Anthony Denier, Webull U.S. CEO, joins CNBC's 'Money Movers' to discuss the company's Q3 earnings, the recent market volatility, and more.

Webull U.S. CEO Anthony Denier stated that retail investors are drawn to market volatility, which has led to record trading volumes on the platform, particularly through October and into the fourth quarter. Denier noted that Webull's recent diversification into products such as corporate bonds and U.S. Treasuries is aimed at providing safer investment options for retail clients and attracting larger assets from competitors.

Despite strong trading activity, Denier addressed the recent decline in Webull's stock following its public listing and the end of its share lockup period. He emphasized the company's continued profitability, its plans for geographic and product expansion, and the positive regulatory environment for new financial products, including crypto and prediction markets.

'Retail loves volatility,' says Webull U.S. CEO Anthony Denier

Joining us this morning here at Post 9 is Webull's U.S. CEO, Anthony DeNeir. It's good to have you back, Anthony. Nice to have me back. What's all the volatility doing to the model right now? Retail loves volatility. So Webull's platform was built for active and sophisticated investors. This is where our platform really shines. We're seeing volumes hitting record numbers through October, and now we're halfway through Q4. I'm very excited for what's ahead for us. Do you think the volatility sort of continues from here? It's hard to imagine it smoothing out. You would imagine there is going to be some smoothing, especially as things quiet down into the holiday season. But short-term, active trading platforms like Webull, volatility is really what's key for us. You've also installed more diversification, right? Corporate bonds, too? Yes. How much of that is going to be part of the business? Corporate bonds help us on a couple different scales. As the market gets volatile, we see a lot of retail looking for a bit more safety. So offering corporate bonds, offering U.S. Treasuries gives another product that retail can feel a bit more safe and have their money invested. On the other side, it allows us to bring over larger assets from competitors. High net worth investors tend to have a diversified portfolio that include corporate bonds and U.S. fixed income. Now that we offer those products, it's a lot easier for us to transfer over large accounts to Webull. Why is it that retail likes volatility? Is that a newer trend or is that something that has been kind of made possible by companies such as Webull and many of your competitors? A little bit of both, right? So retail loves momentum. They love opportunity. And volatility creates that opportunity for retail. They're constantly chasing the biggest movers on the day and constantly looking for that speculative opportunity to make real alpha in their portfolio. And then if volume trends are so strong right now, why do you think your stock is down 4%? A couple of different reasons. We just went public in April, right? Went public via DSPAC. October 8th was the full liquidity lockup, right? So all shares are now tradable since October 8th. Outside of that, we've only reported three quarters. Mind you, every quarter showed profitability and growing profitability every single quarter. We'll continue to show growing profitability going forward, continue to execute on our goals of expanding geographically, expanding into new products. And we're here for the long term. We're not here for a one-month run on the stock. How do you see the kind of competitive marketplace shaping up right now? You mentioned the new product lines you've been getting into. Is it one of those situations where everybody can kind of grow together or do you plan to really capture share from some of the other marketplaces out there? So I've said this before on this show. This is the most exciting environment ever that I have been in this industry now for 26 years. And I have never seen a regulatory environment being very comfortable with new products, whether it's crypto related, whether we talk about prediction markets. So I think it's a mix of taking advantage of new product to attract a whole new addressable market with customers and using these new products to reengage customers that may have gone dormant. So I think you're going to start to see some separation of platforms like Webull that are embracing new technology. They're embracing new products. That's going to start separating and leading our upside.

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