Webull Australia’s Cash Management is a multi-currency cash management service for the firm’s clients in the Australian market.Targeting yields of 4.9% in USD and 4% in AUD*, Webull’s Cash Management users will gain exposure to underlying manager J.P. Morgan Asset Management’s money market solutionsThis is the first cash management tool of its kind for self-directed investors in AustraliaWebull Cash Management offers zero fees, with no lock-up period or cap on returns

SYDNEY, Nov. 12, 2024 /PRNewswire/ — Webull Securities (Australia) Pty Ltd (‘Webull Australia’), a subsidiary of Webull Corporation, the owner of the popular trading platform, launched an industry-first cash management service for its self-directed Retail investors in Australia, by leveraging J.P. Morgan Liquidity Solutions as the underlying manager. Webull Cash Management aims to offer competitive USD and AUD returns, targeting yields of around 4.9% in USD and 4% in AUD*.

Webull Cash Management utilises direct API integration with J.P. Morgan Asset Management, offering real-time settlement and competitive variable returns on uninvested cash via investments into J.P. Morgan Liquidity solutions.

Cash Management offers zero account fees, no withdrawal fees, no lock-up period, and no cap or limit on returns, meaning users can have access to funds with no penalties.

Cash Management offers an ‘auto sweep’ function, allowing clients to redeem uninvested cash held within Cash Management to settle ASX or US market trades when actively investing, while automatically channelling client’s uninvested monies back into Cash Management.

Rob Talevski, CEO of Webull Securities Australia said, “Thanks to Webull’s relationship with J.P. Morgan Asset Management, we have produced a solution to offer competitive returns on cash that are not readily available to many traders, leveraging J.P. Morgan Asset Management’s liquidity management capability.”

“Webull is the first ASX-participant broker in Australia to leverage J.P. Morgan Asset Management’s liquidity management capability in this way, and to offer such a product to self-directed investors in Australia. This product is representative of our continued and ongoing vision to push boundaries and provide best-in-class solutions to Australian retail investors, in an industry that should constantly push to find ways to optimise investment returns.”

Matthew Le, Head of South East Asia & Australia Sales, Global Liquidity at J.P. Morgan Asset Management, said, “Our technology team has worked closely with Webull on a direct system integration. This enables an automated and straight-through execution and settlement of our J.P. Morgan Liquidity solutions. We are committed to innovate and bring the latest technologies to meet the ever-changing needs of our clients.”

Alongside the new Cash Management service, Webull continues to provide top-tier products and services to Australian traders, including 24-hour access to the US markets, real-time FX transfers, free real-time market data, and zero-commission trading on popular ASX and US ETFs.

Eligible clients will be able to activate Webull Cash Management directly via the firm’s app (Asset Page > Cash Management Tab > and simply click “activate”). To find out more, visit https://www.webull.com.au/cash-management

Media contact:
Cognito for Webull
Webull@cognitomedia.com 

About Webull Australia

WebullSecurities (Australia) Pty. Ltd. is a leading financial services provider, holding an Australian Financial Services Licence (AFSL 536980) and regulated by the Australian Securities and Investments Commission (‘ASIC’). As a trading participant of both the Australian Securities Exchange (‘ASX’) and Cboe Australia (‘Cboe’), and a principal member of the Stockbrokers and Investment Advisers Association (‘SIAA’).Webull strives to ensure the highest standards of service and security. All client monies are securely held in segregated client money trust accounts at an APRA regulated Authorised Deposit-taking Institution (‘ADI’), and all Australian shares are CHESS-sponsored.

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/. 

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SOURCE Webull Securities (Australia) Pty. Ltd.

SEOUL, South Korea, Nov. 12, 2024 /PRNewswire/ — The PICT, a South Korean AI-driven digital twin and immersive content company, has established GEO Impact, its new branch in Ho Chi Minh City, Vietnam. This strategic expansion addresses Southeast Asia’s growing demand for smart city technology while accelerating The PICT’s global market presence.

The PICT has witnessed remarkable growth over the past five years, achieving a 1,600% increase in revenue through its innovative solutions and backing from notable investors, including the Gangwon Creative Economy Innovation Center, The Zone Bizon, and Sopoong Ventures. Building on this momentum, GEO Impact positions The PICT to support Vietnam’s national ambitions, particularly in over 100 smart city projects aimed at improving urban safety, transportation, and environmental management.

