Lion launches multi-currency trading accounts powered by AI

Rick Steves

The core advantages of multi-currency trading account services include enabling significant cost savings and higher efficiency for investors.

Lion Group has officially launched multi-currency trading account services powered by AI technology, the all-in-one trading platform announced.

The online brokerage firm’s spectrum of products and services includes total return service (TRS) trading, contract-for-difference (CFD) trading, Hong Kong-based over-the-counter (OTC) stock options trading, and futures and securities brokerage.

Additionally, Lion owns a professional and experienced SPAC sponsorship team to become a leader in the SPAC arena.

Offshore Renminbi settlement for greater efficiency

The newly launched multi-currency trading account services will support pricing and settlement in a range of currencies, including offshore Renminbi and US dollars.

The system will adjust in real time to accommodate different currency accounts, providing a more professional and intelligent investment tool and trading service experience for all types of users worldwide.

The core advantages of multi-currency trading account services include enabling significant cost savings and higher efficiency for investors. For example, in the over-the-counter (OTC) stock options sector of the derivatives market, foreign investment in China A-shares is often susceptible to the impact of exchange rate fluctuations, which can significantly affect net returns. Using offshore Renminbi settlement in the new trading services can alleviate currency fluctuations, greatly enhancing the liquidity and flexibility of client financial strategies.

Chunning (Wilson) Wang, CEO of Lion, said: “Finance, technology, and digitization are the three main catalysts driving Lion’s advancement in the financial technology sector. Against the backdrop of the ongoing AI wave sweeping across the globe, we believe in actively seizing the industry opportunities brought by AI and infusing AI dynamics into the Company’s core business products and services.

“The launch of multi-currency trading account services like this will significantly enhance the differentiation competitiveness of corresponding products and bring more incremental profit opportunities. Meanwhile, benefiting from a diversified development strategy, Lion will continue to build a robust and imaginative business ecosystem, provide customers with a better product experience and service, and create meaningful value for shareholders.”

Read this next


Unlocking Investment Potential: Introducing MoonBag Presale, the Cryptocurrency Set to Surpass ApeCoin and Bitbot

Discover MoonBag Presale, the cryptocurrency set to surpass ApeCoin and Bitbot. Unlock your investment potential now!


Playtech sees promising growth despite dispute with Caliplay

Gambling technology group Playtech plc (LSE: PTEC) reported solid financial results for the four months to April 30 as B2B growth and Snaitech’s record performance pushed it towards large gains in revenue.


Multipool Launches LBP on Fjord Foundry Raising $200k in 24 Hours

Multipool, a leading innovator in the blockchain and cryptocurrency industry, launched their Fjord Foundry LBP on May 21st, raising $200k in the first 24 hours.


$BEER, a New Solana-Based Memecoin completes Pre-Sale of 30,000 SOL this week

The Liquid Gold, $BEER, has become the most discussed topic on Solana over the past two weeks. $BEER has skyrocketed into Twitter trends across Europe & Asia, captivating beer lovers worldwide.

Digital Assets

Hong Kong regulator orders Worldcoin to cease operations over privacy concerns

Hong Kong’s privacy regulator has ordered Worldcoin Foundation to cease all operations of its cryptocurrency project in the city, citing risks to privacy and personal data.

Inside View

MT4 vs MT5: Which Should You Choose for Crypto Trading?

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are two sophisticated trading platforms developed by MetaQuotes Software. Although MT4 is the more widely adopted choice, traders must determine which platform is better suited for them and understand the reasons behind this choice. Here’s everything you need to know.

Digital Assets Launches Intent-Centric Architecture and Marketplace

Discover how, formerly Kiroboflow, is revolutionizing blockchain interactions with its Intent-Centric Architecture and new marketplace for intent-based strategies.

Digital Assets

Crypto ETFs, retail trading spike as Bitcoin nears record highs

BlackRock’s spot bitcoin exchange-traded fund (ETF), which trades under the ticker IBIT on Nasdaq, saw a record amount of cash injection after a quiet few weeks of net outflows. The healthy metrics came as bitcoin briefly traded above the $71,000 level for the first time in a month.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: FOMC Minutes, UK Inflation Data, USD, May 22 ,2024

FOMC minutes reveal Fed’s stance on inflation and rates. Hawkish hints could raise USD as investors seek higher returns. Dovish tones might weaken the dollar.