The Yacht Brokers Association of America (YBAA) recently launched a new and improved website, offering a more modern design and enhanced user experience. Upgraded features include clear call-to-action buttons, an easy-to-navigate menu structure, and direct access to view member resources.
In addition to the new website, YBAA is proud to partner with yachtbroker.org to present the YBAA Member Listing Service (MLS), an association-owned and controlled tool to help buyers find and show for new and used boats, vessels, and yachts. The MLS allows yacht brokers access to view cooperative broker listings with the goal of connecting buyers to sellers through a professional yacht broker.
“Yachtbroker.org is industry owned. This new service is available only to professional yacht brokers that are members of professional yacht broker associations. By listing your boats in yachtbroker.org you are taking back control of your data. This new service will also lead us to single point entry of data for our inventory.” – JP Skov, CPYB, YBAA Executive Director
With collective member participation, the YBAA MLS provides increased exposure for the listing broker and access to a broader range of inventory.
As an exclusive benefit, YBAA members can publish a listing at no cost. Learn more about the new website and MLS at www.ybaa.yachts.
About YBAA:
The Yacht Brokers Association of America, Inc. – YBAA – was founded in 1920 and exists to unite Yacht Sales Professionals throughout North America to establish, promote and enforce high standards of professional competence, character, and ethical conduct; foster public recognition of, and support for, YBAA and its member brokers; facilitate cooperation among member brokers; and enhance each member’s success.
Contact: JP Skov, Executive Director jpskov@cpyb.net 410-940-6349
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 (Singapore), shared, “Tiger Brokers (Singapore) stays true to our commitment in helping our investors diversify their portfolio by expanding our product offerings. We believe with Phillip L&I Products availed on Tiger Trade, our trading platform, we can meet the needs of investors and traders who are looking for tactical trading tools that can help them trade through the use of leverage and inverse exposure to gain daily rebalancing results.”
Combining futures-based synthetic replication strategy and direct investments into the underlying Securities of the Index, Phillip MSCI Singapore Daily (2X) Leveraged Product provides investment results that closely correspond to twice (2x) the daily performance of the MSCI Singapore Index. On the other hand, Phillip MSCI Singapore Daily (-1X) Inverse Product adopts a futures-based synthetic replication strategy, to provide investment results that closely correspond to the inverse (-1x) of the daily performance of the MSCI Singapore Index.
Mr Linus Lim, CEO and Director of Phillip Capital Management, shared, “We are happy to welcome Tiger Brokers (Singapore) as one of our PDs as it is well established and positioned in the online trading space. Along with Phillip Securities, expanding into the online trading space with Tiger Brokers (Singapore), would definitely provide our traders and investors the flexibility to monitor the L&I Products with an on-the-go basis and ease to trade anytime they want for opportune gains.”
Apart from Phillip L&I Products, Tiger Brokers’ investors can trade across six different exchanges – New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Exchange (SGX) and the Australian Securities Exchange (ASX), with access to other trading opportunities such as Equities, different types of Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), US-listed over the counter (OTC) equities and Fund Mall.
The Tiger Trade mobile application is available for download on Apple App Store and Google Play store. – Apple App Store: https://apps.apple.com/sg/app/id1023600494 – Google Play Store: https://play.google.com/store/apps/details?id=com.tigerbrokers.stock
[1] Investors who are qualified to buy Specified Investment Products (SIP)
About Tiger Brokers (Singapore) Pte Ltd.
Tiger Brokers (Singapore) Pte Ltd (“Tiger Brokers (Singapore)”) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade – available on both online and mobile app (Apple App Store and Google Play Store) offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. Its online and mobile app trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates.
Through Tiger Trade, Tiger Brokers (Singapore) offers retail investors in Singapore access to six global exchanges in the US (NYSE, NASDAQ), China (Shanghai/Shenzhen-Hong Kong Stock Connect), Hong Kong (HKEX), Singapore (SGX) and Australia (ASX), with access to investment offerings such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities, and Fund Mall.
Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Limited (NASDAQ: TIGR), known as “Tiger Brokers” in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded “2017 Fintech 250” by CB Insights and shortlisted for “China Leading Fintech 50” for two years in a row by KPMG China. The company was listed on NASDAQ under “TIGR” in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 1.4 million customers worldwide currently, with a total trading volume exceeding USD123.8 billion in Q1 2021. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers.
