General

Tiger Brokers (Singapore) Expands Choices with Singapore’s First L&I ETPs in Partnership with Phillip Capital Management




SINGAPORE, Dec 1, 2021 – (ACN Newswire) – Xiaomi-backed online brokerage Tiger Brokers (Singapore) (“Tiger Brokers”) on the fresh time announced its partnership with Phillip Capital Management (PCM), the award-winning Asian fund administration firm. Tiger Brokers has joined PCM as a brand fresh Distribution Accomplice and a Taking share Vendor for PCM’s two newly launched alternate-traded products, particularly Phillip MSCI Singapore Each day Leveraged & Inverse Merchandise (collectively “Phillip L&I Merchandise”).

With attain from 1 December 2021, Singapore-primarily based totally traders and investors[1] will most certainly be in a jam to alternate Phillip L&I Merchandise by scheme of Tiger Brokers’ platform, Tiger Swap. These products would permit investors and traders to enact a fixed day-to-day leveraged or inverse publicity, to the MSCI Singapore Index which covers about 85 per cent of free-trip along with the hunch market capitalisation within the Singapore Swap universe. The MSCI Singapore index is designed to measure the efficiency of the gargantuan- and mid-cap segments of Singapore equities.

The trading of devices on Phillip L&I Merchandise will birth on Tiger Brokers’ trading platform on 1 December 2021.

Mr Eng Thiam Choon, CEO of Tiger Brokers (Singapore), shared, “Tiger Brokers (Singapore) stays objective correct to our dedication in serving to our investors diversify their portfolio by rising our product offerings. We deem with Phillip L&I Merchandise availed on Tiger Swap, our trading platform, we are succesful of meet the needs of investors and traders who are procuring for tactical trading instruments that would possibly possibly aid them alternate by scheme of the consume of leverage and inverse publicity to prevail in day-to-day rebalancing outcomes.”

Combining futures-primarily based totally synthetic replication plan and enlighten investments into the underlying Securities of the Index, Phillip MSCI Singapore Each day (2X) Leveraged Product presents funding outcomes that carefully correspond to twice (2x) the day-to-day efficiency of the MSCI Singapore Index. On the various hand, Phillip MSCI Singapore Each day (-1X) Inverse Product adopts a futures-primarily based totally synthetic replication plan, to have funding outcomes that carefully correspond to the inverse (-1x) of the day-to-day efficiency of the MSCI Singapore Index.

Mr Linus Lim, CEO and Director of Phillip Capital Management, shared, “We are overjoyed to welcome Tiger Brokers (Singapore) as one of our PDs as it is well established and positioned within the online trading home. Along with Phillip Securities, rising into the online trading home with Tiger Brokers (Singapore), would with out a doubt provide our traders and investors the flexibleness to video display the L&I Merchandise with an on-the-trip basis and ease to alternate anytime they wish for opportune positive aspects.”

As a change of Phillip L&I Merchandise, Tiger Brokers’ investors can alternate at some stage in six varied exchanges – Fresh York Stock Swap (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Join, the Hong Kong Stock Swap (HKEX), the Singapore Swap (SGX) and the Australian Securities Swap (ASX), with secure entry to to varied trading alternatives corresponding to Equities, varied kinds of Swap-Traded Funds (ETFs), Futures, Stock Choices, Warrants, Callable Bull/Endure Contracts (CBBCs), Each day Leveraged Certificates (DLCs), US-listed over-the-counter (OTC) equities and Fund Mall.

The Tiger Swap mobile application is available for download on Apple App Retailer and Google Play store.

– Apple App Retailer: https://apps.apple.com/sg/app/id1023600494

– Google Play Retailer: https://play.google.com/store/apps/small print?id=com.tigerbrokers.stock

[1] Investors who are qualified to bewitch Specified Investment Merchandise (SIP)

About Tiger Brokers (Singapore) Pte Ltd.

Tiger Brokers (Singapore) Pte Ltd (“Tiger Brokers (Singapore)”) is a brokerage firm working with a Capital Markets Companies and products (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Swap – available on each online and mobile app (Apple App Retailer and Google Play Retailer) affords complimentary valid-time stock quotes, devoted multilingual buyer carrier at some stage in trading hours and 24/7 finance news updates. Its online and mobile app trading platform, Tiger Swap, affords complimentary valid-time stock quotes, devoted multilingual buyer carrier at some stage in trading hours and 24/7 finance news updates.

