Moomoo Malaysia Enhances Global Market Access with Singapore Exchange (SGX) Trading
Futu Holding's overseas independent brand, moomoo, has been committed to connecting investors to global investment opportunities. Just six months after its launch in Malaysia, Moomoo Securities Malaysia Sdn. Bhd. (Moomoo Malaysia) announced its integration with the Singapore Exchange (SGX), the premier stock exchange in Asia. Malaysian investors can now trade stocks, ETFs, REITs, Structured Warrants, and DLCs from the SGX directly through the moomoo app.
By integrating products from the SGX, Moomoo Malaysia brings diversified trading opportunities to Malaysian users, empowering local investors to seize Singapore's dynamic market and explore new global investment opportunities.
In order to improve the international trading experience, Moomoo Malaysia provides robust educational resources and professional tools. With advanced analytics, real-time data, and intuitive screening functions, local investors can understand the nuances of international markets, enabling them to make informed decisions.
Moomoo Malaysia has set a competitive pricing on SGX trades, including 0% commission*, significantly lowering the cost barriers for investors and encouraging a broader demographic of Malaysians to participate in the equity markets.
“Our goal has always been to democratise investment opportunities for Malaysians. By integrating SGX offerings into our platform, along with our market insights, tools and educational resources, we are enabling our users to tap into a diverse and robust market, thereby fostering more informed and strategic investment decisions. This is a significant milestone in our journey to enhance financial inclusivity and literacy among Malaysian investors,” said Ivan Mok, CEO of Moomoo Malaysia.
This expansion not only benefits investors but also offers significant advantages to listed companies. More and more SGX-listed companies are turning to Moomoo to reach its extensive regional base of investors. Moomoo's Investor Relations (IR) solutions for SGX-listed companies have been gaining traction, providing these companies with unparalleled access to a broader investor base in the region.
Since its launch in February this year, Moomoo Malaysia has been dedicated to promoting financial literacy and empowering local investors to achieve their investment goals with comprehensive knowledge and tools. Currently, Moomoo Malaysia has amassed over 300,000 users and has become the top 1 investment app in terms of downloads and daily active users in Malaysia.
*0% commission for 180 days only. Full T&Cs and other fees apply.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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