Pandemic sparks digital brokerage boom; incumbents unfazed
Add BT as a preferred source
Singapore
THE pandemic-induced retail trading frenzy has sparked a flurry of new online brokers in Singapore as more consumers put their dollars to work on digital platforms.
Dangling commission-free trades, cash credits, free shares and even fractional trading, the fresh entrants are laser-focused on courting younger investors, turning up the heat on the local brokerage landscape.
TRENDING NOW
Dim sum chain Tim Ho Wan to close first Singapore outlet as part of Plaza Singapura’s redevelopment
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Sunway MCL, CSC make bold bet on River Valley site with S$1,730 psf ppr bid at S$750.6 million
DBS sees 46% upside for Jardine Matheson; analysts expect it to surpass ‘conservative’ targets
