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Lion Enhances OTC Stock Options Services Quality And Efficiency Powered By AI

Author: Benzinga Newsdesk | February 06, 2024 09:31am

Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ:LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services, announced today that the Company has accelerated the development of AI technology to empower core business products and services. Lion utilizes AI technology to further enable value enhancement of its Hong Kong-based Over-The-Counter ("OTC") stock options business and sustain a consistent trend of profit growth.

Lion embraces the AI era, prioritizing customer needs, and continuously developing a range of AI-based products and services, including Robo-Advisor "LionAI" and intelligent trading algorithms "Phoenix".  With a focus on the options business, the Company has developed an AI-powered trading system. This system, built using the efficient and secure Rust programming language, is based on message bus application technology architecture that utilizes the Apache Flink workflow engine. It connects with high-speed market data, concurrently processes outstanding contracts, and ensures efficient and accurate valuation. The system achieves end-to-end electronic integration of functions including contract bookkeeping, trading, hedging, clearing, reporting, and risk management. The system complies with regulation, through functions such as investor suitability, underlying asset blacklists, and margin monitoring, whilst also helping to prevent market-related risks, further improving the overall customer trading experience.

Lion is enhancing the integration of AI technology with stock options for business and services. By leveraging advanced AI algorithms and data insights, combined with market big data analysis, Lion is constructing distinctive position and exposure management models for its options business and services. This initiative enables the selection of suitable hedging tools and hedge ratios for indices, individual stocks, and related underlying assets. It includes real-time monitoring and evaluation as well as continuous focus on optimizing trading returns. With the advantages of high flexibility, leverage efforts, risk control, and global trading, Lion's options business and products enable investors to adapt better to diverse market environments and investment objectives. The options services provide opportunities for higher returns while hedging specific market risks, and allow more flexible asset allocation.

Mr. Chunning (Wilson) Wang, CEO of Lion, commented, "We have been focusing on AI applications for many years and consistently upgrading the technological advantages of our core business products and services. The Company achieves effective support for the complementary trading system of the stock options business through deep integration of AI technology. All of our efforts, including our previously launched intelligent trading algorithm "Phoenix" for Total Return Service (TRS) products, will be critical in enhancing performance and stabilizing profit cycles. We believe that proactively seizing the opportunities brought by AI technology will become a significant variable influencing the entire industry's competitive landscape. Going forward, Lion is committed to digital transformation, achieving innovation of products and business models, strengthening development momentum, providing customers with high-quality product experiences and services, and creating meaningful value growth for shareholders."

Posted In: LGHL

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