And here it is...........
TSX.V: CPT News Release DATE: September 18, 2003
SE Global to Offer Chinese Language Software Platform
Capital Alliance Group Inc.’s (TSX.V: CPT) subsidiary SE Global Equities Corp. (OTCBB:SEGB), a provider of technology and financial resources for international investors, announces the launch of SEG Web Trader, a Chinese language order routing platform for US securities.
Available in both traditional Chinese and English, this web-based platform provides international investors the ability to transact both equities and options on major US stock exchanges. SEG Web Trader has numerous powerful features including:
Ø Advanced routing capabilities including direct access to the Island ECN, smart routing features and access to all five US option exchanges,
Ø Sophisticated order types including stop limits, fill or kill, immediate or cancel, and after hour orders,
Ø Streaming market data from all major US stock exchanges.
According to the People's Bank of China, personal savings deposits of individuals within China hit a record high of 9.81 trillion yuan (US$1.2 trillion) at the end of January 2003, up 20% on a year-on-year basis. In addition, according to an article published in Asia Times on December 10, 2002 there is an estimated wealth of more that US$1.5 trillion held by overseas Chinese. These large combined pools of personal savings provide significant opportunities for companies offering Chinese language investment technology.
“Targeting global ethnic markets to invest in US securities has been a strategic part of our successful growth model. With the launch of SEG Web Trader we have initiated our long term goal of providing Chinese speaking investors with the tools to electronically transact US securities in their native language,” stated Toby Chu, CEO of SE Global. “In addition to our Japanese trading platform, the launch of this new powerful Chinese language platform will significantly strengthen our product offering and open additional business avenues both within North America and other countries with large ethnic Chinese population such as Hong Kong, Taiwan and Singapore. We anticipate expanding our market share not only within Mainland China, but amongst the estimated 60 million Chinese speaking individuals residing outside of China.”
About SE Global Equities Corp
SE Global Equity Corp. (“SEG”) offers international investors across the globe financial services and low-cost electronic execution of US securities through its wholly owned subsidiary Global-American Investments, Inc, a licensed US securities dealer. SEG provides clients with access to its global alliance network of 28 brokerage firms, 24 hours a day, covering 29 stock exchanges spanning five continents. Its other wholly owned subsidiary, SE Global Capital, Inc., provides strategic consulting services to foreign companies, helping them expand their business presence to North America.
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., a subsidiary of SE Global Equities Corp., is a U.S. licensed securities broker-dealer. 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 www.SEGlobal.com
On Behalf of the Board of Directors of Capital Alliance Group Inc.
TOBY CHU
President & C.E.O.
Investor Relations Contact: Mr. Quentin Mai * N. America Toll Free: 1-888-865-0901 Ext.312 * Email: investor@cag-global.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION. |
