Connect with us

Technology

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

Published

on

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.

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 CONTACTS
Webull Securities (Thailand) Co., Ltd.
Email: marketing@webull.co.th
Telephone number: +66 (0) 2026 5222

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/webull-gears-up-with-global-collaborators-to-enhance-services-for-thai-investors-302293623.html

SOURCE Webull Securities (Thailand) Company Limited

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

LONGi advocates for accelerating the energy just transition through green innovation at COP29

Published

on

By

BAKU, Azerbaijan, Nov. 22, 2024 /PRNewswire/ — On November 11th, the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change kicked off in Baku, the capital of Azerbaijan. The conference focused on how to fairly and effectively allocate climate financing resources, ensuring that every penny can be used to its maximum effect, helping countries achieve low-carbon economic transformation and enhance climate resilience.

At this critical moment in the global fight against climate change, as an advocate, practitioner, and leader in sustainable development in the global clean energy field, LONGi actively participated in COP29, advocating for the promotion of energy equity through green innovation. This marks LONGi’s sixth consecutive participation in the United Nations Framework Convention on Climate Change.

On November 15th, LONGi in collaboration with Deeprock Group, hosted a special event titled “SOLAR FOR ALL — The Key to Tackling Climate Change: Green Innovation Accelerates Just Energy Transition” at the “Biosphere 3” Solutions Pavilion in the Blue Zone of COP29. The event showcased LONGi’s latest scientific and technological achievements and project progress in the field of clean energy. Additionally, LONGi participated in a roundtable forum attended by representatives from UNHCR, the UN Refugee Agency, China Electricity Council (CEC), Global Energy Interconnection Development and Cooperation Organization (GEIDCO), World Economic Forum (WEF), Energy Foundation (EF), and relevant NGOs. At the forum, LONGi shared its stories about “Energy Equity” and discussed how to help climate-vulnerable regions enhance their climate resilience.

Solarization of the Emergency Stockpile in Uzbekistan Completed

UNHCR, the UN Refugee Agency and LONGi, a leading global solar technology company, have completed a groundbreaking project to solarize the UNHCR Regional Humanitarian Logistics Hub located in the Termez Cargo Centre in Surkhandarya, Uzbekistan.

The project, part of a wider UNHCR-LONGi climate action partnership, marks a significant step towards ensuring a sustainable energy supply for logistics that support refugees and internally displaced people (IDPs) across the region and beyond.

The solarization has transformed the Hub into a critical operation powered by clean energy. With the installation of high-efficiency solar panels, a substantial amount of renewable energy will be generated each year, reducing the Hub’s reliance on the grid and significantly lowering its carbon emissions.

“This transition to clean energy – a milestone in greening our supply chain globally – not only provides a renewable, reliable and cost-effective power source for the critical work that the Termez Supply Hub supports in the region, but also demonstrates UNHCR’s strong commitment to environmental sustainability,” said Shoko Shimozawa, Director of UNHCR’s Division of Emergency, Security and Supply (DESS).

The 700kW solar photovoltaic powerplant is expected to generate around 989,993kWh of electricity annually, reducing carbon emissions by approximately 495 metric tons per year. It will also result in significant annual electricity savings, which will benefit local energy infrastructure by reducing operating costs and allowing for reinvestment in further sustainable initiatives.

“By solarizing the Hub and partnering with UNHCR, LONGi is able to provide more efficient, reliable, safe and sustainable energy solutions for refugees around the world, accelerating the global energy transition and promoting energy equity,” said Dennis She, Vice President of LONGi. “Our vision is to promote a global energy transformation using BC (back-contact) solar technology, solving the electricity problem for people who are often without access to basic services, helping refugees to safeguard their rights and live in dignity.”

This partnership sets a precedent for future projects that aim to promote renewable energy adoption and improve the lives of vulnerable populations.

A milestone in UNHCR’s efforts to achieve climate neutrality across its operations, the solarization of the Hub paves the way for further collaboration that draws on the skills and expertise of the private sector. And by investing in renewable energy solutions, alongside strong partners, UNHCR is not only reducing its environmental impact but also building resilience and ensuring a sustainable future for refugees and IDPs.

