brokers

Online Brokerage Tiger Brokers Kicks off Green Sustainability Efforts Through WWF-SINGAPORE Partnership

indie 28 2 月

8 minutes

SINGAPORE, Feb 28, 2022 - (ACN Newswire via SEAPRWire.com) - Tiger Brokers (Singapore) Pte. Ltd. ("Tiger Brokers Singapore") today announced a partnership with World Wide Fund for Nature Singapore (WWF-Singapore) to promote green sustainability efforts in Singapore. Tiger Brokers, as the lead sponsor with WWF-Singapore, will be launching the first AR-mazing Tiger Trail at Gardens by the Bay on 26 February, to kickstart the company's sustainability agenda in 2022.WWF-Singapore's AR-mazing Tiger Trail will feature a 3-part island-wide trail that focuses on tiger conservation and other key environmental causes impacting the planet today, using art as a vehicle to educate, spark discussion and action. Today, there are approximately 3,900 tigers left in the wild. According to WWF-Singapore, the overall tiger populations are declining and many are still at risk. In some areas of Southeast Asia such as Cambodia, Lao PDR and Vietnam within the last 25 years, tigers have completely disappeared.Eng Thiam Choon, Chief Executive Officer, Tiger Brokers (Singapore), shared "Together with WWF-Singapore, we aim to raise global awareness of the importance of tiger conservation efforts globally and ...

Online Brokerage Tiger Brokers (Singapore) Makes It Easy for Users to Fund Their Investment Portfolio

indie 17 2 月

6 minutes

SINGAPORE, Feb 17, 2022 - (ACN Newswire via SEAPRWire.com) - Tiger Brokers (Singapore) Pte. Ltd. ("Tiger Brokers Singapore") today announced a partnership with Wise, the global technology company building the best way to move money around the world, to offer investors cheaper and faster international money transfers to their trading account at Tiger Brokers Singapore.With the new offering, Singapore investors will now be able to seamlessly transfer funds from their overseas bank accounts to Singapore Dollar (SGD) in real-time and execute trades on Tiger Trade app within minutes. Through the Tiger Trade app, users will be able to get the real exchange rate and see the fees upfront with no hidden costs. Additionally, transfers are fast - 45% of all transfers globally sent on Wise are instant (less than 20 seconds). These features not only help reduce transfer fees but also shorten the time needed to move funds between their bank accounts and trading account at Tiger Brokers Singapore.Eng Thiam Choon, Chief Executive Officer, Tiger Brokers Singapore, shared, "We are excited to partner with Wise to be the first to offer investors a faster, cheaper and more convenient way to transfer di...

Tiger Brokers Celebrate the Year of the Tiger with Gold and More

indie 28 1 月

6 minutes

SINGAPORE, Jan 28, 2022 - (ACN Newswire via SEAPRWire.com) - The Year of the Tiger is a special year for Tiger Brokers and in the spirit of celebrating the Lunar New Year, the retail trading platform is launching a Chinese New Year campaign, Gold Xi Fa Cai, with a series of exciting activities and attractive rewards such as gold giveaways for new and existing users.Gold Xi Fa CaiFrom now till 6 February 2022, Tiger Brokers will be giving away Chinese New Year gifts ranging from collectible Tiger Brokers figurines, limited edition Red Packets, Tiger merchandise such as notebooks, laptop sleeves and more at its Chinatown pop-up store located on Smith Street. To participate in the giveaway, customers can make their way down to the pop-up store to register an account and download the Tiger Trade APP, after which they can spin the Lucky Wheel and stand a chance to win the exclusive merchandise. Existing Tiger Trade users can also participate in this giveaway and just need to show their APP to spin the wheel, it is as easy as that! There will also be a photo taking session with Tiger Brokers' mascot as well as free balloons for kids at the pop-up store!With a total prize of S$40,000 wort...

