SE Global Reports 14% Growth in Monthly Revenue
OTCBB: SEGB
HOPKINS, MN, Dec 12, 2001 /PRNewswire via COMTEX/ -- SE Global Equities Corp.
(OTCBB: SEGB), a provider of technology and financial resources for
international investors, today reported four-month cumulative, consolidated
unaudited revenue of US$506,056 beginning August 1, 2001. To the end of the
November reporting period, average daily volume and average monthly transaction
revenue have each grown by a monthly average of 14%. The company also reports
that for the month of November, 75% of transactions originated from non-U.S.
accounts.
"In a period of declining revenues and reduced trading volumes in the online
trading sector, we are extremely pleased with the results of our operations,"
said Toby Chu, President and CEO of SE Global. "Furthermore, this growth
indicates that during this period, active investors traded in up or down markets
and that international demand for direct access to the U.S. markets continued to
grow."
About SE Global Equities Corp.
SE Global Equities Corp. is a provider of technology and financial resources for
international investors with business presence and marketing alliances in 25
countries.
SE Global is not a securities dealer in its own right and has not sought such
registration. All trade execution and support services are provided by the
individual alliance broker in compliance with local regulatory requirements.
Global-American Investments, Inc. (GAI), a subsidiary of SE Global Equities
Corp., is a registered broker-dealer and a member firm of the National
Association of Securities Dealers (NASD) and the Securities Investor Protection
Corporation (SIPC). Not all securities, products or services described are
available in all countries, and nothing herein is an offer or solicitation of
securities products and services in any jurisdiction where their offer or sale
is not qualified or exempt from registration.
For more information visit the company's website at www.SEGlobal.com.
On Behalf of the Board of Directors
of SE Global Equities Corp.
"Toby Chu"
----------
Toby Chu
President and C.E.O
Investor Relations Contact: Mr. Quentin Mai, N. America Toll Free:
1-888-865-0901 Ext.312, Email: investor@SEGlobal.com |
