Webull UK, a digital investment platform, has announced the launch of options trading for its users. This new feature is designed for sophisticated, active traders who seek to profit from fluctuations in share prices while managing risk.

Exchange-Traded Options Launch

Options trading on Webull UK offers limited counterparty risk due to exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term trading, reducing the likelihood of price manipulation by a single market maker.

This development comes shortly after the introduction of Webull Savings, which allows UK users to access various savings accounts and facilitates the rapid transfer of funds between trading accounts and banks.

“We are pleased to offer options trading for our users, fulfilling the high demand we've received for the offering since our initial launch,” said Nick Saunders, CEO of Webull UK.

“Few brokers in the UK offer retail clients access to listed derivatives,” added Saunders. “Our clients value the fact they can speculate without betting against their broker and use options to try to make money in rising or falling markets.”

Exciting News! Options Trading is just around the corner at Webull. Launch the Webull app and sign up for our waitlist to get early access.
Options are complex, high-risk products and are not appropriate for all investors. You may lose all of your invested capital. pic.twitter.com/4JprUqWG5t

— Webull UK (@WebullUK) August 14, 2024

Webull Launches 24-Hour Trading

Webull has introduced a 24-hour stock trading feature in Thailand, making it the first brokerage in the country to offer continuous trading. Thai investors can now trade US-listed equities and ETFs around the clock, including during US overnight trading hours.

This follows a similar launch in Malaysia, where Webull began offering 24-hour trading in May 2024 to enhance access to US markets. Additionally, Webull UK has unveiled a new feature called Webull Savings, which integrates savings and investment capabilities into one platform, as reported by Finance Magnates.

This allows users to compare interest rates, deposit money into various bank accounts, and move funds between trading and banking within a single account, simplifying asset diversification and investment management.