Tiger Brokers subsidiary approved as latest member of NYSE
Tiger Brokers' TradeUP Securities has gained its NYSE membership.
Tiger Brokers’ US subsidiary, TradeUP Securities, has joined the New York Stock Exchange (NYSE) as its latest member on Sept 20.
The listing gives TradeUP Securities membership in New York Stock Exchange LLC, NYSE American LLC, and NYSE Arca, respectively, making the company one of the very first fintech brokers to obtain this status.
The move also boosts its worldwide number of global licenses and qualifications from 56 to 59.
In addition, the membership enables Tiger Brokers to offer investors direct access to rapid and efficient electronic executions on NYSE.
"We are very excited about the NYSE membership. The move marks a growing industry recognition, and a valuable accolade, to our financial technology research and development (R&D) capabilities,” says Wu Tianhua, CEO and founder of Tiger Brokers.
“As a world-leading online brokerage, we strive to elevate R&D to a new level, to let everyone enjoy a secure, stable, and superior global investing experience in one stop," Wu adds.
He continues: “In our relentless pursuit of a better infrastructure we redefine with technology for the next generation, these advantages will surely bode well for our future growth.”
Photo: Albert Chua/ The Edge Singapore
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