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SE
Global Equities Corp. (OTCBB: SEGB) is pleased
to provide a progress report on its recent business
activities. SE Global has continued to aggressively
enter new markets and bring sophisticated trading
tools to securities firms, asset and portfolio
management companies, fund managers and professional
investors around the globe. Using SE Global's
direct access trading platform, SE Global Trade(TM),
brokerage firms are able to offer their clients
direct trade routing to market makers, ECNs
and U.S. stock exchanges, allowing for almost
instantaneous trade execution and confirmation.
Recent
corporate developments include:
Enhanced software features Effective Aug. 10,
2001, options trading is now available as a
feature on the SE Global Trade platform. SE
Global is currently creating a Chinese language
interface, and is planning to convert the trading
platform to additional languages including German,
Korean, Japanese and French. Additionally, SE
Global is pursuing plans to develop a single
universal platform to trade equities, futures
and options.
Europe
SE
Global is pursuing the enhancement of SE Global
Trade to enable clients to trade securities
on selected European exchanges. The objective
is to permit clients to open Euro-denominated
accounts at SE Global's subsidiary, Global-American
Investments Inc. (GAI), and trade securities
using a platform identical to the existing product
serving the U.S. markets. Potential customers
for this product include European banks, brokers
and institutional investors. Additionally, two
securities firms in Europe have agreed to enter
into a foreign associate agreement with GAI,
which would enable them to introduce offshore
custodial accounts directly to GAI.
Japan
A
Japan-based day trading school has reached an
agreement to offer SE Global Trade software
in its training schools. In addition, SE Global
is in negotiations to offer an intermediate
level Web-based trading platform, which integrates
U.S. stock charts and Japanese language features.
Hong Kong
Hong
Kong
Several
securities firms in Hong Kong have started using
SE Global Trade as their U.S. securities trading
platform. Furthermore, SE Global has signed
a joint marketing agreement with several Hong
Kong securities firms to market the company's
U.S. direct-access trading platform to local
clients. South America and Middle East
South
America and Middle East
Several
leading South American and Middle Eastern firms
have agreed to transfer their active clients
to the SE Global Trade platform and/or open
new accounts with GAI.
"Our
expanding alliance network enables us to penetrate
the existing client base of overseas securities
firms in multiple markets," said SE Global president
Toby Chu. "The benefits to SE Global are reduced
market entry costs, dramatically minimized marketing
expenses and the ability to leverage the existing
brand recognition and reputation of locally
based securities firms around the globe."
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