Innovative online trading platform moomoo announces the appointment of Michael McCarthy as its new chief commercial officer. The well-known Australian financial markets commentator brings more than four decades of market expertise, strategic leadership, and an exceptional track record in financial services to this pivotal role. 

Michael’s deep market knowledge and excellent communication skills have earned him recognition as one of the most influential market analysts in the industry. His previous roles include chief strategy officer at Tiger Brokers (AU) and chief market strategist at CMC Markets. 

In his new role, Michael will lead moomoo's strategic direction, market expansion and customer engagement across the region. His proven ability to identify and capitalise on market opportunities will be instrumental in advancing moomoo's mission to provide innovative trading solutions to Australian investors.

Moomoo Australia head Biyi Cheng said Michael’s strategic insights and leadership have consistently delivered exceptional results, making him the ideal choice to helm moomoo's local operations.

“Michael's dedication to investor education aligns perfectly with moomoo's commitment to empowering traders through knowledge,” he said.

Moomoo leverages artificial intelligence to deliver an intuitive and powerful investing experience for both beginners and seasoned traders.

Michael says moomoo’s evident popularity over the past two years highlights a critical market need.

"In my extensive career I’ve seen many investors feel overwhelmed by the sheer volume of information available on companies and stocks. The internet is brimming with data, but knowing where to look and how to interpret it is a daunting task," he said.

"AI technology allows us to present information in a way that is both contextual and user-friendly, making it easier for investors to navigate and make informed decisions."

Commenting on his appointment, Michael said he was honoured to join moomoo at such an exciting time in its journey. 

“Moomoo's innovative platform and dedication to customer success resonate with my own commitment to advancing financial literacy and market understanding,” he said.

“I look forward to working with the talented team at moomoo to drive growth and deliver exceptional value to our clients in Australia."

About moomoo:

Moomoo supports Australian investors of all backgrounds and experience levels through its award-winning app. Our mission is to eliminate barriers to investing and equip users with the tools they need to achieve their goals.

Moomoo's parent company is Nasdaq Listed (NASDAQ stock code: FUTU). It is a NYSE global strategic collaborator and is backed by various strategic and venture capital investors including BlackRock Inc. and Sequoia Capital. Find out more about moomoo Australia.