Online brokerage Tiger Brokers (Singapore) sees strong Q3 growth led by first-timer deposits and newly funded accounts

indie 3 12 月

5 minutes

SINGAPORE, Dec 3, 2021 - (ACN Newswire via SEAPRWire.com) - Online brokerage Tiger Brokers (Singapore) Pte. Ltd. ("Tiger Brokers Singapore") today announced that the average Singapore 'first-timer' account deposit has increased to $5,000 this quarter (Q4 2021), compared to the average initial deposit of $4,000 in Q2 and Q3 2021, as the pool of investors wishing to access Singapore's diverse range of investment opportunities continues to broaden. Over 80% of the 353,300 newly funded accounts acquired through three quarters (Q3 2021) are attributable to international markets, including Singapore, already surpassing the full year guidance of 350,000 newly funded accounts.Eng Thiam Choon, Chief Executive Officer, Tiger Brokers (Singapore), said of these results, "Our strong growth and credibility in Singapore has placed us in a great position for internationalization as more and more people are evidently choosing to include trading and investments as part of their wealth growth plan. We will continue to work towards building a seamless trading experience for investors on our online and mobile trading platform, Tiger Trade, while keeping them engaged through the variety of financial pro...

Tiger Brokers (Singapore) Expands Offerings with Singapore’s First L&I ETPs in Partnership with Phillip Capital Management

indie 1 12 月

8 minutes

SINGAPORE, Dec 1, 2021 - (ACN Newswire via SEAPRWire.com) - Xiaomi-backed online brokerage Tiger Brokers (Singapore) ("Tiger Brokers") today announced its partnership with Phillip Capital Management (PCM), the award-winning Asian fund management company. Tiger Brokers has joined PCM as a new Distribution Partner and a Participating Dealer for PCM's two newly launched exchange-traded products, namely Phillip MSCI Singapore Daily Leveraged & Inverse Products (collectively "Phillip L&I Products").With effect from 1 December 2021, Singapore-based traders and investors[1] will be able to trade Phillip L&I Products through Tiger Brokers' platform, Tiger Trade. These products would allow investors and traders to achieve a constant daily leveraged or inverse exposure, to the MSCI Singapore Index which covers about 85 per cent of free-float market capitalisation in the Singapore Exchange universe. The MSCI Singapore index is designed to measure the performance of the large- and mid-cap segments of Singapore equities.The trading of units on Phillip L&I Products will commence on Tiger Brokers' trading platform on 1 December 2021.Mr Eng Thiam Choon, CEO of Tiger Brokers (Singap...

Tiger Brokers (Singapore) Receive Approvals from SGX as Depository Agent, Clearing and Trading Member for Investor Trades

indie 10 11 月

8 minutes

SINGAPORE, Nov 10, 2021 - (ACN Newswire via SEAPRWire.com) - Xiaomi-backed online brokerage Tiger Brokers (Singapore) Pte. Ltd. is pleased to confirm that it has received official approval as Clearing Member and Depository Agent of the The Central Depository (Pte) Limited ("CDP") and Trading Member of the Singapore Exchange Securities Trading Limited ("SGX-ST") and Singapore Exchange Derivatives Trading Limited ("SGX-DT"), from the Singapore Exchange Ltd ("SGX").Eng Thiam Choon, CEO of Tiger Brokers (Singapore) commented, "Tiger Brokers has always focused on bringing a superior and seamless user experience to investors. Our status as a Clearing Member of SGX's CDP will strengthen our presence amongst Singaporean investors and financial institutions as a recognised and credible regulated online brokerage, while providing the added security and efficiency that could possibly reduce the cost and risk of settling multiple transactions among multiple parties. This will also allow us to focus on Gen Z investors and beyond, trading and investing as part of their wealth management, while gaining a higher level of trust with institutional partners to onboard our B2B platform."Pol de Win, Se...

Online Brokerage Tiger Brokers Announces Q2 2021 Results; Singapore’s Generation Z New Account Openings Up By +90% Y/Y

indie 15 9 月

7 minutes

SINGAPORE, Sep 15, 2021 - (ACN Newswire via SEAPRWire.com) - Xiaomi-backed online brokerage Tiger Brokers (Singapore) Pte. Ltd. today announced that its quarterly business achieved a significant milestone as the number of account openings represented by Generation Z (18-24 yr) saw an increase of over 90 per cent compared to the same period last year. For Singapore Generation Z investors, the purchase of stocks, futures and options have increased by at least 9-fold as compared to the same time last year, with a notable surge in the preference for stocks and options by around 14 times in terms of volume.The Singapore business was one of the largest contributors to Group customer accounts in 2Q 2021, when over 60 per cent of all newly funded accounts were derived from international markets, and the Group added more funded accounts than in its entire cumulative operating history.Eng Thiam Choon, Chief Executive Officer, Tiger Brokers (Singapore), said, "Generation Z, or the internet generation, can be regarded as one of the most disruptive generations ever. There is a distinct difference in how they invest and what they invest in compared to their millennial or baby boomers' peers. Wit...

