Webull Becomes First Digital Broker in Thailand to Offer US Stock Options for Retail Investors

BANGKOK, Nov. 8, 2024 /PRNewswire/ -- Webull Securities (Thailand) Company Limited ("Webull Thailand"), a subsidiary of Webull Corporation, owner of the popular US trading platform, today announced that it is the first digital broker in Thailand to offer US stock options. The new product offering comes just after Webull Thailand's recent launch of US index options trading for investors, also a first for a digital brokerage in Thailand. This milestone sets a new benchmark in the local brokerage market, expanding investment opportunities for local investors seeking to invest in US stocks.

A Response to Rising Retail Investor Demand

In step with Thailand's rapid adoption of innovative financial technology initiatives, Thailand's retail investors are becoming increasingly sophisticated, which creates demand for greater access to global markets. Leveraging the experience and development of products by Webull's subsidiaries operating in neighbouring countries, Webull Thailand has been able to expedite the rollout of US stock options for local investors.

By offering US stock options alongside Webull Thailand's existing suite of products, investors will now have access to real-time OPRA/CGIF market data, comprehensive trading tools including custom option chains, unilateral option strategies, option stock pickers and price tracking tools. Through these tools, investors will be better equipped to navigate the rising and falling trends of US stocks and indexes, and develope risk management techniques in managing their stock portfolio exposure and performance. Through the Webull platform, investors will also be able to place multiple order types, such as market orders, limit orders, stop orders, stop-limit orders, take-profit stop orders, etc., when trading US stock options. Additionally, within the first month of the launch of US stock options, Webull Thailand will reward investors with zero commission trading.

Webull Thailand's introduction of US index and stock options will further enhance the opportunity to tap into one of the most widely traded financial markets globally, providing a powerful tool for diversifying investment strategies and allowing for risk management, hedging, and alternative investment opportunities. Investors looking to mitigate risk exposure for their existing portfolios can also leverage US index options, which recently launched on Webull. US index options also provide leverage, where investors can control a larger position with a smaller capital outlay, therefore magnifying the potential gains or losses for local Thai investors investing in the US market.

Chonladet Khemarattana, CEO, Webull Thailand, said, "Webull's technology strength and global product suite has enabled us to be the first digital broker in Thailand to offer investors US stock options, providing Thai investors with access to additional tools to diversify their portfolios across our existing suite of US equity products. Using our experience and go-to-market strategies, we remain committed to delivering new innovations and features that will enable investors to take full advantage of global financial markets and instruments."

With this latest offering, Webull aims to solidify its position as a market leader in Thailand's broking industry, delivering cutting-edge products and services tailored to meet the unique needs of Thai investors. Webull Thailand's platform is designed to provide investors with a seamless and enjoyable investing experience. This announcement complements other existing features on the Webull Thailand platform, including 24/5 Thai customer service, competitive and transparent pricing, 24-hour trading, real-time quotes and multi-platform accessibility.

Market commentary and insights by Chonladet Khemarattana, CEO, Webull Thailand

According to Mr. Khemarattana, "With the Fed's recent rate cut and increasing market volatility across the US and Asia-Pacific due to economic and geopolitical uncertainties, the introduction of US stock options in Thailand is timely. Options are especially useful in volatile markets, allowing Thai investors to capitalize on price swings regardless of market direction."

"The Fed's decision to lower interest rates also signals a potential shift towards a more accommodative monetary policy, altering expectations for long-term economic growth of the US which may influence market trends and sentiments and impact the pricing of longer options, therefore, providing investors with alternative investment options through US stock options."

To learn more about Webull Thailand's US stock options product, more information is available on the website: https://www.webull.co.th/en/  

ENDS

Media contact:

Cognito for Webull
Webull@cognitomedia.com

About Webull

Webull is a leading digital investment platform built on next generation global infrastructure. The Webull Group operates in 15 regions globally 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, futures and fractional shares, through Webull's trading platform. Learn more at https://www.webullcorp.com/.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Webull Becomes First Digital Broker in Thailand to Offer US Stock Options for Retail Investors

BALI, Indonesia, Nov. 8, 2024 /PRNewswire/ -- ADFIAP International CEO Forum XVII successfully concluded with over 150 esteemed participants shared common agreement regarding the crucial role of Development Finance Institutions (DFI). The event hosted by PT Sarana Multi Infrastruktur (Persero) ("PT SMI"), a state-owned enterprise under the Ministry of Finance of the Republic of Indonesia, held in Bali, Indonesia, on November 6-8 2024.

