering to institutional and retail investors in the region and worldwide. Committed to innovation and growth in the financial sector, ChinaAMC (HK) is actively expanding into the Web 3.0 space, exploring new investment opportunities in blockchain and decentralized finance technologies. All efforts align with their vision of being "Beyond China Expert".

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 80 加入收藏 :
A raft of incremental policies lit up the confidence of foreign investors

BEIJING, Oct. 25, 2024 /PRNewswire/ -- A news report from China.org.cn on a raft of incremental policies proposed by China recently:  A raft of incremental policies lit up the confidence of foreign investors Recently, China rolled out a raft of incremental policies, which caused great turbulence in the stock market. When trading began on Oct. 21st, the three major indices (Shanghai Composite Index, Shenzhen Component Index, ChiNext Index) for China's A-share market all opened high, followed by a brief decline and seesawed growth; The BSE 50 set a record high after days of consecutive growth. A soaring stock market implies that foreign investment is flowing back; multinational financial services companies like J.P. Morgan and Goldman Sachs also harbor positive anticipation for Chinese assets. What has brought confidence to these foreign invested companies? First, for companies, especially the foreign-invested ones, a fair and transparent business environment is pivotal. In the raft of incremental policies mentioned at the beginning, a primary policy in business support is regulating enterprise-related law enforcement and monitoring, and putting an end to problems such as over-taxing and irregulated fining, to increase the confidence in the market and reassure enterprises in their expectations. Head of Endress+Hauser, a leading measurement and automation technology supplier from Switzerland, said that in recent years, it was not only them who reached out to the local government in China for support, the local government also came to them from time to time to see if they encountered difficulties in running business in China. Now, Endress+Hauser plans to continue investing 2 billion RMB in China in the following three to five years, and its two new factories are under expansion. Secondly, China has provided foreign investors with a more open Chinese market. As China opens up its medical and health sector further, Eli Lilly and Company from the U.S. have announced its decision to invest an additional 1.5 billion RMB in China. It is also planning to introduce its innovation incubator in China, so that clinical studies and medical R&D can be catalyzed. What's more, Tesla has built the very first Gigafactory outside the U.S. in Shanghai, with its Megafactory under construction also in Shanghai; the total assets of foreign-funded banks in China hit 3.86 trillion RMB… they can testify to how China has been opening its market. But the country hasn't stopped its efforts in deepening opening-up. In the raft of incremental policies, the Chinese authorities proposed to expand the Catalogue of Industries for Encouraging Foreign Investment, launching a new batch of major foreign-invested projects, implementing more relaxed visa-free transit policy, etc. These will no doubt bring more convenience and opportunities to foreign investors. Thirdly, China has demonstrated strong resilience and stable economic performance with positive momentum. Based on recent statistics, the country's total import and export volume in the first three quarters reached 32.33 trillion yuan, with each quarter all exceeding 10 trillion with a constantly rising trajectory. Usually, western holidays like the Halloween and the Thanksgiving will fuel exports, which can bring Q4 projections to over 11 trillion and the 2024 total to about 45 trillion RMB hopefully. As for the stock market, given that the U.S. Fed has cut its policy rate, one can say China is now the safest, and most stable market with the highest ROI. This raft of incremental policies is comprehensive and is designed for the long-term good, rather than limited to a certain field or a certain year. For foreign investors in China, the policies signify China's determination to realize economic transformation as well as its potential for growth. So, where does the confidence of foreign business-runners come from? It comes from China's practical and effective policy toolkit, the resilient, stable economic performance with a promising outlook, as well as the huge and energetic market. China Mosaic http://www.china.org.cn/video/node_7230027.htm  A raft of incremental policies lit up the confidence of foreign investorshttp://www.china.org.cn/video/2024-10/25/content_117508399.htm   

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 233 加入收藏 :
Bybit's WSOT Copy Trading Fest Offers 100,000 USDT Prize Pool for Crypto Investors

DUBAI, UAE, Oct. 24, 2024 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, announces the WSOT Copy Trading Fest, inviting crypto traders and investors to compete for their share of an exciting 100,000 USDT prize pool. Running until October 31, 2024, the event offers participants the opportunity to showcase their expertise or leverage the strategies of top traders. The World Series of Trading (WSOT) 2024 marks the fifth edition of Bybit's premier crypto trading event, renowned for bringing global traders together. This year's WSOT features a total prize pool of up to 10,000,000 USDT, with the Copy Trading Fest adding a unique competitive element for both seasoned and beginner traders. Tailored for All Traders Experienced Traders: Compete as Master Trader by executing winning strategies and aiming for the 100,000 USDT prize pool. The top 50 Master Traders with the highest PnL will split the 50,000 USDT pool. New and Aspiring Investors: Join as Follower, copying the strategies of Master Traders to maximize returns without needing advanced technical skills. The top 100 Followers by PnL will split an additional 50,000 USDT pool. How to Join and Compete Choose Your Role: Decide whether you'll lead as a Master Trader or copy trades as a Follower. Meet the Eligibility Criteria: Ensure a minimum $50,000 trading volume during the event to qualify for rewards. Accumulate PnL: Both realized and unrealized profits count towards your leaderboard ranking. Fast Rewards: All prizes will be credited to the Bybit Rewards Hub within 10 days after the event ends. Seize the Opportunity Today! Whether you're aiming to showcase your expertise or earn passively by following seasoned traders, the WSOT Copy Trading Fest offers a competitive, transparent, and rewarding experience. With the trading community buzzing, now is the time to jump in and claim your share of the 100,000 USDT prize pool. Bybit's WSOT Copy Trading Fest Offers 100,000 USDT Prize Pool for Crypto Investors #Bybit / #TheCryptoArk / #WSOT2024 About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions: the Oracle Red Bull Racing team. For more details about Bybit, please visit Bybit PressFor media inquiries, please contact: media@bybit.comFor more information, please visit: https://www.bybit.comFor updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 222 加入收藏 :
Sahm Capital Introduces Index Option Trading to Empower Saudi Investors

