Lion's OTC Options Services Grows Significantly, Unlocking New Territory for Its Brokerage Business [Yahoo! Finance]
Lion Group Holding Ltd. - American Depositary Share (LGHL)
Company Research
Source: Yahoo! Finance
that offers a wide spectrum of products and services, announced today that the Company's newly launched and rising Over-The-Counter ("OTC") stock options business has grown significantly in scale, setting a foundation to become a leader in Hong Kong's OTC options industry. Lion is committed to providing high-quality and innovative financial products and services. In the fourth quarter of 2023, the Company's OTC options business revenue reached US$8 million (unaudited), a significant increase in both nominal principle and transaction volume, with the effect of significant accretion. Under sensitivity analysis, the Company's OTC options business revenue is expected to reach between US$45 and US$60 million in 2024. In terms of business model, the Company has adopted an advanced electronic trading platform to ensure the transparency and efficiency of each transaction. At the same time, the Company relies on Lion's professional risk management team, which is responsible for real-time mon
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LGHL
News
- Lion Group Holding Full Year 2023 Earnings: US$5.94 loss per share (vs US$34.97 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
- LION E-Mobility AG Confirms Full Year 2024 Guidance After Weak Q1 With Seasonal Effects [Yahoo! Finance]Yahoo! Finance
- Lion Announces Unaudited Full Year 2023 Financial ResultsPR Newswire
- Lion Group Holding Announced the Launch of Multi-Currency Account Services Powered by AIPR Newswire
- Lion Group Holding Announced the Launch of Multi-Currency Account Services Powered by AIPR Newswire
LGHL
Sec Filings
- 4/30/24 - Form 20-F
- 4/19/24 - Form 6-K
- 4/15/24 - Form 6-K
- LGHL's page on the SEC website