Futu Holdings Limited ("Futu") (FUTU:Nasdaq) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage service covering various markets. Futu was listed on Nasdaq on March 8, 2019. Futu and its subsidiaries ("the Group") provide investing services, including stock trading and clearing, margin financing, wealth management, market data and information, and interactive social features for Hong Kong, US and China Connect stocks, to individual investors through its self-developed one-stop digital platform, Futubull. Futu has also created a complete user-centric financial ecosystem that connects users, investors, companies, analysts, media and key opinion leaders. In addition, Futu launched a complementary enterprise service brand called FUTU I&E to provide ESOP solutions and IPO distribution services to further leverage on the Group’s enterprise business and retail brokerage business.
Futu's subsidiaries are licensed for certain regulated activities by the Securities and Futures Commission of Hong Kong, including Type 1 License for dealing in securities, Type 2 License for dealing in futures contracts, Type 4 License for advising on securities, Type 5 License for advising on futures contracts, Type 7 License for providing automated trading services, and Type 9 License for asset management.
One of its subsidiaries is regulated broker-dealer registered with the United States Securities and Exchange Commission ("SEC"), together with other subsidiaries as the members of the Financial Industry Regulatory Authority (“FINRA”), the Securities Investor Protection Corporation(“SIPC”), the Depository Trust & Clearing Corporation (“DTCC”) and the Options Clearing Corporation. Meanwhile, Futu’s subsidiaries are also member firms of the London Stock Exchange ("LSE") and the LSE’s Turquoise platform.
Going forward, Futu aims to become a globally influential financial service platform by adhering to its philosophy of putting the users and the user experience first, driving constant product innovation, and introducing more products and services that benefit investors, companies and the industry overall.