The Hub, which has served as UNHCR’s regional emergency preparedness and response stockpile since 2021 primarily for the Afghanistan response, will be incorporated into UNHCR’s global stockpile network in 2025. This network, currently consisting of seven UNHCR stockpiles, enables the organization to respond to emergencies anywhere in the world by delivering core relief items (CRIs) – like blankets, mattresses, solar lamps and kitchen sets – to up to 1 million people who have been forced to flee their homes within 72 hours of an emergency being declared.

Turning emergency stockpile operations net carbon-neutral is a critical priority for the sustainability of UNHCR’s work. And the success if this pilot in Termez paves the way for similar projects around the globe.

Accelerating Global Energy Equity with Leading Photovoltaic Technology

Dennis She believes that energy equity lies in providing clean, affordable, and non-discriminatory energy services for all of humanity. However, there is currently a huge disparity in per capita energy consumption levels among countries worldwide, with the top 20% of economies consuming about 80% of the global energy. At the same time, approximately 11% of the global population still lives in darkness without electricity, and about one-third of the population cannot use clean energy for cooking, with energy poverty directly affecting local economic development and the improvement of people’s quality of life. In addition, the uneven distribution of global energy resources and limited affordability also constrain the realization of energy equity on a global scale.

With the deepening implementation of global carbon neutrality goals, clean energy represented by photovoltaics will gradually become the backbone of the global energy transition. In particular, the technological and manufacturing attributes of photovoltaics continuously enhance their cost competitiveness, rapidly driving the process of energy transition.

Solar energy is more widely and abundantly distributed globally than traditional fossil fuels, and it is more beneficial to developing countries. As a new type of clean energy, photovoltaic (PV) power generation has seen a rapid decrease in the cost per kilowatt-hour with the continuous development of photovoltaic technology. Photovoltaics have become the most economical source of electricity in the majority of countries and regions worldwide. Their sustainability, affordability, and characteristics of fairness and security provide an excellent solution to help achieve global energy equity.

As a global leading solar technology company, LONGi calls for global energy equity and has been driving global energy transition in all aspects, reducing the costs for people on the path to carbon neutrality. This allows more people around the world, especially those in developing and underdeveloped countries and regions, to enjoy affordable clean energy and achieve energy equity. In 2022, Dennis She first advocated for global energy equity at COP27, calling for the allocation of limited resources to the popularization of renewable energy and urgent climate actions.

In the future, a new round of energy revolution centered on new energy will be accelerated, and the beautiful vision of a zero-carbon future will be realized sooner based on equal and economical distribution of clean electricity. At that time, light will be brought equally into every corner of the world, providing inclusive clean energy for all regions under all scenarios, truly achieving “SOLAR FOR ALL,” and the world will have unlimited possibilities for sustainable development.

SOURCE LONGi

Continue Reading

Technology

/C O R R E C T I O N — Oman Investment Authority/

Published

on

By

In the news release, FUTURE FUND OMAN LAUNCHES FIRST WAVE OF INVESTMENT PROJECTS WORTH OVER US$ 2 BILLION, issued 20-Nov-2024 by Oman Investment Authority over PR Newswire, we are advised by the company that the sentence, should read , Other major partnerships include the IDG Oman Fund, developed in collaboration with IDG Capital, an international investment firm with a global footprint and extensive experience in China, focusing on ICT rather than , Other major partnerships include the IDG Oman Fund, developed in collaboration with China’s IDG Capital, on ICT as originally issued inadvertently. The complete, corrected release follows:

FUTURE FUND OMAN LAUNCHES FIRST WAVE OF INVESTMENT PROJECTS WORTH OVER US$ 2 BILLION

MUSCAT, Oman, Nov. 22, 2024 /CNW/ — Future Fund Oman (FFO), the latest investment initiative under Oman Investment Authority (OIA), has announced its first batch of approved investment projects. With a combined value exceeding US$ 2 billion, these projects include US$ 1.6 billion committed by foreign investors and US$ 571 million contributed by FFO. The investments are expected to create more than 1,600 direct employment opportunities, marking a significant step forward in Oman’s economic diversification and development strategy.

The approved projects span ten key sectors, including technology, manufacturing, tourism, renewable energy, and electric vehicles. In addition, small and medium enterprises (SMEs) and startups will play a prominent role, with investments targeting food, health, financial technology, e-commerce, and more. This comprehensive approach reflects FFO’s commitment to fostering innovation and growth across a broad spectrum of industries, ensuring that both large-scale ventures and emerging businesses contribute to Oman’s economic progress.

