Tiger Brokers Collaborates with Grafa to Elevate Trading Platform
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Tiger Brokers, an online brokerage focused on the APAC, has unveiled a novel partnership with Australian media fintech Grafa. This collaboration will roll out AI-driven data, analysis, and news into its Brokers’ brokerage app.
Through new this partnership between Australian media fintech Grafa and Tiger Broker, investors using the Tiger Trade app will gain access to near-real-time insights into the companies they invest in.
Grafa Seeks To Empower Retail Traders With Comprehensive Insights And Tools
The NASDAQ-listed online brokerage partnership aims to assist retail traders in making better investment choices by offering details on Australian and US stocks, Forex, the economy, and cryptocurrencies.
The integration of Grafa’s AI-powered newsfeed into the Tiger Trade app will offer access to users to data-driven news on popular assets.
Vice President of Tiger Brokers Australia, Jack Liang, highlighted the importance of such insights. He stated that as the majority of Australian users who trade both US and ASX stocks, gaining near-real-time insights about the firms they invest in is as crucial as gaining access to the United States market.
Moreover, Grafa will offer Tiger Trade users a 6-month free subscription to its innovative platform, which includes extensive data analysis, charting, and market-screening functionality. Grafa’s Chief Executive Officer, Heidi Cuthbert, underscores the platform’s proprietary personalizations that inform customers of significant events impacting their investments in real-time.
Cuthbert further stated that currently, Grafa has news and data regarding Australian and US stocks, but this will rapidly expand to encompass further global stock markets.
Tiger Brokers Set To Expand Cryptocurrency Trading And Financial Services Operations
Furthermore, Tiger Brokers is another offering update following a notable move in January to facilitate cryptocurrency trading for retail traders in Hong Kong.
However, this shift would be impossible without first expanding the license given by the Securities and Future Commission. This organization is held by the operator of the Tiger Brokers brand, UP Fintech Holding Limited.
Moreover, Tiger Fund Management, the parent company of the Tiger Broker Singaporean branch, unveiled its activities within the country after its Capital Market Service acquisition. With assets under management surging above 300 million SGD, valued at $220 million, the firm aims to offer diverse wealth management and asset management solutions to institutional clients and individuals.
Recently, Up Fintech revealed an increase in its financial metrics for the third quarter. This encompasses a significant rise in revenue, alongside an uptick in both the number of engaged users and trading volumes. The company’s revenue experienced a significant increase of approximately 27% over last year, while its total revenue surged to 13.5%.
