- TradingFront offers a one-stop platform to assist monetary advisors higher handle buyer investments
- The brand new platform is one other disruptor within the making which leverages Tiger Brokers’ energy in innovation to supply monetary advisors with an environment friendly commerce administration software and entry to Tiger Brokers’ buyer base
- TradingFront capitalises on the altering wants of shoppers and builds on Tiger Brokers’ a lot beloved Tiger Commerce App
SINGAPORE – Media OutReach – 1 September 2022 – On-line buying and selling platform Tiger Brokers (Singapore) right now introduced the launch of TradingFront by Tiger Brokers (“TradingFront”), a brand new extension to its wealth administration platform. Working by three core prongs – effectivity, transparency and ease of use – TradingFront goals to remodel the monetary advisory sector by leveraging Tiger Brokers’ subsequent era know-how platform.
TradingFront is well-poised to disrupt the monetary advisory market because it offers advisors with a software to effectively handle their consumer investments whereas additionally offering their clients with entry to Tiger Brokers’ coveted Tiger Commerce App. Clients can simply approve the trades initiated by their monetary advisor by the Tiger Commerce App, with a one-click resolution. The advisory companies of onboarded companions may even be prolonged to Tiger Brokers’ present customers. All clients, together with these of the advisory companions, will retain the pliability to provoke their very own trades with out the enter of their chosen advisors, by the Tiger Commerce App.
The launch of the platform will initially see the onboarding of economic advisors from 5 companion companies. This can be prolonged to others on a selective foundation over the approaching months.
This transfer is consistent with Tiger Brokers’ technique to disrupt the monetary companies trade within the B2B phase, having efficiently developed the B2C phase with its subsequent era know-how platform and Tiger Commerce App, which is way beloved by its 2.1m registered customers in Singapore. Having gained quite a few awards for its energy in innovation, such because the “Monetary Companies award for Smart’s integration” by the Singapore Enterprise Overview Expertise Excellence Awards and the “Singapore Enterprise Overview Expertise Excellence Awards” for the Cell – Brokerage phase, Tiger Brokers continues to leverage its management in know-how, to reinforce its providing and rework the monetary companies sector.
Grace Yong, Enterprise Growth Director of Tiger Brokers, commented, “TradingFront is one other initiative that Tiger Brokers has developed to disrupt the established order of the present monetary advisors market. Given the rising variety of Singaporeans looking for monetary recommendation, it’s a pure development for us to leverage our next-generation know-how to assist our clients streamline the buying and selling course of, and work in the direction of having a platform that advantages each clients and monetary intermediaries alike. We’re additionally grateful for the companion companies which have positioned their belief in us, and we’re excited to work collectively to supply our clients with a seamless and handy buying and selling expertise not present in some other platform.”
Victor Wong, Director of Wealth Administration at Monetary Alliance stated, “We’re impressed by Tiger Brokers’ success in disrupting the brokerage trade since its entry into the Singapore market simply two years in the past. As a agency, we have now a shared ardour for difficult the established order and have an ambition to propel our trade ahead by harnessing cutting-edge applied sciences and delivering a progressive, forward-thinking technique. We sit up for partnering with Tiger Brokers in bringing extra revolutionary propositions to our clients.”
TradingFront is designed with effectivity and accountability in thoughts and permits monetary advisors to handle their clients’ investments simply, together with the creation and administration of transactions, by cutting-edge know-how.
As well as, buyers can view their holdings and approve trades for his or her managed sub-account on the Tiger Commerce App, whereas making the most of conventional Tiger Commerce capabilities to trace the market and talk about funding alternatives with like-minded customers. Demand for monetary market recommendation has by no means been extra obvious, with a rising variety of buyers looking for further insights in choice making amid turbulent markets. By constructing on the recommendation of their most popular monetary advisor, buyers can higher optimise their funding choice making.