KGiSL wins Broker Back Office project for Stock Exchange of Thailand

indie 19 8 月

4 minutes

Coimbatore, India & Bangkok, Aug 19, 2021 - (ACN Newswire via SEAPRWire.com) - KGiSL, a global IT products, services and solutions provider, has announced the landmark win of a contract from the Stock Exchange of Thailand (SET), one of the largest stock exchanges in ASEAN, to provide a Broker Back Office platform for Thailand's brokers. KGiSL's offering, which will be hosted by SET and made available to all capital market brokers, will be based on its flagship Dolphin platform, an end-to-end back-office system that eases business operations with seamless and controlled automation. The implementation is expected to be completed within 16 months.Dolphin, the leading back-office platform in India, caters to 60% of institutional brokers, supporting back-office clearing and settlement operations. Dolphin is set to become the one-stop solution for brokers in Thailand with its ability to handle multiple asset classes including equities, bonds and offshore trading for both retail and institutional brokers. The next-generation technology platform has been tested for handling 5 million trades/day and has the potential capability to scale vertically and horizontally, supporting increases ...

KGiSL wins Common infrastructure for Brokers Back Office Project from Stock Exchange of Thailand

indie 17 8 月

4 minutes

India / Malaysia, Aug 17, 2021 - (ACN Newswire via SEAPRWire.com) - KGiSL, a global IT Products, Solutions, and Services provider, today announced the landmark contract that was won by KGiSL against significant competition from one of the largest stock exchanges in the ASEAN, The Stock Exchange of Thailand (SET). KGiSL will rollout Dolphin - a state of the art, cutting-edge technology back-office (BO) platform for brokers in Thailand. The platform will be hosted by SET and will be made available to brokers. The implementation is expected to be completed in the next 16 months.KGiSL's flagship product for Capital Markets - Dolphin, caters to 60% of the leading institutional brokers in India by supporting their back-office clearing and settlement operations. The new platform is set to become the one-stop-shop solution to the brokers of Thailand with its ability to handle multiple asset classes including Equities, Bonds, and Offshore Trading, for both retail and institutional brokers. The next generation technology platform has been tested for handling 5 million trades/ day and has the potential capability to scale vertically and horizontally, to support any increase in business volume...

Tiger Brokers Singapore to Offer Singapore’s First Dividend-Paying China-Focused ETF through Lion Global Investors

indie 16 7 月

9 minutes

SINGAPORE, Jul 16, 2021 - (ACN Newswire via SEAPRWire.com) - Xiaomi-backed online brokerage Tiger Brokers Singapore (Tiger Brokers) today announced that they had been invited by Lion Global Investors, one of the largest asset managers in Southeast Asia, to be among the Authorised Participating Dealers (PDs) for the Lion-OCBC Securities China Leaders ETF, listed on Singapore Exchange Securities Trading Limited (SGX-ST). Investors on Tiger Brokers' platform, Tiger Trade, will be able to access Singapore's first China-focused dividend-paying ETF. This ETF allows investors to partake in China's growth story as well as diversify their investment portfolio by including Chinese stocks in an easy and affordable way. Tiger Brokers' investors will be able to subscribe for units in the Lion-OCBC Securities China Leaders ETF via the trading platform between 15 to 27 July 2021, 12 noon before the listing date.Eng Thiam Choon, CEO of Tiger Brokers (Singapore), shared, "Tiger Brokers (Singapore) is always looking for ways to help our investors diversify their portfolio. We are honoured to be one of the first online brokerages to be appointed as the authorised participating dealer among other well...

Online Brokerage Tiger Brokers strengthens Singapore operations with approvals-in-principle for SGX trading membership in securities and derivatives, and CDP clearing rights in Singapore

indie 28 6 月

6 minutes

SINGAPORE, Jun 28, 2021 - (ACN Newswire via SEAPRWire.com) - Xiaomi-backed online brokerage Tiger Brokers (Singapore) Pte. Ltd. ("Tiger Brokers Singapore") today announced that it has received approval-in-principle to be admitted as a Clearing Member of The Central Depository (Pte) Limited ("CDP"). Tiger Brokers has also received approval-in-principle from Singapore Exchange Securities Trading Limited ("SGX-ST") as well as Singapore Exchange Derivatives Trading Limited (SGX-DT") for admission as a Trading Member.Tiger Brokers expects to use these approvals-in-principle to improve the user experience and services it offers to clients. Tiger Brokers looks forward to developing its partnerships with CDP, SGX-ST and SGX-DT and strengthening its presence in the Singapore market.Eng Thiam Choon, CEO of Tiger Brokers Singapore commented, "Tiger Brokers Singapore has always been focused on bringing a superior user experience to investors. These approvals-in-principle, together with our previous partnerships spanning financial data, cloud and financial technology, are part of our focus on providing a superior user experience to investors."Officially launched in Singapore in February 2020, T...