For more information, please visit https://www.tigerbrokers.com.sg
About Phillip Capital Management (S) Ltd
Incorporated in 1999, Phillip Capital Management (PCM) is a fund management company with network across the region including Singapore, Australia, Hong Kong, Indonesia, Thailand, and United Kingdom. PCM’s products and asset classes include unit trusts and segregated discretionary portfolios investing in equities, bonds, money market and private equity. PCM serves clients including private banks, insurance companies, tertiary institutions, sovereign wealth funds and Singapore government agencies and has approximately SGD 2.8 billion (Oct 2021, unaudited) of assets under management.
A member of PhillipCapital Group, PCM has an established track record managing funds investing in the Asia Pacific region and globally, having won fund awards from Standard & Poor’s and Lipper since 2003.
The funds managed by the Company include the following: Phillip SGX APAC Dividend Leaders REIT ETF (2016 Most innovative ETF by SGX), Phillip SING Income ETF, Phillip SGD Money Market ETF, Phillip Singapore Real Estate Income Fund, Phillip Global Opportunities Fund, Phillip Global Quality Fund, Phillip Global Rising Yield Innovators Fund, Phillip Money Market Fund, as well as Phillip US Dollar Money Market Fund. The Phillip Money Market Fund is the largest retail Singapore Dollar money market fund today.
For media enquiries, please contact: PRecious Communications for Tiger Brokers (Singapore) Email: Tiger@preciouscomms.com
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.
Tiger Brokers (Singapore) Pte Ltd (herein “Tiger Brokers”) may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient’s information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.
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-established brokerages to offer the Lion-OCBC Securities China Leaders ETF.”
The Lion-OCBC Securities China Leaders ETF aims to replicate as closely as possible, before expenses, the performance of the Hang Seng Stock Connect China 80 Index using a direct investment policy of investing in all, or substantially all, of the underlying Index Securities. The Index measures the overall performance of 80 of the largest Chinese companies such as Ping An, Xiaomi and Tencent, in terms of market capitalisation listed in Hong Kong and/or mainland China that are eligible for Northbound or Southbound trading under the Stock Connect schemes.
Kwok Keng Han, Chief Marketing Officer of Lion Global Investors, shared, “At Lion Global Investors, we believe that quality investment solutions should be accessible and cost-effective to investors. We are excited about walking this new journey with Tiger Brokers Singapore. Through the Tiger Trade platform, investors will be able to tap into exciting growth opportunities like investing into the Lion-OCBC Securities China Leaders ETF.”
Other than the newly added ETF, Tiger Brokers’ investors have access to other trading opportunities such as Equities, different types of Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), US-listed over the counter (OTC) equities and Fund Mall. Tiger Trade currently offers trading on six different exchanges – New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Exchange (SGX) and the Australian Securities Exchange (ASX).
Additionally, just last month, Tiger Brokers Singapore received the Best Sub-custodian Mandate, Broker-dealer (Singapore) presented by The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers. The online trading platform also received approval-in-principle to be admitted as a Clearing Member of The Central Depository (Pte) Limited (CDP) and 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.
The Tiger Trade mobile application is available for download on Apple App and Google Play stores. – Apple App store: https://apps.apple.com/sg/app/id1023600494 – Google Play store: https://play.google.com/store/apps/details?id=com.tigerbrokers.stock
About Tiger Brokers (Singapore) Pte Ltd.
Tiger Brokers Singapore Pte Ltd (Tiger Brokers Singapore) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. The company launched the mobile version of Tiger Trade in February 2020 – accessible on Google Play Store and the Apple App Store – offering mobile-savvy generation of retail investors similar trading opportunities as their online users, such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), US-listed over the counter (OTC) equities and Fund Mall on their mobile phones. Both online and mobile app allow users to invest across multiple asset classes traded on the US, China, Hong Kong, Singapore and Australian stock markets such as the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Exchange (SGX) and the Australian Securities Exchange (ASX).
Tiger Brokers Singapore is the Singapore entity of UP Fintech Holding Limited, known as “Tiger Brokers” in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded “2017 Fintech 250” by CB Insights and shortlisted for “China Leading Fintech 50” for two years in a row by KPMG China. The company was listed on NASDAQ under “TIGR” in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 1.4 million customers worldwide currently, with a total trading volume exceeding USD123.8 billion in Q1 2021. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit https://www.tigerbrokers.com.sg
About Lion Global Investors
Lion Global Investors Limited (Co. Reg No: 198601745D), a wholly-owned subsidiary of OCBC Bank, is one of the leading asset management companies in Southeast Asia. Established since 1986, the asset management firm is uniquely positioned to provide Asian equities and fixed income strategies and funds to both institutional and retail investors. For more information, please visit www.lionglobalinvestors.com
For media enquiries, please contact: PRecious Communications for Tiger Brokers (Singapore) Email: Tiger@preciouscomms.com
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.
