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Some questions answered

1. No, they do NOT lend out our shares unlike robinhood and webull
2. Our orders are randomly routed through 1 of the 16 exchanges
3. They did not confirm nor deny on the practice of PFOF (Fidelity looking more feasible because of this)

Do with the information what you will, if you have any questions please ask customer support directly

Some questions answered
Some questions answered
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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  • Jet Bomb Mrsjmunoz : they are just slow. it's the better platform & shitadel doesn't have its hands in it.

  • Mrsjmunoz Jet Bomb : I love the platform

  • disassembly line : we go over the share lending subject like twice a month in this comment section, guys. jeez...

  • Jet Bomb disassembly line : it's for the newbies

  • chris from queens : MooMoo is a subsidiary of FUTU and they told me they don't have a direct way of how shares flow like you said there's 16 ways but if they are doing that stock lending program which I think they are, they will gladly change it because FUTU REALLLYY wants to keep their US clients happy they want to be BIG in US.  I believe what I was told that US clients who buy shares don't get their shares lent out...

  • aki96 OP chris from queens : Yeah they aren't doing it for now, keyword is "for now" so keep a lookout folks

  • chris from queens Mrsjmunoz : ehhhh they are ok..they are like any other customer service they are like robots reading a computer screen... but if you ask them a question that they cannot answer they will ask if they can get back to you so they can contact the proper department to get the answer for you and they did follow up regarding this current situation I inquired about 2 weeks ago and what they told me was it's in the terms of service of FUTU.. that they are not necessarily part of a lending program but the share flow could go to whoever they are dealing with but continue to stress that US clients DO NOT HAVE THEIR SHARES LENT OUT.  I have not read the TOS of FUTU for MOOMOO but I do get the feeling that they are really trying to do the opposite of RobingHood and webull and it makes sense because food too really wants to become a big presence in the United States.. we shall see

  • chris from queens aki96 OP : yeah for now but once clients especially from US start complaining if they do start doing that and threaten to leave they will about face..they need us and I just want to clarify they need all of us wherever you are from..they wanna keep their Singaporeans happy as well as wherever else..they are newer and definately do not want to copy what US trading platforms majority of them except for a select great few..AMC is big for MooMoo.. the reason why I started with MooMoo was because it wasn't part of the whole scheme that is going on with the robin hoods and the webulls and whoever else.  They are all in on it because they are getting a piece of the pie.. at the end of the day it's 2021 and we're being shorted by 70 to 80 year old white men (white myself) who are out of touch with reality and think everything is done the same way that they did it in the 90s...Noooooo! out of touch people become people of the past, and AMC will be the biggest transfer of wealth in the history of anything.. these greedy billionaires don't want the regular person to excel financially even a dollar profit LMFAO.. THAT IS WHY I SAY IT'S 2021 IT'S A NEW DAY A NEW ERA AND WE WILL SEE THE BIGGEST FINANCIAL TRANSFER OF WEALTH EVER MARK MY WORDS ON THAT.. YOU NEVER SEEN A BRINKS TRUCK FOLLOWING A HEARSE RIGHT??? I don't wish death on anyone but death is inevitable just like AMC squeezing is inevitable but is being held up by these old 70 to 80 year old white men were about to literally kick the can in life, but that used to kicking the can... change is inevitable as well patience and perseverance equal change so hang tight APEs... the patience and perseverance will pay off tenfold or telephone number fold 🤤 APE = All People Equal. 🦍💎🍿🚀

  • Ape Femme Jet Bomb : Needed to know information. Thanks

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