Quarterly report pursuant to Section 13 or 15(d)

PREPAYMENT AND OTHER CURRENT ASSETS (Details)

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PREPAYMENT AND OTHER CURRENT ASSETS (Details) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Advertising and promotional services $ 536,470 $ 296,163
Prepaid professional fee 185,937 0
Prepaid rental expense 145,009 60,822
Prepaid insurance 102,805 31,082
Prepaid maintenance of trading system 50,017 17,514
Staff advance 4,790 28,806
Prepaid financial advisory and banking services 97,884 201,808
Short-term borrowings to third party 0 259,254
Other current assets 17,585 72,997
Prepayment and other current assets $ 1,140,497 $ 968,446