Leveraging its proprietary NDS digital twin platform, The PICT offers advanced simulations that tackle critical environmental challenges in the Mekong Delta, including coastal erosion, sea-level rise, and land subsidence. Collaborating with the IH Cantabria Marine Research Institute, the platform integrates over a decade of GIS data, 3D visualization, and machine learning to deliver real-time insights, enabling Vietnamese authorities to make data-driven decisions and enhance city-wide monitoring capabilities.

“Our expansion into Vietnam through GEO Impact is a major milestone, reflecting our ambition to bring innovative digital twin technologies to the global stage,” said MB Kang, Chief Operating Officer of The PICT. “With Vietnam’s dedication to smart city development, we believe our AI-based solutions will create immense social value and enhance urban safety and efficiency.”

The PICT continues to evolve, broadening its offerings beyond VR and AR content to digital innovations that streamline operational workflows and support smart city initiatives. As GEO Impact sets out to transform urban spaces in Vietnam, The PICT remains committed to building sustainable, data-driven solutions for smart city planning worldwide.

Connect with The PICT:

Website: https://thepict.co.kr/LinkedIn: https://www.linkedin.com/company/thepict/about/YouTube: https://www.youtube.com/@%EB%8D%94%ED%94%BD%ED%8A%B8

About The PICT

The PICT is a South Korean company specializing in AI-powered digital twin solutions and immersive content development, dedicated to solving regional challenges and advancing digital transformation in smart cities.

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SOURCE The PICT

KUALA LUMPUR, Malaysia, Nov. 12, 2024 /PRNewswire/ — In an exciting collaboration, Pertama Kali and Omi have successfully hosted their inaugural speed dating event, “Kasi Chance-Lah“, uniting singles in an evening of fun, laughter, and potential new connections. This isn’t the first time Omi has ventured into creating memorable dating experiences: previously, Omi held its “Love is On MY Way” event where Malaysians discovered their love style in an engaging setting. Now teaming up with Pertama Kali, a pioneer in local speed dating events, Omi is bringing a refreshing approach to modern dating by merging digital engagement with in-person experiences.

Held at Gumi Grinds in Kuala Lumpur, the event drew an enthusiastic crowd of singles ready to explore chemistry and compatibility in a welcoming and dynamic setting. Designed to foster connections that go beyond the screen, the collaboration aimed to enrich participants’ social lives and open pathways to meaningful relationships.

The partnership stems from a shared vision: to make dating simpler, more enjoyable, and more accessible for singles. By combining the convenience of Omi’s digital platform with Pertama Kali’s expertise in event planning, the two teams created an experience that bypassed the typical stresses of modern dating. Attendees simply needed to show up, relax, and engage—without the usual pressures of arranging dates or navigating online conversations.

The teams behind the event explained, “Dating shouldn’t feel like a chore. This event was crafted to provide a fun, face-to-face experience where singles can connect in a relaxed environment. It combines the best of both worlds—Omi’s mission to foster genuine connections and Pertama Kali’s talent for creating memorable social experiences.”

The success of this inaugural event highlights the power of blending online and offline dating approaches. Pertama Kali and Omi are excited to continue exploring similar opportunities that inspire meaningful connections and simplify for everyone. By combining the ease of digital interactions with the authenticity of in-person meetings, the partnership aims to reshape the way people connect and build relationships in Malaysia.

For more information on future events and to download the Omi app, visit our website.

About Omi Omi is a social network that allows you to date pleasantly and safely. No matter you are looking for true love, a date, a travel buddy, a board game companion, or just a chit chat, you can always come to Omi to find your group.

About Pertama Kali Pertama Kali is a team of experts in matchmaking, event planning, psychology, and technology, dedicated to creating a supportive and dynamic space for singles to connect. With a focus on safe, engaging, and culturally sensitive events, Pertama Kali transforms modern dating by fostering genuine connections based on shared values and authentic interactions.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/pertama-kali-and-omi-spark-new-connections-with-first-ever-speed-dating-collaboration-302301032.html

SOURCE OMI APP