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Polaris Announces First Chinese Language International Online Brokerage
Capability in Taiwan
TAIPEI, Taiwan, R.O.C. August 28, 2001
Polaris Security Group, Taiwan’s No. 1 online securities
broker in Taiwan, today announced the introduction of the country’s
first Chinese language online multi-country stock exchange brokerage
system. The system provides access to 11 exchanges in six countries
through a single account.
“We hope to sign 500 customers in the first month with 20 thousand
transactions,?said Polaris President Wen-Cheng Pai.
Before the newly created platform the cost of purchasing overseas
stocks averaged $100 per transaction through an overseas broker
and different exchanges could only be accessed through different
accounts. Now the fees will range from $40-$50 per transaction and
can be conducted through one account. Polaris is actively talking
to foreign investors and ventures, and is seeking strategic alliances.
About Polaris Securities Group
Founded in 1988, Polaris was founded in 1988 by Wen-Cheng Pai. It
is the No. 1 brokerage firm in Taiwan.
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