The companies, products and regulatory developments shaping the broker industry.
Audited filings connect five group brokers to Futu Clearing, revealing $56.6 million of affiliate fees, multibillion-dollar financing balances and a single US infrastructure hub behind several local Moomoo markets.
Futu’s published year-end and June figures show margin financing and securities lending rising about 40.5%, against 13.5% growth in client assets, while interest income nearly matched brokerage commissions.
US customers gain premarket and post-close access through Cboe, with account approval and session instructions determining what can actually trade.
The Visa and Checkout.com connection lets eligible US clients fund accounts around the clock. Apple Pay and Google Pay share one allowance, and banks can review transfers.
Selected equity options gained a 07:30–09:25 Eastern session on 19 October, with a short late window for some classes. Broker support, contract eligibility and order instructions determine the usable access.