Mulham Al Jarf, Deputy President for Investments at Oman Investment Authority, stated that these projects underscore the Fund’s dedication to fulfilling its strategic objectives. These include stimulating local economic growth, fostering collaboration with the private sector, attracting foreign investments, and creating opportunities for Omani businesses and job seekers. He emphasized that these projects represent just the beginning of FFO’s efforts since its establishment in January 2024.

Among the approved projects are transformative initiatives that position Oman as a leader in innovative industries. Notable projects include the United Solar Polysilicon Plant in the SOHAR Port and Freezone, which will be one of the largest polysilicon production facilities in the world and the first of its kind in the Middle East. This facility will produce 100,000 tonnes of polysilicon annually, a critical component for renewable energy industries such as solar panel manufacturing.

Other major partnerships include the IDG Oman Fund, developed in collaboration with IDG Capital, an international investment firm with a global footprint and extensive experience in China, focusing  on ICT, renewable energy, and electric vehicles. Additionally, FFO has also partnered with EW Partners to establish the EWP Oman Fund, which targets key sectors such as ICT, energy, tourism, and agriculture.

Future Fund Oman is also supporting a range of SMEs and startups in partnership with fund managers like Tanmia, ITHCA, Omantel, and Cyfr Capital. These include IO Kitchen, an innovative cloud kitchen featuring over 30 virtual brands; Bima, an online insurance brokerage service; and Qpay, the first licensed Omani entity offering a “buy now, pay later” service. Other groundbreaking projects include BcLear Aligner, an AI-powered solution for dental braces; Nashid, a blockchain-based digital identity platform; and Antom, a digital financial platform that enhances the capabilities of Oman’s fintech ecosystem.

FFO was established in collaboration with the Ministry of Finance with a capital of $5.2 billion, allocated over five years from 2024 to 2028. The Fund strategically excludes investments in oil, gas, and real estate, focusing on growth-oriented sectors aligned with Oman’s Vision 2040.

Interested investors are invited to submit proposals through the dedicated platform, https://futurefund.om/futurefund/

Media Contact:

Fahad Al Toubi
+968 24745781
Fahad.AlToubi@oia.gov.om
www.oia.gov.om

Photo – https://mma.prnewswire.com/media/2563379/FFO_Investment_Projects.jpg

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/future-fund-oman-launches-first-wave-of-investment-projects-worth-over-us-2-billion-302311714.html

SOURCE Oman Investment Authority

Continue Reading

Technology

China Matters’ Feature: How High-Quality Development Is Shaping China’s Future

Published

on

By

BEIJING, Nov. 22, 2024 /PRNewswire/ — China has entered a transformative phase in its economic evolution, prioritizing sustainability and innovation over rapid growth. This strategic shift, known as high-quality development, represents a fundamental change aimed at ensuring long-term prosperity while addressing global challenges.

 

The latest episode of Keywords to Understand China features Jason Smith, host of the Bridge to China Podcast and a foreigner with permanent residence status in China, discussing this pivotal concept. “High-quality development means enhancing people’s lives, improving social equity, and fostering technological breakthroughs,” Smith explains.

China’s achievements in high-quality development are wide-ranging. Its Tiangong space station, equipped with cutting-edge solar energy and oxygen recycling systems, stands as a testament to its advanced engineering, surpassing the retiring International Space Station. Notably, China also became the first nation to land a rover on the moon’s far side, collecting and returning lunar samples that are now showcased in Beijing’s National Museum.

Beyond space exploration, China is a leader in artificial intelligence and green technologies. According to the World Intellectual Property Organization, China files more AI-related patents annually than any other country. This reflects its commitment to innovation as a cornerstone of economic transformation.

Workforce development is another critical area. The National Bureau of Statistics reports that the average education level of Chinese workers now exceeds 11 years, with over 60 million classified as highly skilled. Meanwhile, universities in China dominate global STEM rankings, according to Nature magazine, further solidifying the country’s reputation for fostering talent.

Smith notes that China’s high-quality development is about balance: “It’s not just about competing globally; it’s about improving quality of life domestically while contributing to global progress.”

As nations face mounting environmental and economic challenges, China’s approach provides a roadmap for integrating innovation with sustainability.

View more via YouTube: https://youtu.be/48um73JN9Gc

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/china-matters-feature-how-high-quality-development-is-shaping-chinas-future-302314044.html

SOURCE China Matters

Continue Reading

Trending