Saxo Markets HK hires Sean Ma to lead institutional business in Greater China
“Saxo is well-positioned to work with more institutional clients in the region to accelerate their digital transformation and improve end client experience.”
The Hong Kong operation of Saxo Markets has appointed Sean Ma as Head of Saxo Institutional, which covers both wholesale clients – banks, brokers, wealth managers, and fintech firms – and direct B2B client businesses.
The online trading specialist announced the appointment as the broker aims to further expand the institutional offering across the Greater China region.
Wholesale clients have been leveraging Saxo’s digital value chain since 2001, which allows them to provide a comprehensive set of investment products and services via digital platforms under a Business-as-a-Service (BaaS) model.
Saxo’s B2B2C offering also focuses on user experience, allowing partners to use a combination of various customizable user interfaces available and integrate with Saxo’s infrastructure through a holistic set of APIs which the platforms are themselves built on top of.
Saxo Institutional also offers B2B services, comprising of prime brokerage and execution services to hedge funds, family offices, prop traders, and corporate hedgers.
The trading offering ranges from cash products such as stocks, bonds, mutual funds, to derivatives such as futures and options (listed and OTC) in a single account.
Sean Ma to drive Saxo growth across the Greater China region
Sean Ma will report to Ivan Chang, Regional Head of Saxo Institutional, APAC, and to Richard Douglas, CEO of Hong Kong.
Based in Hong Kong, Sean Ma will be responsible for leading the Institutional team, exploring business opportunities and driving growth in the region.
Richard Douglas, CEO of Hong Kong, Saxo Markets, said: “Hong Kong has always been an international financial hub with financial institutions of all sizes servicing clients worldwide. As a FinTech pioneer with award-winning platforms and 30 years of experience, Saxo is well-positioned to work with more institutional clients in the region to accelerate their digital transformation and improve end client experience. Ma brings the expertise and energy we’re looking for and bolsters our overall ambition in the region across both retail and institutional segments.”
Ivan Chang, Regional Head of Saxo Institutional, APAC, Saxo Markets, commented, “In APAC, we currently work with partners in many sectors. They come to us for a seamlessly integrated and outsourced digital value chain, which allows them to reduce cost and complexity, and focus on their clients. Ma will play a key role as we continue to grow regionally, and we look forward to welcoming more partners in Hong Kong and the region.”
Sean Ma has over a decade of experience in the securities and futures industry, including several senior management role. He was also the founding member of two Hong Kong licensed firms, leading the team to fully operational and break even within one year.
Sean Ma, Head of Saxo Institutional HK, said: “It’s my great honour to take on this role and lead the team in the region. The Institutional commercial area is a crucial piece for Saxo. I’m excited to be a part of the growth of a global FinTech pioneer like Saxo. I’m looking forward to contributing to the team and helping our institutional partners to achieve their goals.”
