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Under the Radar: An inside look into online brokerages, what’s next after the pandemic-induced retail trading frenzy, reasons behind moomoo’s move to serve institutional clients

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The online brokerage industry is at the heart of our discussion today. 

The pandemic-induced retail trading frenzy has led to a boom in new online brokers in Singapore as more people put their dollars to work on digital platforms. 

But with the country now back to Dorscon green, how would companies position themselves for the future?

We’re going to speak with online trading platform moomoo to find out more about their future plans. 

The company is apparently also serving financial institutions, and is the main placement agent for the IPO of the maker of the TraceTogether token. But why is it diversifying to serve institutional clients? How much money is in it for them to do so?

On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Gavin Chia, Singapore Managing Director at moomoo.

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