back Back

Tiger Brokers to be one-stop online trading solution for investors

By Edil Corneille

February 05, 2021

  • Singapore
  • Tiger Brokers Singapore
Share

Tiger Brokers SingaporeXiaomi-backed online trading platform, Tiger Brokers Singapore, 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 important that we have a diversified list of product offerings to provide investors more opportunities and options when it comes to online trading.”

The new services add on to the investment products available to Tiger Trade users, beyond the six global exchanges – New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, Hong Kong Stock Exchange (HKEX), Singapore Exchange (SGX), and Australian Securities Exchange (ASX). Other services include Tiger Brokers’ new product – Fund Mall, a one-stop-shop for investing in global mutual funds that allow investors access to more than 100 renowned funds, Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, and Callable Bull/Bear Contracts (CBBCs).

“Tiger Brokers aims to continue adding more products to the platform while strengthening its technology to empower a new generation of investors, enabling them to make judiciously executed trade regardless of market conditions,” added Thiam Choon.

Tiger Brokers is backed by US-based brokerage Interactive Brokers, Xiaomi and Wall Street investment guru Jim Rogers. The online trading platform currently has over 1 million customers worldwide, with a total trading volume of more than US$62.8 billion as of Q3 2020.

Previous Article

February 05, 2021

BMO InvestorLine unveils new portfolio health check tool

Read More
Next Article

February 05, 2021

LINE Bank granted operational license for an internet-only bank in Taiwan

Read More








IBSi Daily News Analysis

March 22, 2024

Singapore

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 13, 2024

SBI selects ‘iCashpro+’ Aurionpro’s Cash Management & Transaction Banking Platform

Read More

February 28, 2024

iGTB Intellect deploys its CTX platform for Societe Generale

Read More

January 23, 2024

Crédit Agricole CIB selects iGTB’s CTX cash management solution

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023