Nasdaq-listed eToro to roll out SGX stocks on platform in Asia expansion push
The push follows its MAS capital markets services licence activation last July
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[SINGAPORE] Nasdaq-listed investment platform eToro is stepping up its focus on the Asia-Pacific as a key area for future growth, with Singapore serving as its hub for regional expansion.
It plans to add Singapore Exchange-listed stocks later this year, expanding its international equity offerings – which already include those from major bourses such as Euronext and the stock exchanges of New York, London, Hong Kong and Dubai.
“We will first focus on Singapore before starting to look at other regions, but it is definitely a part of a long-term plan to understand how to utilise Singapore as a hub (for) South-east Asia generally,” eToro founder and chief executive officer Yoni Assia told The Business Times in an interview.
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