Lion Group Holding Ltd. (Hong Kong SAR, China)

The Company and its subsidiaries provide securities, futures and derivatives brokerage services, insurance brokerage services, total return swap trading services, and market maker trading services.
The Company and its subsidiaries (the Group ) provide securities, futures and derivatives brokerage services, insurance brokerage services, total return swap trading services, and market maker trading services. As a result of the consummation of a business combination (the “Closing”) with Proficient Alpha Acquisition Corp., a Nevada corporation (“PAAC”) which was accounted for as a reverse recapitalization, the Company's ordinary shares and warrants started to be traded on the NASDAQ Capital Market under the ticker symbols LGHL and LGHLW, respectively on June 17, 2020. Each American Depositary Shares (“ADSs”) of the Company represented one Class A ordinary share upon the Closing. On July 13, 2023, the ADS ratio was changed from one (1) ADS representing one (1) Share to one (1) ADS representing fifty (50) Shares. The number of ADSs and the price per ADS prior to the ratio change event herein have been retrospectively adjusted for its effect.
The Group generates commission revenues by enabling its customers to trade in securities, futures and derivative markets throughout the world. The Group's trading customers consist of corporate clients, individual traders and retail investors primarily located in People's Republic of China (“PRC”) and Southeast Asia, although its trading platform allows it to serve customers worldwide.
In May 2019, the Group began to serve as the counterparty to its customers in derivative transactions.
The Group officially began offering total return swap (“TRS”) trading services to customers in July 2020.
The Group started to enter over-the-counter (“OTC”) call option contracts with customers in April 2021
The Group has four primary operating segments (1) futures and securities brokerage services; (2) market making (CFD) trading; (3) TRS trading; (4) OTC stock option trading; and (5) others.
HISTORY
2020 The Company is a Cayman Island exempted company incorporated on February 11, 2020. The Company's ordinary shares and warrants started to be traded on the NASDAQ Capital Market under the ticker symbols LGHL and LGHLW, respectively on June 17, 2020. Each American Depositary Shares (“ADSs”) of the Company represents one Class A ordinary share.