Under the forum theme, "Building a Sustainable Future: The Crucial Role of DFIs in a Low Carbon Development Agenda", the conference brings together CEOs of development banks and ADFIAP member financial institutions to conduct meaningful dialogues, exchange ideas and collaborate on current issues related to sustainable development and climate change challenges as well as financing the development of projects related to climate change faced by many financial institutions. The forum served as a platform for high-level discussions, knowledge sharing and collaboration among key industry stakeholders, which will support the common goals.

As the forum concluded, there are several key takeaways emerge: a. The urgency of climate action is undeniable. DFIs must accelerate the energy transition and adopt sustainable practices across all sectors; b. Collaboration is the key to unlocking the full potential of sustainable development. By working together, DFIs can overcome challenges, share knowledge, and amplify their impact; c. Innovation is the engine of progress. DFIs must embrace new ideas, technologies, and business models to address the complexities of the 21st century; d. The human dimension must be at the heart of DFI's work. DFI must prioritize social equity, environmental sustainability, and human well-being.

PT SMI was appointed as the host of CEO Forum for the first time, since joining ADFIAP back in 2016. Through its membership in ADFIAP, PT SMI expands networks and builds relationships with financial institutions to collaborate and contribute to sustainable development.

"We are truly privileged to host this important event and appreciate the trust and confidence placed in us by ADFIAP. The theme of this year's forum, "Building a Sustainable Future: The Crucial Role of Development Finance Institutions in a Low Carbon Development Agenda" couldn't be more timely. PT SMI is committed to transforming itself into a full-fledged DFI. By focusing on research-based concessional loans and aligning our activities with the principles of People, Planet, Profit, and Prosperity, we aim to maximize our impact on sustainable development", says Reynaldi Hermansjah, President Director of PT SMI.

Notable speakers from renowned DFIs, government institutions, and international organizations enlightened participants with their expertise and insights. Key topics covered included equitable energy transition, leveraging digital transformation strategies, the role of impact investment in building resilient infrastructure, and ensuring universal water access and sanitation. The delegates were also treated to experience the richness of Balinese culture through a series of tour agendas, enjoying traditional culinary and local arts.

"This year's CEO Forum proved successful in uniting visions through a number of fruitful discussions. We are aware that the effort for driving sustainable development and combating climate change is still a work in progress. But what we achieved here in Bali in the past few days is definitely essential for us to move forward with our collective agenda of fostering sustainable growth and development in our region and beyond", says H.E. Dr. Kao Thach, ADFIAP Chairman.

Association of Development Financing Institution in Asia Pacific (ADFIAP) is an association whose members are development banks and other financial institutions involved in the development financing activities in the Asia-Pacific region. Founded in 1976, ADFIAP has a mission to advance sustainable development through its members which currently consist of 94 institutions in 41 countries.

About PT Sarana Multi Infrastruktur (Persero) ("PT SMI")

PT Sarana Multi Infrastruktur (Persero) ("PT SMI") was established on February 26, 2009 as a State-Owned Enterprise under the coordination of the Ministry of Finance as a Non-Bank Financial Institution, with a role and mandate to act as a sustainable development agent.

PT SMI has various functions and unique products/features to support the acceleration of infrastructure development which not only functions as an infrastructure financing but also as an enabler through the implementation of a Public Private Partnership (PPP) scheme, which includes various financial institutions, both private and multilateral. PT SMI actively supports the PPP implementation and encourages the acceleration of infrastructure development in the regions through regional loan products.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

PT SMI Successfully Hosted the ADFIAP International CEO Forum XVII, Sharpens Collaborations to Accelerate Sustainable Development