UP Fintech Holding Limited’s Singapore Subsidiary Receives Approval Regarding CDP Depository Agent in Singapore
October 28 2021 - 3:00AM
UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the
“Company”), a leading online brokerage firm focusing on global
investors, today announced that its Singapore subsidiary, Tiger
Brokers (Singapore) Pte. Ltd. (“TBSPL”), has received approval
to be admitted as a CDP Depository Agent.
The Company expects to use such approval to provide our clients
with a more comprehensive service offering and improve the user
experience in Singapore.
About UP Fintech Holding Limited
UP Fintech Holding Limited is a leading online brokerage firm
focusing on global investors. The Company’s proprietary mobile and
online trading platform enables investors to trade in equities and
other financial instruments on multiple exchanges around the world.
The Company offers innovative products and services as well as a
superior user experience to customers through its “mobile first”
strategy, which enables it to better serve and retain current
customers as well as attract new ones. The Company offers customers
comprehensive brokerage and value-added services, including trade
order placement and execution, margin financing, IPO subscription,
ESOP management, investor education, community discussion and
customer support. The Company’s proprietary infrastructure and
advanced technology are able to support trades across multiple
currencies, multiple markets, multiple products, multiple execution
venues and multiple clearinghouses.
For more information on the Company, please visit:
https://ir.itiger.com.
Safe Harbor StatementThis announcement contains
forward-looking statements. These statements are made under the
“safe harbor” provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as “may,” “might,” “aim,” “likely
to,” “will,” “expects,” “anticipates,” “future,” “intends,”
“plans,” “believes,” “estimates” and similar statements or
expressions. Among other statements, the business outlook and
quotations from management in this announcement, as well as the
Company’s strategic and operational plans, contain forward-looking
statements. The Company may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K,
in its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties, including the earnings
conference call. Statements that are not historical facts,
including statements about the Company’s beliefs and expectations,
are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: the cooperation with Interactive Brokers LLC and Xiaomi
Corporation and its affiliates; the Company’s growth strategies;
trends and competition in global financial markets; changes in the
Company’s revenues and certain cost or expense accounting policies;
the effects of the global COVID-19 pandemic; and governmental
policies relating to the Company’s industry and general economic
conditions in China and other countries. Further information
regarding these and other risks is included in the Company’s
filings with the SEC, including the Company’s annual report on Form
20-F filed with the SEC on April 28, 2021. All information provided
in this press release and in the attachments is as of the date of
this press release, and the Company undertakes no obligation to
update any forward-looking statement, except as required under
applicable law. Further information regarding these and other risks
is included in the Company’s filings with the SEC.
For investor and media inquiries please
contact:
Investor Relations ContactClark S. SoucyUP
Fintech Holding LimitedEmail: ir@itiger.com
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