Online Brokerage Tiger Brokers Adopts Alibaba Cloud Technologies to Provide Superior Trading Experience to Its Online Investors

indie 1 6 月

8 minutes

SINGAPORE, Jun 1, 2021 - (ACN Newswire via SEAPRWire.com) - Xiaomi-backed online brokerage Tiger Brokers today announced their technology collaboration with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group. Alibaba Cloud provides Tiger Brokers with end-to-end technology support to its trading platform, Tiger Trade, to meet the secure and low latency trading demands of its investors on the platform.Tiger Brokers has been seeing a consistent increase in the number of investors onboarding the trading platform. Alibaba Cloud solution will help to ensure the speed of data flow on the app is not compromised. Its Big Data analytics will also provide relevant insights into Tiger Brokers' investors trading behaviour, allowing them the chance to offer better service offerings and trading opportunities to meet the demands of their investors.Kelvin Liu, Vice President, Engineering of UP Fintech Holding Limited, known as "Tiger Brokers" in Asia, shared, "At Tiger Brokers, we are all about bringing superior user experience to our investors, from customer service, trading experience to up-to-date market insights. With Alibaba Cloud's service, we will be able to pro...

Tiger Brokers Singapore Achieves 100% Growth in Account Openings for Three Consecutive Quarters in 2020; Continues to Focus on Untapped Gen Z Market

aseanpr 6 4 月

8 minutes

- Sees Singapore as a huge potential growth market for online trading especially among the younger Singaporeans who are getting more savvy with investing online. SINGAPORE, Apr 6, 2021 - (ACN Newswire) - Tiger Brokers Singapore, the Xiaomi-backed online trading platform, today revealed continued exponential growth and momentum among its user base in Singapore. The online and mobile-focused brokerage saw 100% growth in customer accounts for three consecutive quarters in 2020. Wu Tianhua, Chief Executive Officer of UP Fintech Holding Limited shared, "The total addressable market in Singapore is huge. The country has one of the highest rates of digitalisation in the world, and a nation-wide preference for digital banking which is supported by high tech infrastructure and key fintech initiatives led by the government, making it a very attractive and relevant market for Tiger Broker's services. This is a market that has huge potential for us, and we are working hard for incremental market growth, especially focused on younger Singaporeans who are getting more savvy with their investment needs." Eng Thiam Choon, Chief Executive Officer of Tiger Brokers Singapore, also...

FXList Comprehensive Guidance Moves to the Next Level

aseanpr 23 3 月

3 minutes

Russia, Moscow / SEAPRWire.com / Mar 23, 2021 / FXList always known for comprehensive guidance, now set to move to another level altogether, with more in-depth tools and parameters for judgment, it is opening doors for everyone. Forex or foreign exchange is the buying and selling of one or more national currencies for profit. The FX market, on average, generates more than $5 trillion on a daily basis. While both buyers and sellers can meet over the counter to facilitate trades, electronic platforms have also made it possible for traders that are internet-savvy. The narrative of the past was that only financial institutions and institutional traders were actively involved in forex trading, but today, millions of traders now access the FX market without any impediment. To access the forex market, a forex broker is required and helps to facilitate the entrance into the market. Choosing a reliable forex broker can be a headache. However, with covering areas like the broker's regulation, payment methods, asset classes, and trading platform, it would be one step away from choosing the best online trader. It can be challenging to review each broker. To save the time and stress, ...

