HONG KONG SAR - Media OutReach - 14 September 2021 - Magpie Securities Limited (Magpie
Securities), a leading securities firm wholly owned by the NASDAQ listed MICT
today unveiled "Magpie Invest" – a brand new game changing global stock trading
platform, bringing new horizons of global investment opportunities to retail
investors' fingertips in the Hong Kong market.
Mr Richard Abrahams, CEO of Magpie
Securities (middle), Mr Calvin Lam, CRO & Head of Client Services (left)
and Mr Tommy Li, CTO (right), officiate the launch of Magpie Invest.
Mr Richard Abrahams, CEO of Magpie
Securities speaks at the launch of Magpie Invest.
Customers can now download the Magpie
Invest app on their iOS or Android device from both the Apple Store and Google
Play Store to enjoy a delightful digital stock trading journey, experiencing
the convenient, easy to use, fast and hassle free platform leveraging
innovative and advanced technology.
With Magpie Invest, Hong Kong retail
investors will be empowered to get more than more within a single app – it
brings more of what you want and more of what you need for stock
trading, including allowing retail investors the ability to diversify their
investment portfolio and connecting them to more global markets than ever before.
Celebrating the launch of Magpie Invest, Mr Darren Mercer, Chief Executive Officer of
MICT Inc cum Non-Executive Chairman of Magpie Securities, said, "Magpie's presence in Hong Kong is a key strategic move to setting
its footprint in the global stock markets, which is essential for its long term
business interests. We are proud to
bring world class brands from world class markets to Hong Kong's retail
investors. MICT has injected about half a
billion Hong Kong dollars to support Magpie Securities' business growth, and plans to inject additional capital so as to always offer
competitive levels of margin financing at competitive rates."
Magpie Invest delivers its "Get More Than
More" brand promise to customers featuring a series of attractive propositions
– More Markets, More Opportunities, More News, More Value, More International
Expertise and More Free Data:
Magpie Invest at its
launch will bring seven stock markets available for trading, including:
- North America -- USA:
NASDAQ, NYSE, and Canada: TMX
- Asia -- Hong Kong
Stock Exchange and China Stock Connect (SH)
- Europe -- London Stock
Exchange, Frankfurt Stock Exchange, and Paris Stock Exchange
The app will connect more and more markets, with Japan, Australia and
Switzerland soon to be added to the trading list.
Clients can trade 18 hours non-stop in a day with Magpie Invest.
partners with two major professional news sources MT Newswires and Zhitong
Finance to provide users insightful,
relevant, informative and real-time news feeds (with over 1,000 in
English and over 1,700 in Chinese) around the clock every day, supporting
traders with valuable market knowledge and expertise. The smart app strives to
maintain a noiseless news hub where only the most relevant premium business and
financial news are provided.
In addition, Magpie Securities will set up our own global network of
journalists to bring unique and exclusive content to stock traders, adding a whole new international
flavour to retail stock trading in Hong Kong.
Magpie Invest promises to offer more value to customers through attractive
welcome incentives and competitive offers in
- New customers deposit HK$10,000 and complete 1
transaction will receive 1 share of Twitter (US stock, approximately HK$550)
- The first 5,000 account openings will receive an
additional 1 share of Burberry (UK stock, approximately HK$200)
- Reward free stocks of global exchanges in series,
including Twitter, eBay, Burberry and Aston Martin, etc.
- The total value of the welcome offer and friend
referral program will reward over HK$2,600
- $0 commission for trading Hong Kong stocks
- Free live streaming data in international markets that we traded
Mr Richard Abrahams, CEO of Magpie Securities
commented, "Our core value proposition is to continuously bring more to
Hong Kong retail investors. We are bringing global stock markets to Hong Kong
retail investors within one app, making it easier to trade global markets and
diversify their investment portfolios and currency exposure. We will
continuously strive to bring more to retail investors in Hong Kong by utilizing innovative technologies and developing
Hong Kong is the number
one Asian financial centre, which has a very large number of well-educated
retail investors who are experienced users of stock trading apps, which makes
it a perfect market to launch Magpie's new business – Magpie Invest aims to
become Asia's No.1 global stock trading platform.
The schedule of stated welcome offers from Magpie
Invest are subject to change and according to terms and conditions. For more
details, please access the website http://www.magpiesecurities.com for