Pandemic sparks digital brokerage boom; incumbents unfazed

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Published Thu, Dec 16, 2021 · 09:50 PM

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.

Brokerages Digitalisation Financial planning

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