The Sun (Malaysia)

Moomoo, Nasdaq reaffirm pledge to empower investors

Partners to enhance access to accurate, in-depth market data and to enable rational, informed decision-making

- PETALING JAYA:

Moomoo, a subsidiary company of Nasdaqlist­ed Futu Holdings and one of the world’s leading investment and trading platforms, signed a global strategic partnershi­p agreement with financial powerhouse Nasdaq yesterday to reaffirm their joint commitment to investor empowermen­t and improving market access.

As a next-generation digital brokerage, Moomoo Malaysia recognises the importance of providing retail investors with access to products that were once only available to select groups of individual­s. Its objective is to utilise technology to empower people from all walks of life with the tools and resources to attain financial independen­ce. Moomoo is committed to promoting financial education by helping people develop critical skills to make rational and informed decisions about their financial futures.

To that end, the Moomoo platform is replete with the resources needed to help investors make better informed decisions in their investment journey, such as its online learning portal Moo Learn and Moomoo Community.

“We hold Nasdaq’s dedication to creating equitable opportunit­ies in high regard, as it mirrors our commitment to fostering financial inclusivit­y and helping retail investors from diverse background­s realise their full potential. Realtime, accurate and in-depth market data are an important means to encourage investors to actively participat­e in various financial market transactio­ns.

“For many years, we have been promoting close cooperatio­n with major exchanges and data providers globally, including Nasdaq, to provide investors with the best data experience and to seize every investment opportunit­y,” Robin Xu, senior partner and senior vicepresid­ent of Southeast Asia and Oceania at Futu Holdings, said.

Moomoo Malaysia CEO Ivan Mok said, “The ongoing collaborat­ion between Moomoo and Nasdaq underscore­s our dedication not just to market access but to enriching investors’ knowledge and capa-bilities.

“Our platform is uniquely positioned to transform how our clients understand and interact with the markets, propelling them towards greater financial empowermen­t and independen­ce. By making Nasdaq TotalView available for free for a limited time, we are equipping our users with unrivalled insights and fostering a more transparen­t trading environmen­t. This is about putting powerful tools into the hands of those who were traditiona­lly left out of the conversati­on – empowering them to make smarter, more informed decisions.”

Nasdaq TotalView is a data product that includes full order book depth, including every single quote and order at every price level in Nasdaq.

Brandon Tepper, senior vicepresid­ent and global head of data at Nasdaq, said, “We’re continuing to hear from global investors about the need for transparen­cy and their interest in gaining access to the US markets. We’re excited to continue growing our partnershi­p with Moomoo to support retail investors through educationa­l content to help make more informed investment decisions as they navigate the financial ecosystem.”

The enhanced partnershi­p between Moomoo and Nasdaq is set to introduce more innovative educationa­l initiative­s in the future and unlock more opportunit­ies that help empower investors across the globe.

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