A Visit to Webull in Japan - Office Found

Reason for this visit

As the main stock exchange in Japan, the Tokyo Stock Exchange (TSE) is also one of the largest stock markets in the world. The Nikkei 225 is the major stock index in Japan, covering most blue-chip companies and industries. It has significant global influence and is often seen as an indicator of the Asia-Pacific stock markets prospects. Japanese stock market boasts good liquidity, large listed companies with strong risk management capabilities, and substantial policy support. Major stock brokers include Nomura Securities, Daiwa Securities, and other large comprehensive securities companies, which provide trading and investment services in stocks and derivatives for both institutional and retail investors. In recent years, with the wave of financial technology and the rise of a new generation of investors, Japanese online securities companies and foreign brokerage firms have grown rapidly. Stock trading volume has continued to expand, and commission rates have been lowered. The Financial Services Agency (FSA) and securities regulatory authority in Japan implement strict supervision against the listed companies in the stock market, ensuring market stability and safety. At the same time, the government continues to deepen capital market reforms to attract more institutional investors around the world. In an attempt to provide investors with a more comprehensive understanding of current brokers in Japan, WikiStock survey team decides to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Japan to visit broker Webull as planned according to its regulatory address that 9/F, Ginza Six, 6-10-1 Ginza, Chuo-ku, Tokyo 104-0061.

The investigators arrived at Ginza Six in the Ginza area of Tokyo, Japan for a visit to the brokers office on December 8, 2023. Ginza Six, a luxury shopping complex, boasts a fabulous location easily accessible via public transports within 3-minute walking distance from the Ginza Station. Additionally, the elegant building features a special mental grid façade, demonstrating a super modern appearance.

Upon arrival at the building for further investigation, the survey personnel spotted a directory in the lobby, which displayed that Webull is situated on the 9th floor. However, people weren‘t allowed to visit the working area of the building without an access card or registration due to the stringent security rules. In the meantime, security guards made regular patrol in the reception area, entrance, and all floors. Unhappily, the team failed to pay a visit to the company’s office and take photos. Therefore, it is unable to know the exact business size of the company.

Through the on-side investigation, its confirmed that Webull truly has a physical presence at the location.

Conclusion

The survey team went to Japan to visit broker Webull as scheduled, and found the companys name at its regulatory address. This denotes that the broker does have a physical business office at the place. But the actual company size of the broker is unknown due to the failure to pay an internal visit to its office. Therefore, investors are advised to make a sensible decision following a comprehensible consideration.

Disclaimer

The content is used for informational purpose only, and shall not be taken as a final order for making a choice.