Tiger Brokers (Singapore) Pte Ltd (herein “Tiger Brokers”) may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for the recipient’s information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.
This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. It is for information only, and is not a recommendation, offer or solicitation to deal in any capital markets products or investments and does not have regard to your specific investment objectives, financial situation or particular needs. You should read the prospectus and Product Highlights Sheet for the Lion-OCBC Securities China Leaders ETF (“ETF”), which is available and may be obtained from Lion Global Investors Limited or any of the appointed Participating Dealers (“PDs”), before deciding whether to purchase units in the ETF. Investments are subject to investment risks including the possible loss of the principal amount invested.
The performance of the ETF, the value of its units and any accruing income are not guaranteed and may rise or fall. Past performance, payout yields and payments and any prediction, projection, or forecast are not indicative of the future performance, payout yields and payments of the ETF. You should independently assess any information, opinion or estimates, graphs, charts, formulae or devices provided and seek professional advice on them. Any information, opinions, estimates, graphs, charts, formulae or devices provided are subject to change without notice and are not to be relied on as advice. The ETF may invest in financial derivative instruments for hedging or for efficient portfolio management.
The units of the ETF are listed and traded on the Singapore Exchange (“SGX”), and may be traded at prices different from its net asset value, suspended from trading, or delisted. Such listing does not guarantee a liquid market for the units. You cannot purchase or redeem units in the ETF directly with the manager of the ETF, but you may, subject to specific conditions, do so on the SGX or through the PDs.
Any dividend distributions, which may be either out of income and/or capital, are not guaranteed and subject to the Manager’s discretion. Any such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value of the ETF.
(c) Lion Global Investors Limited (UEN/ Registration No. 198601745D). All rights reserved. LGI is a Singapore incorporated company and is not related to any corporation or trading entity that is domiciled in Europe or the United States (other than entities owned by its holding companies).
At the recent AGM and elections of the Insurance Brokers Association of India (IBAI) conducted on 24th September 2020 (https://ibai.org/agm-on-september-24-2020-at-11-00-am/) for filling up vacancies, there was a landslide win for four totally new contestants — Dr Sandeep Dadia – Aditya Birla Insurance Broker; Mohan Sriraman – Paavana Insurance Brokers; Rashmi Iyer – Global Insurance Broker; and Sundaram Venkaravardan – Abhivridhi Insurance Brokers — with all other incumbents shown the door.
It is to be noted that most of outgoing members have been holding positions on the Board for 6 to 10 years.
Sanjay Kedia of Marsh India Insurance Broker Pvt. Ltd. who has been on the Board of Directors and also former President of IBAI for a long tenure, lost the elections this year.
This year, according to informed sources, it appears that there was complete loss of trust & confidence in the incumbents, since the Past President Sanjay Kedia representing Marsh India Insurance Broker had brazenly gone back on his written election manifesto of 2017; i.e., that he will not stand for election next-term as part of manifesto. All Indian brokers are also wary of their indigenous agenda being ignored in terms of “ease of doing business” — which was sidelined by FDI in the interest of a big and MNC entity.
As per the new norms, the AGM was conducted virtually and E-Voting process conducted by CDSL.
The winners of last year’s Elections of IBAI Directors held at the AGM on September 24, 2019, were also not elected this year namely: 1. Kishan Agarwal – M/S.Worldwide Insurance Brokers Ltd. (Director-North Zone); 2. Akhilesh Jain – M/S. Trinity Reinsurance Brokers Ltd. (Director-North Zone); 3. Kapil Mehta – M/S. SecureNow Insurance Broker Pvt. Ltd. (Director-North Zone); 4. Mukesh Jain – M/S. Sridhar Insurance Broker Pvt. Ltd. (Director – North Zone; 5. Girish Malik – M/S. Xperitus Insurance Brokers Pvt. Ltd. (Director – West Zone); 6. Ciby Varghese – M/S. Bima Genie Insurance Brokers Pvt. Ltd. (Director – South Zone). However, the website of IBAI is still showing the old list of office bearers and functionaries and the candidates eligible for contesting elections (https://ibai.org/election-of-candidates-at-the-agm-2020-september-24-2020/).
CS Sandeep Parekh was the appointed Independent Election Officer for the 24th September 2020.
Insurance Brokers Association of India (IBAI), is run by a Board of Directors who are elected by the members. As per insurance brokers regulations framed by the sector Regulator IRDAI, all licenced Brokers are required to be mandatory member.
Contact
