Growing Stock Market Enthusiasm, Increased Trading Activities, and Expansion of the Credit Business!
Increasing trading activities in volatile market phases drive revenue and profitability development!
Reading Time: 2 minutes
Generally speaking, it can be assumed for several months now, especially in the currently very volatile market phase, that trading venue operators and brokers are the major beneficiaries. This trend was also demonstrated on March 12 through the strong quarterly report from Futu Holdings Ltd., which showed a revenue growth of 45% compared to the previous year's period and an EPS increase of 77%. I can easily imagine that UP Fintech (TIGR), which will publish its quarterly report after the market closes on March 19, could also deliver positive surprises....
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