RIYADH, SAUDI ARABIA - Media OutReach Newswire - 16 October 2024 - Sahm Capital proudly announces the launch of index option trading, a pivotal addition to its suite of services catering to the discerning Saudi investors. This highly anticipated feature enables clients to mitigate risks associated with market fluctuations, focusing initially on the renowned S&P 500 and Mini Standard & Poor's 500 indexes. Hadeel Bedeeri, the General Manager of Sahm Capital, emphasized the firm's commitment customer-centric solutions, stating, "At Sahm Capital, we are dedicated to meeting the dynamic needs of our clients. The introduction of index option trading is a direct response to their demands, elevating the Sahm App user experience and facilitating more effective portfolio management." To commemorate this milestone, Sahm Capital is extending a special limited-time offer of a $100 commission-free trading quota for clients. Additionally, new users registering on the Sahm App will benefit from a lifetime 70% discount on commission fees for Saudi market transactions, capped at 3 SAR per trade. For complete details, please visit: https://www.sahmcapital.com/activitiesr/quick/us-index-options?lang=en-US&activityId=825 Sahm Capital, recognized as the first fintech-driven financial company fully licensed by the Capital Market Authority (CMA), remains at the forefront of innovation through its proprietary Sahm App. This unwavering commitment to technology and client satisfaction has propelled Sahm Capital to become the fastest-growing financial company in Saudi Exchange members. Furthermore, as the exclusive sponsor of the Saudi Tadawul Group's "Invest Wisely Program," Sahm Capital actively promotes financial literacy throughout the Kingdom. The Sahm App has solidified its position as one of the top three free finance applications in Saudi Arabia, a testament to its widespread adoption and utility. Disclaimer: Please note that trading in financial markets, including index options trading, involves high risks and may lead to financial losses that could exceed the invested capital. The information provided above is not intended in any way as advice or a recommendation to sell or buy any financial instruments, bonds, or other financial investments, including the buying and selling of index options. We recommend consulting a professional financial advisor before making any investment decisions and ensuring that these investments are suitable for your experience, financial situation, and investment goals. Sahm Capital does not bear any responsibility for any losses or damages that may occur as a result of making investment decisions based on this offer or the information provided. Hashtag: #sahmhttps://www.sahmcapital.com/https://www.linkedin.com/company/sahm-capital/posts/?feedView=allhttps://x.com/Sahm_Capitalhttps://www.facebook.com/sahmcapital1The issuer is solely responsible for the content of this announcement.About Sahm Capital Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com. About Sahm AppDeveloped by Sahm Capital, the Sahm App is a proprietary platform specifically designed for investors in Saudi Arabia. It enables users to trade seamlessly across both the Saudi and U.S. markets, all at their fingertips. With its user-friendly interface and a diverse range of investment options, the Sahm App has quickly become one of the top three free finance apps in the Kingdom.

文章來源 : Media OutReach Limited 發表時間 : 瀏覽次數 : 253 加入收藏 :
Cooper Investors Issues Open Letter to Board of Directors of Frontier Communications Opposing Acquisition by Verizon

Expresses Concern that $38.50 Offer Price Significantly Undervalues Frontier and Fails to Reflect Value of Anticipated Synergies Believes Frontier's Standalone Value is up to 62% Higher than Offer Price and Fair Transaction Value Would be up to 94% Higher than Offer Price Confident Frontier Remaining as a Standalone Public Company is Optimal Outcome for Stockholders Urges Frontier Stockholders to Vote AGAINST the Proposed Transaction MELBOURNE, Australia, Oct. 15, 2024 /PRNewswire/ -- Cooper Investors Pty Limited (together with its affiliates, "Cooper Investors"), an Australia-based global investment manager and significant stockholder of Frontier Communications Parent, Inc. (NASDAQ: FYBR) ("Frontier" or the "Company"), today issued an open letter to the board of directors of Frontier in which it expressed its strong opposition to the acquisition of Frontier by Verizon Communications Inc. for $38.50 per share (the "Proposed Transaction"). In the letter, Cooper Investors expressed its belief that the standalone value of Frontier is as much as 62% higher than Verizon's offer price and that the fair transaction value would be up to 94% higher. Cooper Investors stated its intention to vote against approval of the Proposed Transaction and encouraged its fellow stockholders to do the same at the Company's upcoming special meeting of stockholders scheduled to be held on November 13, 2024. The full text of the letter can accessed at the following link: Letter to the Board About Cooper Investors Cooper Investors is an Australia-based, employee-owned and operated global investment manager founded in 2001. The firm manages approximately $7 billion on behalf of families, charities, foundations, endowments and institutions. THIS IS NOT A SOLICITATION OF AUTHORITY TO VOTE YOUR PROXY. DO NOT SEND US YOUR PROXY CARD. COOPER INVESTORS IS NOT ASKING FOR YOUR PROXY CARD AND WILL NOT ACCEPT PROXY CARDS IF SENT. COOPER INVESTORS IS NOT ABLE TO VOTE YOUR PROXY, NOR DOES THIS COMMUNICATION CONTEMPLATE SUCH AN EVENT.

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 99 加入收藏 :
2024 年 11 月 3 日 (星期日) 農曆十月初三日
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