FUTU News & Events

The U.S. Securities and Exchange Commission is investigating Susquehanna International's claims that unknown insider traders made $100M on options bets ahead of a recent Chinese regulatory crackdown on cross-border brokerages, Bloomberg's Lydia Beyoud and Ava Benny-Morrison reports, citing a person familiar with the matter. Susquehanna disclosed its claims in a lawsuit filed earlier this week in Manhattan federal court, and the SEC is looking at the trades described in the firm's complaint, the authors say. On Monday, a federal judge granted Susquehanna's request for an order freezing accounts at Interactive Brokers (IBKR), Futu Holdings (FUTU), and UP Fintech (TIGR), which the defendants allegedly used to make such trades, the author notes.

The U.S. Securities and Exchange Commission is investigating Susquehanna International's claims that unknown insider traders made $100M on options bets ahead of a recent Chinese regulatory crackdown on cross-border brokerages, Bloomberg's Lydia Beyoud and Ava Benny-Morrison reports, citing a person familiar with the matter. Susquehanna disclosed its claims in a lawsuit filed earlier this week in Manhattan federal court, and the SEC is looking at the trades described in the firm's complaint, the authors say. On Monday, a federal judge granted Susquehanna's request for an order freezing accounts at Interactive Brokers (IBKR), Futu Holdings (FUTU), and UP Fintech (TIGR), which the defendants allegedly used to make such trades, the author notes.