Moomoo To Offer Real-Time News From Reuters In Partnership With LSEG

Alex Cheong Pui Yin

23rd May 2024 - 2 min read

Investors who use moomoo Malaysia will now be able to access financial news updates in real time from Reuters on the global investing and trading platform, allowing them to make better informed decisions. This comes following the platform’s new partnership with the London Stock Exchange Group (LSEG), who is the exclusive distributor of Reuters news within the financial sector.

“This collaboration enables moomoo users complimentary 24/7 access to Reuters’ financial news, including live updates on stock markets, macroeconomic analysis, and in-depth market insights. Reuters is renowned for its impactful stories and exclusives on macroeconomics, mergers and acquisitions, executive movements, and corporate investigations,” moomoo said in an announcement post on its website.

Meanwhile, vice president of Moomoo Technologies Inc, Justin Zacks commented that this partnership is in line with moomoo’s commitment to delivering a robust investment experience for its users, particularly in terms of offering timely and high-quality market information.

“In partnership with the LSEG, we aim to expand the information and resources available to our users on the moomoo platform by providing in-depth news content from one of the leading global financial news organisations. We believe that with access to these comprehensive and timely financial insights, investors will be able to make investment decisions with greater confidence,” Zacks further commented.

The head of customer strategy and execution (North APAC) at LSEG, Yucheng Zhao also echoed a similar sentiment. “We believe that access to comprehensive, current news is essential for discerning market signals and making confident investment decisions. The retail investor community can obtain more reliable resources via our collaboration through our partnership with moomoo,” he said.

Aside from LSEG, moomoo is also providing users with market insights from nearly 1,300 institutions – including Bloomberg, Dow Jones, and Benzinga – with an integration of their premium news feeds, analyst ratings, and detailed analysis articles. It also recently partnered with Nasdaq for a promotion that allows users to enjoy a three-month free trial for Nasdaq’s advanced data feed subscription service, TotalView (Level 2 quote), for better insights.

(Source: moomoo [1, 2])

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Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

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