Tag: Brokerage

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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 ... Read more

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 ... Read more

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 ... Read more