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Bigger overall market key to growth, says new CEO of Tiger Brokers Singapore - THE EDGE SINGAPORE

Wealth

Bigger overall market key to growth, says new CEO of Tiger Brokers Singapore

The ex-director and current CEO of the Nasdaq-listed Tiger Brokers boasts its “best performing quarter” in 3QFY2023.

Results

Tiger Brokers reports 83.9% lower net income of US$3.3 mil in 3QFY2022

In his statement, CEO Wu says the company aims to land its services in HK in the fourth quarter.
Tiger Brokers sees 87.1% increase in total number of funded accounts to 703,500 - THE EDGE SINGAPORE

Results

Tiger Brokers sees 87.1% increase in total number of funded accounts to 703,500

Tiger Brokers saw total revenues decline 35.2% y-o-y to US$52.6 million in the 1QFY2022.

Markets

Tiger Brokers (Singapore) sees average first-timer deposits increase to $5,000 since Oct

This is compared to its initial deposit of $4,000 logged in the 2QFY2021 and 3QFY2021 ended June and September respectively.
Tiger Brokers collaborates with Alibaba Cloud for end-to-end tech support to its trading platform, Tiger Trade - THE EDGE SINGAPORE

Fintech

Tiger Brokers collaborates with Alibaba Cloud for end-to-end tech support to its trading platform, Tiger Trade

The partnership will also serve to support the growing number of users on Tiger Trade.
Tiger Brokers sees 100% growth in account openings for 3 straight quarters in 2020 - THE EDGE SINGAPORE

Fintech

Tiger Brokers sees 100% growth in account openings for 3 straight quarters in 2020

The brokerage says it sees huge potential growth in the Singapore market for online trading especially among younger Singaporeans.
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