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

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

Business

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

2024-11-08 13:10 Last Updated At:13:25

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

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

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VIVOTEK Wins Double Honors for Its Commitment to Sustainability

2024-12-26 23:30 Last Updated At:23:45

TAIPEI, Dec. 26, 2024 /PRNewswire/ -- VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK's remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.

Pioneering Sustainability with Dual Recognition

"For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives." said Allen Hsieh, VIVOTEK's Spokesperson and Director of the Global Marketing Division. "These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development."

Driving Sustainability through AI Innovation

VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.

Committed to social responsibility, VIVOTEK leads the security industry's sustainability efforts through its 'Safety Map' initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.

In 2024, VIVOTEK will expand its efforts to Hualien's Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.

Security Sustainability as a Foundation for Social Impact

VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.

Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world's most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.

To learn more about VIVOTEK's sustainability initiatives, please refer to the 2023 Sustainability Report.

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

VIVOTEK Wins Double Honors for Its Commitment to Sustainability

VIVOTEK Wins Double Honors for Its Commitment to Sustainability

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