BSTX‘s SEC approval does not involve crypto trading or any other form of use of blockchain technology.

New Zealand dollar slides to 4-month low The New Zealand dollar is in trouble. NZD/USD is down 0.57% on Friday, after posting losses for six consecutive days. The pair has plunged 2.56% this week and is at its lowest level since mid-September. The US dollar has powered higher this week, with impressive gains against the […]

SINGAPORE, Jan 28, 2022 - (ACN Newswire) - The Year of the Tiger is a special year for Tiger Brokers and in the spirit of celebrating the Lunar New Year, the retail trading platform is launching a Chinese New Year campaign, Gold Xi Fa Cai, with a series of exciting activities and attractive rewards such as gold giveaways for new and existing users.
Gold Xi Fa Cai

From now till 6 February 2022, Tiger Brokers will be giving away Chinese New Year gifts ranging from collectible Tiger Brokers figurines, limited edition Red Packets, Tiger merchandise such as notebooks, laptop sleeves and more at its Chinatown pop-up store located on Smith Street. To participate in the giveaway, customers can make their way down to the pop-up store to register an account and download the Tiger Trade APP, after which they can spin the Lucky Wheel and stand a chance to win the exclusive merchandise. Existing Tiger Trade users can also participate in this giveaway and just need to show their APP to spin the wheel, it is as easy as that! There will also be a photo taking session with Tiger Brokers' mascot as well as free balloons for kids at the pop-up store!

With a total prize of S$40,000 worth of gold, the Gold Xi Fa Cai online giveaway will take place from 14 February to 28 February 2022. New and existing users stand a chance to walk away with up to S$12,888 worth of gold by making their first trade with Tiger Brokers or referring a friend to open an account with a minimum deposit, subject to terms and conditions.

Eng Thiam Choon, Chief Executive Officer of Tiger Brokers (Singapore), shares: "At Tiger Brokers, we are constantly striving to provide the best trading experience possible to our users, while keeping up with the latest trends to tailor our products and services to meet investor demand and evolving customer behaviours. With social media being so rampant and more young investors emerging, this gives us the blueprint to focus on enhancing our platform and features as we embark on their trading and investment journey together. So far, we have seen a 660% increase in accounts opened and a 780% increase in accounts funded on Tiger Trade in 2021."

Please visit the website for more information on how to participate in the Gold Xi Fa Cai lucky draw. Usher into the year of the tiger and kick start new ways of investing with Tiger Brokers.

About Tiger Brokers (Singapore) Pte Ltd.

Tiger Brokers (Singapore) Pte Ltd ("Tiger Brokers (Singapore)") is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade - available on both online and mobile app (Apple App Store and Google Play Store) offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. Its online and mobile app trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates.

Through Tiger Trade, Tiger Brokers (Singapore) offers retail investors in Singapore access to six global exchanges in the US (NYSE, NASDAQ), China (Shanghai/Shenzhen-Hong Kong Stock Connect), Hong Kong (HKEX), Singapore (SGX) and Australia (ASX), with access to investment offerings such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities, and Fund Mall.

Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Limited (NASDAQ: TIGR), known as "Tiger Brokers" in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded "2017 Fintech 250" by CB Insights and shortlisted for "China Leading Fintech 50" for two years in a row by KPMG China. The company was listed on NASDAQ under "TIGR" in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 1.7 million customers worldwide currently, with a total trading volume exceeding USD92.6 billion in Q3 2021. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit https://www.tigerbrokers.com.sg

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: [email protected]

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients ("Prospects") are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects' investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

Tiger Brokers (Singapore) Pte Ltd (herein "Tiger Brokers") may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient's information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe Year of the Tiger is a special year for Tiger Brokers and in the spirit of celebrating the Lunar New Year, the retail trading platform is launching a Chinese New Year campaign, Gold Xi Fa Cai, with a series of exciting activities and attractive rewards such as gold giveaways for new and existing users.

Hong Kong’s Securities and Futures Commission (SFC) has reprimanded Citigroup Global Markets Asia Limited and slapped a fine of HK$348.

The US dollar is running roughshod over the Swiss franc this week. USD/CHF has shot up 2.16% this week, rising to its highest level since November. In the European session, the Swiss franc is trading slightly above the 0.93 level. Swiss economic outlook remains favourable The KoF Economic Barometer, a key indicator, rose to 107.8 […]

Robinhood posted its fourth quarter earnings today, showing a decline in crypto-based transaction revenues.

