{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. 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It's not unusual for Wall Street quant luminaries to try their hand at tech.Nvidia Corp. shares erased $593 billion off of their market capitalization on Monday, the biggest daily loss in the history of the U.S. market, according to Dow Jones Market Data.His name is Liang Wenfeng, and he is the co-founder of the China-based quantitative hedge fund High-Flyer Quant and its artificial-intelligence lab business, DeepSeek. High-Flyer is one of the largest quantitative hedge funds operating in Chinese markets, the South China Morning Post reported, using algorithms, mathematical models and computers to bet on moves in financial markets.Shares of all three companies sank on Monday, although the carnage was nowhere near as intense as the selloff that afflicted Nvidia. 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Up to November 22, 2024, Wall Street has observed the launch of 587 different ETFs, noticeably higher than the 406 funds in 2023 up to the same point in the calendar year and the 358 in 2022.. Conversely, looking at the closures, market participants have observed a total of 162 funds shutting down in 2024. That figure is less than the 228 funds up to the same point in the calendar year in 2023, but a little more than the 118 ETFs that were liquidated in 2022. While there were many notable funds that launched in 2024, perhaps most noteworthy were the group of bitcoin  backed exchange-traded funds. 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