Moomoo lands in Malaysia as part of global expansion plans

HAVING successfully secured a licence in Malaysia, global financial technology (fintech) company Futu Holdings Limited will launch its Moomoo trading platform today.

Dennis Jee (pic), chief operating officer of Moomoo Malaysia, said that the company had been granted a Capital Market Services Licence by the Securities Commission, which enables the group to engage in securities and derivatives trading, as well as clearing for securities and derivatives in Malaysia.