Tiger Brokers achieved a total revenue of 60.78 million US dollars in the third quarter, a year-on-year increase of 59.6%, it has achieved an impressive Non-GAAP net profit of USD 5.26 million.
Tiger Brokers continued to actively promote its internationalization strategy. By the end of the third quarter, Tiger Brokers' global account opening customers increased by 118,000 to 1.767 million, nearly twice that at the end of the same period last year; The number of global cash-in customers increased to 612,000, nearly three times that at the end of the same period last year, and over 80% of the newly added cash-in customers in a single quarter came from overseas. It is worth mentioning that Tiger International has accumulated 353,000 new customers in the first three quarters, and completed the annual deposit guideline of 350,000 ahead of schedule.
Tiger Brokers continue to firmly invest in technological innovation, provide safe, inclusive and convenient products and services for global investors with science and technology on the basis of compliance and self-discipline, and demonstrate technological innovation strength.
The firm rigidly adheres to all regulatory requirements in the jurisdictions it operates in. Presently the firm possesses 46 licenses in 36 categories across a wide range of global jurisdictions including Singapore, Hong Kong SAR, US and Australia among others. The firm continues to execute its internationalization strategy, more than 90% of newly funded accounts were derived from international markets outside of mainland China.
Compliance with laws and regulations is core to Tiger Brokers' operations. Should there be any new regulations introduced in the future, across global jurisdictions, the firm will strictly comply with relevant regulatory guidelines and enact appropriate compliance protocols.
$Tiger Brokers(TIGR)$$Bank of America(BAC)$$Goldman Sachs(GS)$
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