Investments

Online Brokerage Tiger Brokers Singapore receives approvals-in-principal for SGX trading membership in securities and derivatives

Tiger Brokers (Singapore) Pte. Ltd. ("Tiger Brokers") 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 presencein the Singapore market.

 

Eng Thiam Choon, CEO of Tiger BrokersSingapore 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, Tiger Trade offers retail investors trading opportunities 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”) equitiesand Fund Mall.Investors are also able totrade on six different exchanges - New York Stock Exchange (“NYSE”), National Association of Securities Dealers Automated Quotations Exchange (“NASDAQ”), Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (“HKEX”), the Singapore Exchange (“SGX”) and the Australian Securities Exchange (“ASX”).