CPT-v...in the news:
Capital Alliance trading volumes up 45% in October
Mr. Toby Chu reports
SE GLOBAL REPORTS 43% INCREASE IN TRADING VOLUME IN OCTOBER 2002
SE Global Equities' equity trading volume increased 43 per cent in October, 2002, as compared with the previous month. Consolidated unaudited revenue of $463,199 (Canadian) ($298,838 (U.S.)) for the month of October represents a 51-per-cent increase over the previous month and a 75-per-cent increase, compared with the average monthly revenue over the first two quarters of 2002. SE Global trading volume for the year has grown by a monthly average of 10 per cent.
During the month of October, total asset turnover value through SE Global's registered broker dealer subsidiary exceeded $899-million (Canadian) ($580-million (U.S.)), representing a 47-per-cent increase over the previous month.
Additionally, SE Global reported trading volume in options contracts of 7,524 in October, representing a 95-per-cent increase over the previous month and a 2,229-per-cent increase, compared with the average monthly options volume of the first two quarters of 2002.
"During the significant swings in the market over the past year, we are extremely pleased to see our revenue and market share consistently grow," stated Toby Chu, president and chief executive officer of SE Global. "Both domestic and international investors continue to demonstrate a strong interest in our trading software." |
