Interest income?
$Futu Holdings Ltd (FUTU.US)$
guys. just a quick question. lf the rates are going up, will futu earn more interest income？Fed is going to raise ya?
guys. just a quick question. lf the rates are going up, will futu earn more interest income？Fed is going to raise ya?
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Started Moo Moo : 25/Aug/2021
US Stocks / Options / Crypto
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TraderGoat : Great question, China actually reduced interest rates while the west increased interest rates. Not sure what will FUTU do, probably for markets in US, Singapore and Australia they will earn more on interest while their FUTUBULL app will maintain low interest for the Chinese mainlanders. Just my guess