TIGR is listed on the Nasdaq
Current price: 16.90
Recent high: 38.50
~140m shares outstanding
market cap: 2.7 Billion
***”Interactive Brokers Announces Strategic Investment in Tiger Brokers” -Business Wire***
Founded in 2014, Tiger Brokers is a leading global online broker.
We are on a mission to make investing more efficient for all. By using next generation technology, Tiger enables clients to trade a wide range of securities across multiple global markets and currencies.
In August 2015, we launched our proprietary trading platform, Tiger Trade, with the aim of improving global Chinese investors’ ability to allocate their assets internationally. By lowering commissions, providing a more user-friendly experience and greater access to financial information, we soon became the platform of choice for global Chinese investors to trade U.S. securities. In November 2017, we launched IPO subscription services and began to allow our clients to participate in the growth of leading companies. Clients may now use Tiger Trade to trade equities in The U.S., Hong Kong, Singapore, and Australia as well as futures, options, and funds.
Tiger Brokers has offices in Singapore, New York, Beijing, Auckland, and Sydney and employees close 10001 people. The firm presently holds brokerage licenses in Singapore, The U.S., New Zealand, and Australia. In March 2019, Tiger Brokers was listed on Nasdaq with the ticker TIGR. In addition to brokerage, Tiger Brokers has also launched a number of value-added services that include ESOP management, investment banking, wealth management, and investor education.
Tiger Brokers is backed by a prestigious group of shareholders, including Interactive Brokers, Xiaomi, ZhenFund, and noted investor Jim Rogers. The firm has also been recognized for its innovative trading platform and has been named to KPMG’s Fintech 100 and C.B. Insights’ List of Unicorn Companies.
Tiger Brokers continues to grow rapidly and we look forward to expanding our innovative platform and creating new links between global financial markets.
Market share of online brokers for global Chinese investors in 2017 2
Global Account Holders 3
Annual Trading Volume (USD) 4
***”The 5 analysts offering 12-month price forecasts for UP Fintech Holding Ltd have a median target of 25.76, with a high estimate of 38.67 and a low estimate of 21.06. The median estimate represents a +52.43% increase from the last price of 16.90.” – CNN Business***
If you know who went to $85 today, why in God’s name is this trading at $16 (aside from the overhyped Chinese fear)?