Futu Announces the Number of Its Paying Clients in Singapore Has Surpassed 100,000
June 01 2021 - 12:00AM
Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq:
FUTU), a leading tech-driven online brokerage and wealth
management platform in China, today announced the number of its
paying clients in Singapore has surpassed 100,000.
On March 8, 2021, Futu officially launched its
digital platform moomoo in Singapore and has been experiencing
strong growth momentum since the inception. In Singapore, capital
markets products and services on moomoo are offered by Futu
Singapore Pte. Ltd., a subsidiary of Futu Holdings Limited. On
October 1, 2020, Futu Singapore Pte. Ltd. was granted the Capital
Markets Services (CMS) license from the Monetary Authority of
Singapore.
About Futu Holdings Limited
Futu Holdings Limited (Nasdaq: FUTU) is an
advanced technology company transforming the investing experience
by offering a fully digitized brokerage and wealth management
platform. The Company primarily serves the emerging affluent
population, pursuing a massive opportunity to facilitate a
once-in-a-generation shift in the wealth management industry and
build a digital gateway into broader financial services. The
Company provides investing services through its proprietary digital
platforms, Futubull and moomoo, each a highly integrated
application accessible through any mobile device, tablet or
desktop. The Company's primary fee-generating services include
trade execution and margin financing which allow its clients to
trade securities, such as stocks, warrants, options, futures and
exchange-traded funds, or ETFs, across different markets. Futu
enhances the user and client experience with market data and news,
research, as well as powerful analytical tools, providing them with
a data rich foundation to simplify the investing decision-making
process. Futu has also embedded social media tools to create a
network centered around its users and provide connectivity to
users, investors, companies, analysts, media and key opinion
leaders.
For investor inquiries, please contact:
Investor RelationsFutu Holdings
Limitedir@futuholdings.com
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