Company: TOP
Filing Date: 2025-03-14
Form Type: POS AM
Source: 0001213900-25-024160
Chunk: 21

Company: TOP Financial Group Ltd
Filing Date: 2025-03-14
Form: POS AM
Chunk 21
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 Exchange (CME), Hong Kong
Futures Exchange (HKFE), The New York Mercantile Exchange (NYMEX), The Chicago Board of Trade (CBOT), The Commodity Exchange (COMEX),
Eurex Exchange (EUREX), ICE Clear Europe Limited (ICEU), Singapore Exchange (SGX), Australia Securities Exchange (ASX), Bursa Malaysia
Derivatives Berhad (BMD), and Osaka Exchange (OSE). Our continuous efforts focusing on offering value-added services and access to exchanges
around the globe, compounded with user friendly experience, have enabled us to become one of the fast-growing online trading platforms
for our clients. Our trading volume of futures contracts was 2.64 million trades in fiscal year 2022, 2.97 million trades in fiscal year
2023, and 2.27 million trades in fiscal year 2024. Our trading volume of futures contracts was 0.35 million trades in the six months
ended September 30, 2024 and 0.55 million trades in the six months ended September 30, 2023. Our total registered customer number increased
from 292 as of March 31, 2022 to 296 as of March 31, 2023, to 329 as of March 31, 2024, and further increased to 343 as of September
30, 2024. In fiscal year 2022, we had 74 revenue-generating accounts in total, including 16 accounts for futures trading, 15 accounts
for securities trading, 34 accounts for structured notes subscriber services and 9 accounts for trading solution service. In fiscal year
2023, we had 34 revenue-generating accounts in total, including 12 accounts for futures trading, 12 accounts for securities trading,
no account for structured notes subscriber services and 10 accounts for trading solution service. In fiscal year 2024, we had 51 revenue-generating
accounts in total, including 15 accounts for futures trading, 27 accounts for securities trading and 9 accounts for trading solution
service. In the six months ended September 30, 2023, we had 46 revenue-generating accounts in total, including 8 accounts for futures
trading, 29 accounts for securities trading, nil accounts for structured notes subscriber services, and 9 accounts for trading solution
services. In the six months ended September 30, 2024, we had 14 revenue-generating