Clients' monies and assets are safeguarded and/or held with regulated financial institutions and custodians in the respective jurisdictions. For example:
In Singapore, services are provided via Moomoo Financial Singapore Pte. Ltd. (“Moomoo SG”), which is regulated and licensed by the MAS. Singapore-listed securities are held through CDP sub-accounts under Moomoo SG’s depository agent arrangement with The Central Depository (Pte) Limited (“CDP”).
For United States market, transactions are executed, cleared and settled through Futu Clearing Inc., which is registered with the SEC and is a member of FINRA, DTCC, OCC and SIPC. US-listed securities are mainly held in custody through The Depository Trust Company (“DTC”).
For Hong Kong market, transactions are conducted through Futu Securities International (Hong Kong) Limited, which is licensed and regulated by the SFC. HK-listed securities are mainly held through the Central Clearing and Settlement System (“CCASS”) and Derivatives Clearing and Settlement System ("DCASS") of the Hong Kong Stock Exchange, and financial institutions or counterparties.
For Japan market, securities transactions are conducted through Moomoo Securities Japan Co., Ltd., a registered Financial Instruments Business Operator supervised by the FSA of Japan and the relevant Local Finance Bureau. Moomoo Securities Japan Co., Ltd. is also a member of the Japan Securities Dealers Association (“JSDA”) and the Investment Management Association of Japan (“IMAJ”). JP-listed securities are held through the Japan Securities Depository Center, Inc. (“JASDEC”).