Futu Holdings Ltd

About Futu Holdings Ltd

Futu Holdings Limited ("Futu") (Nasdaq: FUTU) is an advanced fintech company transforming the investing experience by offering fully digital financial services in multiple markets. Futu was listed on Nasdaq on March 8, 2019. Futu offers market data, financial news, interactive social features, and investor education on its proprietary one-stop digital platforms Futubull and moomoo. Its subsidiaries provide clients with investing services including trading and clearing services for United States, Hong Kong SAR, China Connect, Singaporean, Australian, Japanese, Canadian, and Malaysian stocks, margin financing and securities lending, virtual asset trading, and wealth management. By creating an ecosystem centered around its users, Futu provides connectivity to users, investors, analysts, media, companies, and institutions. Futu also provides Employee Stock Ownership Plan (ESOP) solutions, initial public offering (IPO) distribution, and investor relations (IR) and public relations (PR) services through its institutional and corporate services brand, becoming the go-to partner of many well-known companies. Since its launch in 2019, Futu Money Plus has been working to build an all-in-one global asset allocation platform. Through cooperation with top fund houses worldwide, it provides clients with a wide range of best-performing funds to enable global asset allocations. Futu Trustee provides one-stop wealth management solutions for corporate clients and high-net-worth individuals and families, and revolutionizes service delivery for ESOP Trust Administration, Family Trust, and Family Office through technology. Futu Holdings’ subsidiaries hold more than 100 licenses, registrations and qualifications across various markets globally, including the United States, Hong Kong, Canada, Singapore, Japan, Malaysia,Australia and New Zealand. The following are the important licenses, registrations and qualifications obtained in each market: Futu's subsidiaries hold the licenses issued by the Securities and Futures Commission of Hong Kong (SFC), including the Type 1 Licence (Uplifted) for dealing in securities and virtual asset under an omnibus account arrangement, Type 2 Licence for dealing in futures contracts, Type 3 Licence for Leveraged Foreign Exchange Trading, Type 4 Licence for advising on securities, Type 5 Licence for advising on futures contracts, Type 7 Licence for providing automated trading services, and Type 9 Licence for asset management. Futu's subsidiary also obtained the Virtual Asset Trading Platform operator license (VATP) from SFC. Its subsidiaries hold memberships with the London Stock Exchange ("LSE") and the LSE’s Turquoise platform, securities and derivatives trading membership with Singapore Exchange (SGX). Futu's US subsidiaries, solely or collectively, are regulated by the United States Securities and Exchange Commission (SEC), and are members of Financial Industry Regulatory Authority, Inc. (FINRA), the Securities Investor Protection Corporation (SIPC), a member of Depository Trust Company (DTC), National Securities Clearing Corporation (NSCC) and the Options Clearing Corporation (OCC). In Singapore, Futu's subsidiary has obtained SGX's full memberships and holds the MAS Capital Markets Services (CMS) license and Exempt Financial Adviser (EFA) status, and Trust Business Licence. In Australia, Futu's subsidiary holds an Australian Financial Services (AFS) license issued by the Australian Securities and Investments Commission (ASIC). In Japan, Futu's subsidiary has memberships in the Japan Securities Dealers Association(JSDA) and Japan Investment Advisers Association(JIAA), and holds the Financial Instruments Business Operators(FIBOs) license. In Canada, Futu's subsidiary is a dealer member of Canadian Investment Regulatory Organization (CIRO) and Canadian Investor Protection Fund (CIPF), offering online trading services to Canadian investors. In Malaysia, Futu’s subsidiary holds a Capital Market Services Licence (CMSL) issued by the Malaysian Securities Commission (SC). In New Zealand, Futu's subsidiary is registered on the Financial Services Provider Register (FSPR). Futu aims to become an influential financial services platform globally, by adhering to the missions of prioritizing users and user experience, driving high innovation across its product upgrade, and enriching products and services offering that meet the evolving needs of investors, companies, and the industry.

Founded

2007

CEO

Mr. Leaf Hua Li

Employees

3,540

Headquarters

Hong Kong，China, HK, China

Fiscal year end

12-31

Website

futuholdings.com

Company profile

Exchange

US

Symbol

FUTU

Market-cap rank

#1103

Listing date

2019-03-08

Market cap

15.38B

Float cap

6.60B

Shares out

140.19M

Float shares

60.20M

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