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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

Next Article

Luckin Coffee Unveils Little Butter Latte In Collaboration with Butterbear

2024-12-03 07:00 Last Updated At:07:15

The new drink is part of Luckin Coffee's Christmas Drinks Collection

SINGAPORE, Dec. 3, 2024 /PRNewswire/ -- Luckin Coffee is excited to announce its Christmas drinks series, showcasing festive favourites such as the Tiramisu Latte, Merry Cocoa Christmas, and Toffee Hazelnut Oat Latte. In addition, Luckin Coffee is thrilled to introduce an exclusive partnership with Butterbear to introduce the Little Butter Latte.

Introducing the Little Butter Latte – Buttery Bliss in Every Sip!

This limited-edition Little Butter Latte, available from 22 November 2024, combines the smooth, velvety richness of non-greasy New Zealand butter with Luckin Coffee's espresso expertise. The result is a latte that's indulgence redefined—rich, creamy, and satisfying from the first sip to the last swirl.  Imagine curling up with a warm cup of this indulgent treat, as festive lights twinkle around you, filling the air with holiday cheer. With a silky texture and a flavour profile rich roasted nuts and caramel, the Little Butter Latte delivers a perfectly layered experience, without heaviness.

Plus, it comes with four guilt-free perks:

Enjoy a melt-in-your-mouth texture made from ≥99.8% animal dairy fat, promising a luxuriously smooth feel. True to Luckin Coffee's thoughtfully themed collaborations with various IPs, the limited-time Little Butter Latte comes with exclusive Butterbear-themed cup sleeves and paper bags, with exciting gift-with-purchase surprises to look forward to!

Festive Favourites – The Christmas Collection

This November, step into a world of festive magic with Luckin Coffee's holiday menu, starting with the indulgent Tiramisu Latte, available from 1 November 2024. Crafted as the perfect on-the-go dessert, the Tiramisu Latte combines rich espresso and creamy cocoa, wrapped in luscious sea-salt milk foam dusted with cocoa powder. A warm hug in a cup, this festive treat delivers the rich flavours of tiramisu cake with every sip, enveloping you in the cocoa aroma of Christmas.

Luckin Coffee's holiday cheer continues with two additional seasonal drinks available from 6 December 2024:

Adding to the holiday magic, all drinks in the Christmas collection will be served in limited-edition, Christmas-themed paper bags, cups, and cup sleeves, featuring delightful seasonal designs to bring festive joy to each sip.

Available Across All Outlets: Grab Your Festive Drinks and Celebrate With Us!

Luckin Coffee's current and upcoming launches will be available at all outlets. The Tiramisu Latte will be available from 1 November 2024, the Little Butter Latte on 22 November 2024, and the Merry Cocoa Christmas and Toffee Hazelnut Oat Latte from 6 December 2024 onwards.

Grab your drinks, spread the festive cheer, and celebrate with us this Christmas!

For more information on Luckin Coffee, please visit www.luckincoffee.com/.

About Luckin Coffee

Luckin Coffee Inc. (OTC: LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high convenience and high affordability to customers. Empowered by proprietary technologies, Luckin Coffee pursues its mission to build a world-class coffee brand and become a part of everyone's daily life. Luckin Coffee was founded in 2017 and is based in China. For more information, please visit www.luckincoffee.com/.

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

Luckin Coffee Unveils Little Butter Latte In Collaboration with Butterbear

Luckin Coffee Unveils Little Butter Latte In Collaboration with Butterbear

Luckin Coffee Unveils Little Butter Latte In Collaboration with Butterbear

Luckin Coffee Unveils Little Butter Latte In Collaboration with Butterbear

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