Tiger Brokers warmly welcomes esteemed monetary advisory companies, Monetary Alliance, Infinitum Monetary Advisory and Manulife Monetary Advisers on board, becoming a member of present companions PFPFA and SingCapital. Tiger Brokers envisages onboarding three extra monetary advisory companies by the tip of 2022, and with that, greater than 2,000 advisors can have entry to TradingFront.
Ronald Tan, CEO of Infinitum Monetary Advisory Pte Ltd, shared, “Our collaboration with Tiger Brokers (Singapore) permits us to increase our advisory companies to a rising platform of buyers, whereas extending our providing to present clients. Managing cash for the long run is vital to our proposition, and we’re wanting ahead to serving to Tiger Brokers’ customers make higher knowledgeable funding choices for the long run. We’re excited by the chance to leverage Tiger Brokers’ management in innovation, to reinforce our companies whereas on the identical time shaping the monetary advisory phase for the long run.”
Tan Hong Tau, Chief Government Officer of Manulife Monetary Advisers, added, “As a companion of Tiger Brokers, Manulife Monetary Advisers will be capable to increase our service providing to incorporate Tiger Brokers companies, giving our clients entry to one of the standard buying and selling platforms available in the market. This partnership is a win-win for each MFA and Tiger Brokers clients, as they’ll entry each advisory companies from MFA, and leverage Tiger Brokers’ know-how platform. We’re more than happy to enter into this partnership with Tiger Brokers.”
The Tiger Commerce cell software is offered for obtain on the Apple App Retailer and Google Play Retailer.
Hashtag: #TigerBrokers
The issuer is solely accountable for the content material of this announcement.
About Tiger Brokers (Singapore)
Tiger Brokers (Singapore) Pte Ltd (“Tiger Brokers (Singapore)”) is a brokerage agency working with a Capital Markets Companies (CMS) Licence from the Financial Authority of Singapore (MAS). Its buying and selling platform, Tiger Commerce, provides complimentary real-time inventory quotes, devoted multilingual customer support throughout buying and selling hours and 24/7 finance information updates. The corporate launched the cell model of Tiger Commerce in February 2020 – accessible on Google Play Retailer and the Apple App Retailer – providing mobile-savvy era of retail buyers comparable buying and selling alternatives as their on-line customers, akin to Equities, Alternate-Traded Funds (ETFs), Futures, Inventory Choices, Warrants, and Callable Bull/Bear Contracts (CBBCs) on their cellphones. Each on-line and cell app permit customers to take a position throughout a number of asset courses traded on the Australian, US, Hong Kong, China and Singapore inventory markets such because the New York Inventory Alternate (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Inventory Join, the Hong Kong Inventory Alternate (HKEX), the Singapore Alternate (SGX) and the Australian Securities Alternate (ASX).
Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Restricted, often called “Tiger Brokers” in Asia, a number one on-line brokerage agency specializing in world buyers. Based in 2014, Tiger Brokers (Singapore) turned #1 within the U.S. fairness buying and selling by quantity amongst buying and selling platforms catered to International Chinese language buyers in lower than two years. Tiger Brokers (Singapore) was awarded “2017 Fintech 250” by CB Insights and shortlisted for “China Main Fintech 50” for 2 years in a row by KPMG China. The corporate was listed on NASDAQ below “TIGR” in 2019 and has places of work in China, United States, Australia, New Zealand and Singapore. Tiger Brokers (Singapore) has over 1.8 million clients worldwide, with an annual buying and selling quantity of greater than US$404.3billion as of December 2021. The corporate is backed by well-known buyers akin to Xiaomi, in addition to funding guru Jim Rogers. For extra data, please go to
This commercial has not been reviewed by the Financial Authority of Singapore.
Any views shared with Potential Shoppers (“Prospects”) are suggestive in nature and on a pattern foundation solely. This may increasingly even be predicated on assumptions which are made by Tiger Brokers (Singapore) Pte Ltd concerning the Prospects’ funding goals and danger profile. Our suggestive and pattern views prolonged to Prospects are to not be thought of as suggestions made by the Firm. Solutions offered are additionally primarily based on data that could be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not ready to confirm.