Tiger Brokers To Be The One-Stop Online Trading Solution For Investors; Adds Two New Trading Services

indie 4 2 月

7 minutes

SINGAPORE, Feb 4, 2021 - (ACN Newswire) - Xiaomi-backed online trading platform Tiger Brokers Singapore today announced the launch of two new services on their platform - Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) stocks, designed to help seasoned investors looking for a full suite of investment options to diversify their portfolios. These services allow Singapore-based users of the Tiger Trade platform look for short-term trades and selected US-listed over the counter (OTC) stocks where securities are traded for companies not listed on the main exchanges in the US, such as LVMH-MOET Hennessy Louis Vuitton (LVMHF), Softbank Group (SFTBY) and Bitcoin investment trust (GBTC).The US OTC stocks service is now available on Tiger Brokers' platform, and DLC by the end of February.Eng Thiam Choon, CEO of Tiger Brokers shared, "We want to be a one-stop solution for our investors as we embrace more and more investment alternatives on our Tiger Trade platform. We have been seeing an increase of requests from our users to add DLCs and OTC services, especially in Q4 last year due to investors' growing demands for differential investment instruments. It is importan...

Singapore online brokerage Tiger Brokers sees strong retail investor growth in Q4 2020 with 108% increase in new user sign ups

indie 20 1 月

7 minutes

SINGAPORE, Jan 20, 2021 - (ACN Newswire) - Xiaomi-backed online brokerage Tiger Brokers Singapore (Tiger Brokers https://www.tigerbrokers.com.sg/) today announced that they saw 108 per cent growth in the number of new investors in Q4 2020 as compared to Q3 2020, with trading volume increased by 215 per cent also on a quarter on quarter basis. Since February 2020, Tiger Brokers also saw the increase in Gen Z investors on the platform, which made up 30 per cent of Singapore's customer base.Tiger Brokers also announced four new strategic partnerships with financial technology provider, Iress, one of the largest and most active online trading communities, TradingView, Global financial market data and infrastructure provider, Refinitiv, and Asia's leading Financial Group, DBS. These partnerships are aimed at strengthening their online platform, by allowing investors to gain access to best-in-class and up-to-date financial information so that they will be well-informed before making their investing decisions in real time, as well as allowing investors instant fund transfer into the Tiger Trade platform respectively.In addition, Tiger Brokers also announced the launch of their new product...

Tiger Broker Singapore’s Parent Company UP Fintech Sees 1 Million Customers Worldwide, Driven by More Than Triple Increase in Quarterly Account Openings in Singapore

indie 2 12 月

7 minutes

SINGAPORE, Dec 2, 2020 - (ACN Newswire) - Xiaomi-backed Tiger Brokers Singapore today announced a 3-fold momentous growth in account openings during 3Q 2020 as compared to 2Q 2020. Tiger Brokers Singapore also saw an increase in trading value by 540 per cent as compared to 2Q2020. The Technology and Electronic Vehicles (EV) sectors has seen the most amount of interest with demand for companies such as APPLE, TESLA, NIO, due to investors' positive expectations for the companies in the long run. This growth was driven by an increased interest in investing during this period, due to a digitally-driven lifestyle cultivated during the pandemic where more Singapore investors tried online trading. A recent report (e-Conomy SEA 2020) showed a regional trend towards the digitalisation in finance, where Investment Assets under management in the region is expected to grow to US$84 billion in 2025 at a Compound Annual Rate Growth (CAGR) of 32 per cent. The online trading platform launched in February this year, and 30 per cent of its users in Singapore aged between 18-24 years old.Tiger Brokers Singapore also enhanced their platform during this period, providing access to top exchanges around ...

Global brokerage firm Tiger Brokers uncovers Singaporean Gen Zs’ penchant for globally diverse and long-term technology stocks

indie 26 10 月

8 minutes

SINGAPORE, Oct 26, 2020 - (ACN Newswire) - Xiaomi-backed global brokerage firm Tiger Brokers shared insights around the investment behaviour of Generation Z investors (aged between 18 to 24 years old), analysing about 100,000 Generation Z investors who are trading on Tiger Brokers' platform during the span of 2015 to 2020. Gen Z makes up 15% of the company's current 900,000+ customers worldwide; and 30% of Singapore's total customers since the launch of Tiger Trade app in February 2020. The findings for the Singapore sample are in line with the overall findings.The analysis showed that 45% of Gen Z investors prefers long-term stocks like Apple, Boeing, and Carnival, 35% real estate investment trusts (REITs) and exchange traded funds (ETFs) across United States, Hong Kong and Singapore; 10% are investing in high volatility stocks, such as Afterpay, Kodak, and Vaccinex and 10% in options, based on reports and business forecasts. For Q3 2020, the most traded stocks by Gen Z in Singapore are Tesla, Apple, NIO and MedTech International.Wu Tianhua, Group CEO of Tiger Brokers, said, "Gen Z investors tend to gear towards creating a globally diverse investment portfolio. Since 2015, we have...

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