ONLINE TRADING
Pandemic sparks digital brokerage boom; incumbents unfazed
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.