Fractional shares maybe? Here’s my predictions on what we might get when moomoo gets into Malaysia with a full license! ๐ ๐ฆ๐๐ฎ๐ฟ๐ ๐๐ป๐๐ฒ๐๐๐ถ๐ป๐ด ๐๐ถ๐๐ต ๐บ๐ผ๐ผ๐บ๐ผ๐ผ โก๏ธ
๐ ๐ฆ๐๐ฎ๐ฟ๐ ๐๐ป๐๐ฒ๐๐๐ถ๐ป๐ด ๐๐ถ๐๐ต ๐บ๐ผ๐ผ๐บ๐ผ๐ผ โก๏ธ
โฌ๏ธ Timestamps:
0:00 โ Introduction
0:40 โ Fees
1:41 โ Potential Features
4:28 โ US Stock Custodian
5:41 โ Roadshows and Physical Experience Store
6:46 โ Conclusion
Futu Holdings Limited, the company behind the super investment platform moomoo, has announced its forthcoming expansion into Malaysia!
What does this mean? Malaysian investors (like you and I!) will soon be able to enjoy lifelong access to a holistic suite of self-help educational resources, free-for-all market data and a supportive global community to unlock more opportunities — all through moomoo.
This expansion into Malaysia marks the company’s second launch in Southeast Asia, building upon its successful record of serving more than 20 million users around the globe. Robin Xu, Futu’s Senior Partner and Senior Vice President, believes the firmโs strong research, development capabilities, and business success enable them to deliver superior tech-driven solutions to the market.
A significant milestone in this expansion is the recent Approval-In-Principle (AIP) for the Capital Markets Services License (CMSL) that Futu’s wholly-owned Malaysian subsidiary has received from the Securities Commission Malaysia (SC). This approval is a major step forward in the companyโs Southeast Asia business expansion plans and bolsters the companyโs overarching mission to simplify and democratize investing for all stakeholders.
Founded on the belief in advancing the investing experience through digital technology, Futu, listed on Nasdaq since March 8, 2019, provides investing services via its platforms, Futubull and moomoo. The services cover trading and clearing for multiple markets, including the US, Hong Kong SAR, China Connect, Singapore, and Australia, in addition to offering margin financing, securities lending, and wealth management.
With Malaysiaโs substantial population, business-friendly environment, educated workforce, and high levels of digital literacy, Futu views the country as an ideal location to introduce its state-of-the-art investment platform. Through moomoo, retail investors like us can soon explore a variety of intuitive tools and features, fostering a self-directed learning approach to securities and derivatives trading.
Buckle up, Malaysians – it’s gonna be a fun ride!
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Disclosure & Disclaimer: This video is part of a broader collaboration with moomoo, but the content is not reviewed due to the sensitive nature of the subject matter. Rest assured whatever is in this video is 100% my opinion and an educated guess only. The content on this channel is for educational purposes only and merely cites my own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.
