The official announcement of Futujun is here! A new member has been added to the Futu license family,Futu Securities has obtained a financial license to provide automated trading services (No. 7) issued by the Hong Kong Securities Regulatory Commission (SFC) and has become an automated trading service (ATS) provider.Up to now, Futu Securities has held six types of financial licenses from the Hong Kong Securities Regulatory Commission (1/2/4/5/7/9 license).

As for Futujun, the license granted this time, wants to popularize science. According to Part 2 of Schedule 5 of the Hong Kong Securities Regulatory Commission's “Securities and Futures Ordinance”, the provision of automated trading services refers to services provided through electronic facilities other than those provided by authorized exchanges or authorized settlements,An explanation in layman's terms,Only institutions that have obtained a financial license to provide automated trading services (No. 7) can set up automated trading services, operate matching customer orders through self-developed online trading platforms, and independently provide customers with securities, futures, foreign exchange, bonds, etc.. After obtaining the No. 7 license, Futu Securities will have an opportunity to provide more convenient dark market trading services to Niuyou and achieve an integrated, fully closed loop IPO subscription process through a self-developed dark market transaction matching system. Please stay tuned!