Thru Tiger Swap, Tiger Brokers (Singapore) affords retail investors in Singapore secure entry to to six world exchanges within the US (NYSE, NASDAQ), China (Shanghai/Shenzhen-Hong Kong Stock Join), Hong Kong (HKEX), Singapore (SGX) and Australia (ASX), with secure entry to to funding offerings corresponding to Equities, Swap-Traded Funds (ETFs), Futures, Stock Choices, Warrants, Callable Bull/Endure Contracts (CBBCs), Each day 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 Microscopic (NASDAQ: TIGR), is called “Tiger Brokers” in Asia, a leading online brokerage firm specializing in world investors. Founded in 2014, Tiger Brokers grew to change into #1 within the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in decrease than two years. Tiger Brokers used to be awarded “2017 Fintech 250” by CB Insights and shortlisted for “China Leading Fintech 50” for two years in a row by KPMG China. The firm used to be listed on NASDAQ below “TIGR” in 2019 and has workplaces in China, United States, Australia, Fresh Zealand and Singapore. Tiger Brokers has over 1.4 million potentialities worldwide currently, with a full trading volume exceeding USD123.8 billion in Q1 2021. The firm is backed by renowned investors corresponding to Xiaomi, as well to funding guru Jim Rogers.

For extra files, please confer with https://www.tigerbrokers.com.sg

About Phillip Capital Management (S) Ltd

Incorporated in 1999, Phillip Capital Management (PCM) is a fund administration firm with community at some stage within the sing at the side of Singapore, Australia, Hong Kong, Indonesia, Thailand, and United Kingdom. PCM’s products and asset courses encompass unit trusts and segregated discretionary portfolios investing in equities, bonds, cash market and private equity. PCM serves purchasers at the side of private banks, insurance companies, tertiary institutions, sovereign wealth funds and Singapore executive companies and has roughly SGD 2.8 billion (Oct 2021, unaudited) of resources below administration.

A member of PhillipCapital Community, PCM has an established video display anecdote managing funds investing within the Asia Pacific sing and globally, having received fund awards from Unusual & Heart-broken’s and Lipper since 2003.

The funds managed by the Firm encompass the following: Phillip SGX APAC Dividend Leaders REIT ETF (2016 Most progressive ETF by SGX), Phillip SING Profits ETF, Phillip SGD Money Market ETF, Phillip Singapore Accurate Estate Profits Fund, Phillip Global Opportunities Fund, Phillip Global Quality Fund, Phillip Global Rising Yield Innovators Fund, Phillip Money Market Fund, as well to Phillip US Dollar Money Market Fund. The Phillip Money Market Fund is the biggest retail Singapore Dollar cash market fund on the fresh time.

For media enquiries, please contact:

PRecious Communications for Tiger Brokers (Singapore)

Electronic mail: [email protected]

This commercial has now not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Purchasers (“Prospects”) are suggestive in nature and on a pattern basis most effective. This will objective furthermore be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ funding needs and chance profile. Our suggestive and pattern views extended to Prospects are now not to be regarded as as recommendations made by the Firm. Strategies equipped are furthermore according to files that would possibly possibly well possibly be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in now not in a neighborhood to envision.

Tiger Brokers (Singapore) Pte Ltd (herein “Tiger Brokers”) would possibly possibly well objective, to the extent authorised by legislation, retract part or make investments in varied transactions with the issuer of the products referred to herein, slay services or solicit industrial from such issuers, and/or maintain a neighborhood or attain transactions within the securities or alternatives thereof. The facts herein is for recipient’s files most effective and now not an provide to promote or a solicitation to bewitch. Any date or label files is indicative most effective and would possibly possibly possibly be changed with out prior search. All opinions expressed and facts referred to herein are self-discipline to swap with out search. The facts herein used to be bought and derived from sources that we deem are legitimate, however while cheap care has been taken to make obvious stated facts are lovely and opinions are lovely and cheap, Tiger Brokers does now not symbolize that it is gorgeous or full and it’ll now not be relied upon as such. The facts expressed herein is fresh and does now not constitute an provide, advice or solicitation, nor does it constitute any prediction of likely future stock efficiency. Investment involves chance. The label of funding devices can and carry out fluctuate, and any particular individual instrument would possibly possibly well objective skills upward or downward actions, and below sure cases would possibly possibly well objective even change into valueless. Previous efficiency is now not a guarantee of future outcomes. In making ready this files, we didn’t retract into consideration the funding needs, monetary plot back or particular needs of any individual or affiliated companies. Before investing resolution, you ought to discuss to a monetary adviser to attach in thoughts whether this files is suitable to your needs, needs and cases. Tiger Brokers assumes no fiduciary responsibility or licensed responsibility for any penalties monetary or in every other case coming up from trading in securities if opinions and knowledge in this doc would possibly possibly well possibly be relied upon.


Matter: Press originate summary



Source: Tiger Brokers (Singapore) Pte Ltd / Phillip Capital Management


Sectors: Exchanges & Instrument, Each day Finance, Funds & Equities, Blockchain, Technology



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