Welcome to our dedicated page for Up Fintech Hldg news (Ticker: TIGR), a resource for investors and traders seeking the latest updates and insights on Up Fintech Hldg stock.
UP Fintech Holding Ltd (NASDAQ: TIGR), also known as Tiger Brokers, regularly publishes detailed updates on its performance and operations, making its news flow important for investors following online brokerage and securities dealing businesses. Company news often centers on quarterly financial results, trading activity across markets, client asset growth and the expansion of its product and service offerings.
Recent announcements describe record revenues and net income, rising total account balances, and increases in the number of customers with deposits. The company reports strong trading volumes in equities, options and futures, along with higher net asset inflows driven largely by retail investors. These updates provide insight into how trading behavior and client engagement are evolving on the Tiger Trade and TradeUP platforms.
UP Fintech’s news also covers developments in key markets such as Singapore, Hong Kong, the United States, Australia and New Zealand. Releases highlight initiatives like cash management products under the Tiger Vault brand, digital asset trading and crypto deposit and withdrawal services in certain jurisdictions, and new features in the TigerAI research assistant. Corporate business updates include participation in Hong Kong and US IPOs, ESOP client additions and growth in assets on the TradingFront TAMP platform.
For investors tracking TIGR, the news stream offers a view into segment performance, geographic trends, product adoption and the company’s use of technology and AI in brokerage, wealth management and digital assets. This page aggregates those items so readers can review earnings releases, operational milestones, licensing developments and subsidiary activities such as those at YAX Exchange in Hong Kong.
UP Fintech Holding Limited (TIGR) reported strong financial results for Q4 and full-year 2021. Q4 revenue reached US$62.2 million, with total annual revenue at US$264.5 million, a growth of 91% year-over-year. The firm added 414,700 new funded accounts in 2021, surpassing its target by 119%. Notably, trading volume surged to US$85.9 billion in Q4, and client assets hit US$17.1 billion. The company continues to expand internationally, with over 90% of new accounts from outside China, particularly Singapore, where it holds a market share of 15% of the relevant population.
UP Fintech (NASDAQ: TIGR) reported its Q4 and FY 2021 financial results, with Q4 revenue reaching US$62.2 million, a 31.7% increase year-over-year, and FY revenue at US$264.5 million, up 91.0%. The company added 61,400 funded accounts in Q4, totaling 673,400 by year-end. However, it faced a net loss of US$5.4 million for Q4, contrasting with a net income of US$8.5 million in the previous year. Despite a 17% quarterly decline in total client assets to US$17.1 billion, the company emphasized successful expansion into Australia and solid performance in corporate services.
UP Fintech Holding Limited (NASDAQ: TIGR) will announce its fourth-quarter financial results for the period ending December 31, 2021, on March 18, 2022, before U.S. market opens. Management will host a conference call at 8:00 AM ET, allowing investors to preregister for participation. The call will include a live and archived webcast, providing an opportunity for stakeholders to review the company’s performance and outlook. UP Fintech focuses on providing a superior trading experience through its mobile-first platform, serving global investors across various financial instruments.
Interactive Brokers Group, Inc. (Nasdaq: IBKR) reported GAAP diluted EPS of $0.67 and adjusted EPS of $0.83 for Q4 2021. Total net revenues were $603 million, up from $599 million in Q4 2020. The company declared a quarterly dividend of $0.10 per share, payable on March 14, 2022. Customer accounts surged 56% year-over-year to 1.68 million, and customer equity rose 30% to $373.8 billion. However, net interest income increased 31% to $70 million, but other income fell $104 million mainly due to investments in Tiger Brokers.
UP Fintech Holding Limited (TIGR) reported its Q3 2021 financial results, showing a 59.6% revenue increase year-over-year, totaling US$60.8 million. Non-GAAP net income stood at US$5.3 million. The company achieved a significant rise in customer accounts, with a total of 1.77 million and 612,000 accounts making deposits, driven by international expansion, particularly seeing over 80% of new funded accounts from overseas. UP Fintech plans further growth in Hong Kong and Singapore, having acquired new licenses for expanded service offerings.
UP Fintech Holding Limited (NASDAQ: TIGR) announced its Q3 2021 results, showcasing a 59.6% increase in total revenues to US$60.8 million. Net income surged to US$20.5 million, up from US$5.8 million year-over-year. The company successfully added 82,900 funded accounts in Q3, exceeding its earlier guidance. Key expansions include the acquisition of Ocean Joy Securities and the establishment of a dual headquarters in Singapore, enhancing its international growth strategy. Total account balance increased 88.3% year-over-year to US$20.6 billion.
UP Fintech Holding Limited (NASDAQ: TIGR) announced its addition to the MSCI China Small Cap Index, effective at market close on Nov 30, 2021. This inclusion acknowledges the company's expanding user base and platform capabilities, particularly appealing to global investors. The MSCI China Small Cap Index consists of 254 constituents and represents about 14% of China's market capitalization. UP Fintech's internationalization strategy, particularly since its entry into Singapore in 2020, has significantly contributed to its growth, with over 60% of new accounts from international markets.
UP Fintech Holding Limited (NASDAQ: TIGR) announced it will release its third-quarter financial results for the period ending September 30, 2021, before U.S. markets open on November 30, 2021. The company will host an earnings conference call at 8:00 AM Eastern Time. Due to COVID-19, participants must preregister for the call, as operator-assisted calls are not available. The call will be accessible via a live and archived webcast on their investor relations website.
UP Fintech Holding Limited (Nasdaq: TIGR) announced that its Singapore subsidiary, Tiger Brokers (Singapore) Pte. Ltd. (TBSPL), has received approval as a Trading Member of Singapore Exchange Securities Trading Limited (SGX-ST) and as a Clearing Member of The Central Depository (Pte) Limited (CDP). This approval aims to enhance user experience and strengthen TBSPL's market presence in Singapore. UP Fintech emphasizes its commitment to providing superior services and innovative trading solutions to global investors.
UP Fintech Holding Limited (Nasdaq: TIGR) has successfully completed the acquisition of Ocean Joy Securities Limited, a firm licensed by the Hong Kong Securities and Futures Commission for regulated activities. This acquisition enables UP Fintech to commence its brokerage operations in Hong Kong, enhancing its market presence. The company aims to leverage its advanced technology and mobile-first strategy to improve customer service and attract new clients while providing diverse financial instruments across multiple exchanges globally.
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