Tiger Brokers (Singapore) appoints Ian Leong as CEO

Rick Steves

“I am honored and excited to return to Tiger Brokers (Singapore) as CEO. This company holds a special place in my heart, and I am committed to building on its legacy of excellence.”

In a significant executive shuffle, Tiger Brokers (Singapore) has announced the appointment of Ian Leong as its new Chief Executive Officer (CEO). This move follows the departure of the brokerage firm’s former CEO, Eng Thiam Choon, who stepped down in June.

Ian Leong is a well-known face within Tiger Brokers, having previously served as the Business Development Director–(Retail) from April 2020 to September 2021. During his tenure, Leong showcased remarkable leadership skills coupled with a deep understanding of the financial and capital markets in Singapore and the Southeast Asian region.

Prior to rejoining Tiger Brokers, Leong was the CEO of uSMART Singapore and has also had roles at Lim & Tan Securities and Phillip Securities, accumulating a total of 13 years of experience in the financial industry.

“This company holds a special place in my heart”

“We are delighted to introduce Ian as Tiger Brokers (Singapore)’s new CEO. His strategic vision aligns perfectly with our commitment to growing our presence in Singapore and expanding throughout Southeast Asia,” said Dong Ming, Vice President and Co-Founder of Tiger Brokers Group.

Henry Toh, CFO of Tiger Brokers (Singapore), also spoke highly of Leong, stating, “We are delighted to welcome Ian back as CEO. His established track record in the financial industry, coupled with his prior experience with our institution, make him the ideal candidate both industry-wise as well as in adapting to the vibrant work culture at Tiger Brokers.”

Leong himself expressed enthusiasm about his new role, saying, “I am honored and excited to return to Tiger Brokers (Singapore) as CEO. This company holds a special place in my heart, and I am committed to building on its legacy of excellence.”

Tiger Brokers (Singapore) is a subsidiary of UP Fintech Holding Limited, a NASDAQ-listed online brokerage known as “Tiger Brokers” in Asia. With access to six global exchanges, including those in the U.S., China, and Australia, the platform serves retail investors in Singapore through its trading platform, Tiger Trade.

Leong’s appointment comes at a time when Tiger Brokers is keen on scaling its operations, especially in the Southeast Asian markets. Given Leong’s past record and his understanding of both the company and the financial landscape, Tiger Brokers (Singapore) seems poised to achieve its long-term goals under his leadership.

Read this next

Digital Assets

JPMorgan’s stablecoin ventures into interbank transactions

JPMorgan Chase & Co.’s proprietary digital token, JPM Coin, is set to expand its use case by facilitating interbank transactions on Partior, a blockchain ledger developed in collaboration with DBS Bank, Temasek, and Standard Chartered.

Retail FX

Interactive Brokers’ client base surges past 2.5 million

Interactive Brokers LLC (NASDAQ:IBKR) saw 1.89 million daily average revenue trades, or DARTS, in November 2023 compared to 1.93 million transactions in the prior month. The figure is three percent lower on a yearly basis, and also dropped slightly from a month earlier.

Executive Moves

Andrew Gibson launches TimberFX brokerage brand in Cyprus

After nearly two years at Tavira Securities as Head of Product Development, industry veteran Andrew Gibson is launching a new FX brokerage business based out of Cyprus.

Market News

US Dollar’s Trajectory Amidst Seasonal Trends and Economic Indicators in December 2023

As we traverse the final stretch of 2023, the noteworthy depreciation of the US dollar dominates the financial landscape

Inside View

Unlocking the Financial Potential of SMEs: Is FinTech the Key?

The rise of the gig economy for early-stage startups and freelancers has highlighted the increasing importance of small-scale business transactions and banking requirements. Unfortunately, this has also exposed a significant gap in the SME banking landscape.

Digital Assets

South Africa’s FSCA receives 138 crypto license applications

The Financial Sector Conduct Authority (FSCA) of South Africa is currently processing a slew of applications from cryptocurrency companies seeking operational licenses.

Interviews

Exclusive Interview with Greg Rubin, Head of Axi Select: Unveiling the Future of Capital Allocation in the Financial World

Today, we are thrilled to kickstart another series of exclusive interviews with top executives in the financial services industry, hosted by our FinanceFeeds Editor-in-Chief, Nikolai Isayev. Our next guest is none other than Greg Rubin, the mastermind behind Axi Select.

Digital Assets

Crypto.com receives UK’s EMI license, paving way for regulated expansion

Cryptocurrency exchange Crypto.com has been authorized as an Electronic Money Institution by the United Kingdom’s Financial Conduct Authority (FCA).

Digital Assets

Ripple’s Metaco joins Zodia Custody’s network for connectivity with Layers 0 and 1

“As the industry undergoes a pivotal transformation, our networked infrastructure is dedicated to standardise, govern and connect institutional digital asset flows — an essential step in forging use cases that transcend individual companies.”

<