The post Robinhood looks to beef up crypto offering after Q4 revenue slide appeared first on The Block.

Market volatility is not going away anytime soon as the ‘buy the dip’ crowd has a new motto, ‘sell the rally’.  Today’s stock market rally did not last as corporate America reminded us that supply chain troubles persist, and profit forecasts are not providing any reasons to be optimistic.  Many traders are still processing what […]

The US dollar has posted strong gains against the majors on Thursday, and GBP/USD has fallen 0.64% on the day, trading below the 1.34 line. It has been a dismal week for the pound, which has lost 1.29% in value. Powell powers the US dollar upwards The FOMC didn’t make any changes to policy at […]

What started off as a calm week has turned into a rout. The euro is down 0.83% in the North American session and has fallen into 1.11 territory for the first time since June 2020. The currency has taken a nasty spill this week, falling a massive 1.73%. US GDP outperforms The markets are still […]

Early Wednesday looked benefitting for the equities, crypto markets, and precious metals that did effectively during the trading session, just a little before the U.S. Central finished their meeting with the Federal Open Market Committee (FOMC). In a press release, the FOMC mentioned of the rise of the benchmark curiosity rate, however, Jerome Powell led by Central Financial Institution mentioned that the FOMC is thinking to ‘raise the federal funds rate at the March meeting.’ The statement of Powell followed by the FOMC meeting with the U.S. Central has observed a hawkish-kind of behavior amongst the buyers alongside the world market dipping in value.  The Clash – While Jerome Powell Wishes the Federal Funds Rates Change in March, FOMC Plans to Speed Up the Process In the press release on Wednesday, the FOMC mentioned that as the inflation rate is about 2 percent followed by a strong labor market, the Committee believes that it can soon raise the federal funds rate target range. As this statement by the FOMC highlights ‘soon,’ it translates that the U.S. Central Bank plans to maintain the baseline interest untouched, at least for now. Furthermore, the press conference attendees were explained by Powell about his opinion and taking into respect the views of most FOMC participants as well, “Inflation risks are still to the upside. There is a risk that the high inflation we are seeing will be prolonged. There’s a risk that it will move even higher. You asked what the risks are, and we have to be in a position with our monetary policy to address all of the plausible outcomes.” To back his opinions, Jerome Powell also said that the benchmark rate may increase in March, and noted that getting the Fed’s balance sheet down will certainly take some amount of time. Powell continued to stress the fact that, “The committee is of a mind to raise the federal funds rate in March assuming that the conditions are appropriate for doing so.”  Situation Following the Fed Statements With the stock markets closing, the following statistics were observed; NYSE dipped 103 factors, the Dow Jones Industrial Average dipped 129 factors. Howbeit, the NASDAQ maintained its position just a few percentages above, and S&P 500 lost only a few percentages. Accompanying the stock market closing, the value of 1 ounce of .999 fine gold slipped down to 1.77% and 1 ounce of .999 fine silver fell to 2.48%.  In consideration of that, the Gold bug and Economist Peter Schiff tweeted, “Powell said that the Fed will begin shrinking its balance sheet at the appropriate time.” He further stated that Powell has no certainty about when the shrinking of the balance sheet will begin and if the FOMC hasn’t discussed this, then what have they done? With the value of gold slipping after Powell’s statements, some users started trolling Schiff.  Even the world cryptocurrency market capitalization was affected greatly, as it dropped greater than 2% to 1.71 trillion. Also, the main crypto-asset bitcoin was a risk-taking task, but this revealed on the Bitstamp that the BTC jumped from $37,400 to #38,946. Just a few hours after Powell’s statement, various high ten crypto properties were lost between 2% to 7% in a few hours. 

The post Followed by Powell’s Statements; Precious Metals, Crypto Markets, and Stocks Waver appeared first on Cryptoknowmics-Crypto News and Media Platform.

USD/CAD has edged higher on Thursday and briefly pushed above the 1.27 line for the first time in three weeks.  The Canadian dollar continues to lose ground and is down 1% this week. Wednesday was a busy day on the central bank watch, with both the Bank of Canada and the Federal Reserve holding meetings. […]