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SE Global Equities - Press Releases
Symbol: SEGB March-5-2002
 

SE GLOBAL REPORTS 29% GROWTH IN MONTHLY TRADING VOLUME


SE Global Equities, a subsidiary of Capital Alliance Group Inc., has reported revenue for the month of February, 2002, of $177,555 (U.S.), representing an increase of 29 per cent in monthly trading volume as compared with January, 2002.

Since SE Global completed the acquisition of Global-American Investments Inc. in August, 2001, monthly trading volume has grown at an average rate of 12 per cent through February, 2002. Total trading volume for the month of February, 2002, represents an increase of 73 per cent over August, 2001.

"Even with fewer trading days in the month of February, including a shorter month and a U.S. holiday, we managed to achieve a record all-time high number of trades," said Toby Chu, president and chief executive officer of SE Global. "February's impressive results demonstrate increasing revenue from new accounts generated by the branches added during the month and continued expansion of our global presence. With multiple branch offices in both San Francisco and in Los Angeles, we are well positioned to continue expansion as the U.S. domestic market recovers. While the company's international client base contributed significantly to the company's revenue the past year, at a time when the North American markets were under intense pressure, SE Global is now also realizing expansion opportunities from the U.S. and Canadian markets."

 

On Behalf of the Board of Directors of SE Global Equities Corp.

Toby Chu

President & Chief Executive Officer
International Head Office: 1.604.871.9909 extension 308
Asian Head Office: 852.2169.3019 extension 28

 

 

 

 

 

   

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