Webull UK, a digital investment platform, has announced the
launch of options trading for its users. This new feature is designed for
sophisticated, active traders who seek to profit from fluctuations in share
prices while managing risk.
Exchange-Traded Options Launch
Options trading on Webull UK offers limited counterparty
risk due to exchange trading, reducing the likelihood of price manipulation by
a single market maker.
This development comes shortly after the introduction of
Webull Savings, which allows UK users to access various savings accounts and
facilitates the rapid transfer of funds between trading accounts and banks.
“We are pleased to offer options trading for our users,
fulfilling the high demand we’ve received for the offering since our initial
launch,” said Nick Saunders, CEO of Webull UK.
“Few brokers in the UK
offer retail clients access to listed derivatives. Our clients value the fact
they can speculate without betting against their broker and use options to try
to make money in rising or falling markets.”
Exciting News! Options Trading is just around the corner at Webull. Launch the Webull app and sign up for our waitlist to get early access. Options are complex, high-risk products and are not appropriate for all investors. You may lose all of your invested capital. pic.twitter.com/4JprUqWG5t
— Webull UK (@WebullUK) August 14, 2024
Webull Launches 24-Hour Trading
Webull
has introduced a 24-hour stock trading feature in Thailand, making it the
first brokerage in the country to offer continuous trading. Thai investors can
now trade US-listed equities and ETFs around the clock, including during US
overnight trading hours.
This follows a similar launch in Malaysia, where Webull
began offering 24-hour trading in May 2024 to enhance access to US markets.
Additionally, Webull UK has unveiled a new feature called Webull Savings, which
integrates savings and investment capabilities into one platform, as reported
by Finance Magnates.
This allows users to compare interest rates, deposit money
into various bank accounts, and move funds between trading and banking within a
single account, simplifying asset diversification and investment management.
This article was written by Tareq Sikder at www.financemagnates.com.
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