HONG KONG, Nov. 30, 2020 /PRNewswire/ -- Lion Group
Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of
an all-in-one trading platform that offers a wide spectrum of
products and services with a focus on Chinese investors, today
announced that Lion Brokers, a leading online retail platform owned
by the Company, has expanded its trading platform system offerings
from MetaTrader 4 ("MT4") to include MetaTrader 5 ("MT5") to
fulfill the customers' increased demands for trading in global
financial markets.
Both MT4 and MT5 are popular trading platforms, well-known and
widely used by CFD-Derivatives investors around the world. The
platforms offer customers tools for comprehensive price analysis,
algorithmic trading applications (trading robots, expert advisory),
and copy trading. Compared to the MT4 system that offers more than
30 types of financial products, the MT5 system supports over 530
types of financial products on OTC markets. In addition to currency
pairs, index, ETF, and alternative asset classes, clients can also
trade global corporation stocks such as Apple, Alibaba, and
Tencent on the OTC market.
Mr. Chunning (Wilson) Wang, CEO
of Lion, commented, "This move serves to provide Lion's growing
client base with a more flexible, convenient, ultra-modern, and
innovative platform, while enhancing the user experience. With its
enriching product portfolios, MT5 provides our customers with more
trading tools to fulfill their increased trading and hedging
demands in the global financial market."
Since May 2019, the Company has
been licensed and offered MT4 to serve their customers, allowing
users to trade more than 30 types of financial products on OTC
markets, including forex, energy, precious metals, and stock
indices. Among others, EUR/USD, USD/JPY, GBP/USD, crude oil, gold,
and stock indices are the most actively traded financial products
on the MT4 platform. The MT5 provides five bid and ask trading
quotes with quantity and volume information, useful for stock and
futures CFD trading on global exchanges as well as OTC markets.
The Company expects to launch the MT5 trading system in
December 2020 in select regions
around the world. The MT4 trading system will still be available
for use following the launch of the MT5 system.
About Lion
Lion Group Holding Ltd. (NASDAQ: LGHL) operates an all-in-one
trading platform that offers a wide spectrum of products and
services with a focus on Chinese investors. Through its
state-of-the-art technology, Lion offers contract-for-difference
(CFD) trading, insurance brokerage, futures brokerage, and
securities brokerage on its platform, which can be accessed through
applications available on the iOS, Android, Windows, and macOS
systems. Lion's customers are predominantly well-educated and
affluent Chinese individual investors residing both inside and
outside the PRC as well as institutional clients in Hong Kong. Additional information may be found
at http://ir.liongrouphl.com.
Safe Harbor Statement
This press release contains "forward-looking statements" within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Although the Company
believes that the expectations expressed in these forward-looking
statements are reasonable, Lion's actual results may differ from
their expectations, estimates and projections and consequently, you
should not rely on these forward-looking statements as predictions
of future events. These forward-looking statements involve known
and unknown risks and uncertainties and are based on current
expectations, assumptions, estimates and projections about the
Company, and the industry in which it operates. Words such as
"expect," "estimate," "project," "budget," "forecast,"
"anticipate," "intend," "plan," "may," "will," "could," "should,"
"believes," "predicts," "potential," "might" and "continues," and
similar expressions are intended to identify such forward-looking
statements. Lion cautions readers not to place undue reliance upon
any forward-looking statements, which speak only as of the date
made. Lion does not undertake or accept any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions or circumstances
on which any such statement is based, subject to applicable
law.
Contacts
Lion Group Holding
Tel: +852 2820 9011
Email: ir@liongrouphl.com
ICR, LLC
William Zima
Tel: +1 203 682 8233
Email: ir@liongrouphl.com
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SOURCE Lion Group Holding Ltd.