Company Information

Get to know Shangpiaoquan

Founded in 2005 and operated by Shanghai Pulan Financial Services Co., Ltd., Shangpiaoquan (商票圈) is a comprehensive service provider for China's commercial bill market. The company established itself as one of the first and largest professional bill brokerage firms in the country. Its mission is to enhance the liquidity and efficiency of the commercial bill market by offering a suite of services including transaction matching (brokerage), market data and analytics, professional consulting, and industry training. It serves a wide range of clients, including banks, financial institutions, and corporations involved in the issuance and trading of commercial bills.

Industry

Financial Other ServicePRIMARY
Financial Payment

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Shangpiaoquan

China

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.