ZiaSun's On-Line Brokerage to Launch Trading on Hong Kong Exchange
SAN DIEGO, Feb. 5 /PRNewswire/ -- ZiaSun Technologies, Inc. (OTC Bulletin Board: ZSUN - news; www.ziasun.com) today announced that its wholly-owned
subsidiary, Momentum Internet Inc. (www.momentumplus.com), will launch a new service for investors worldwide to trade on the Stock Exchange of Hong Kong
through its on-line trading website, Swiftrade (www.swiftrade.com).
Swiftrade will work in conjunction with one of the most reputable Hong Kong stock brokerages in addition to one of the world's best known financial information
providers to allow investors anywhere in the world easy, efficient and inexpensive access to one of the world's most dynamic stock markets. The Hong Kong
brokerage will be the first to take advantage of Momentum's new ''plug and play'' software developed for brokers to provide on-line trading in any market in the
world.
Swiftrade will begin offering trading on the Stock Exchange of Hong Kong, in addition to the American markets, in just a few weeks.
Mr. Anthony L. Tobin, President and CEO of ZiaSun Technologies, said that Swiftrade would offer a truly unique on-line trading experience for investors worldwide.
''No other single Internet stock trading system that we know of allows investors anywhere to trade securities in Hong Kong or New York off one website,'' he said.
Mr. Tobin also said that Swiftrade would be hosted on two high-speed servers -- one in California and the other in Hong Kong. These servers would allow for faster
access for traders worldwide and should all but eliminate trading down-time. Mr. Tobin stated that once the Hong Kong trading service was up and running, other
major stock markets around the world would be added to Swiftrade.
Swiftrade's exclusive arrangement with a U.S. NASD broker/dealer and clearing agent currently allows investors worldwide to trade NYSE, AMEX, NASDAQ
and OTC stocks through a direct electronic link with the exchanges. Swiftrade, with its advanced customer service program, is the only on-line stock trading system
that specializes in non-U.S. resident investors.
ZiaSun is a holding company focused on acquiring profitable, Internet and Internet-related companies with strong growth potential. Momentum Asia is a subsidiary
offering Internet customer service, database management, and corollary services which back up the Internet capabilities of other ZiaSun subsidiaries, as well as those
Internet companies who are expanding into the international market. Momentum Internet Inc., is a ZiaSun subsidiary that controls a range of internet products and
services, including an on-line stock trading system, a premium web-based e-mail service, a rapidly expanding advertising banner network, a popular finance website,
and an Asia-focused search engine. |
