KGI FUTURES (SINGAPORE) PTE. LTD.Ong First Tradition Pte. Ltd. (“Ong First Tradition”), a leading Singapore futures broker with a rich heritage as the first futures brokerage in Singapore and a pioneer clearing Member of the Singapore Exchange – Derivatives Trading (SGX-DT), entered into a strategic M&A with KGI Securities Co. Ltd. (KGI Securities), a wholly-owned subsidiary of Taiwan Stock Exchange (TWSE)-listed China Development Financial Holding Corporation and the second largest securities company in Taiwan, to form KGI Futures (Singapore) Pte. Ltd. This strategic transaction will see the emergence of a new force in Singapore’s financial services market, capable of offering a wide range of financial services including securities, futures, derivatives, foreign exchange as well as wealth management and corporate finance solutions.
KGI FUTURES (SINGAPORE) PTE. LTD.Ong First Tradition Pte. Ltd. (“Ong First Tradition”), a leading Singapore futures broker with a rich heritage as the first futures brokerage in Singapore and a pioneer clearing Member of the Singapore Exchange – Derivatives Trading (SGX-DT), entered into a strategic M&A with KGI Securities Co. Ltd. (KGI Securities), a wholly-owned subsidiary of Taiwan Stock Exchange (TWSE)-listed China Development Financial Holding Corporation and the second largest securities company in Taiwan, to form KGI Futures (Singapore) Pte. Ltd. This strategic transaction will see the emergence of a new force in Singapore’s financial services market, capable of offering a wide range of financial services including securities, futures, derivatives, foreign exchange as well as wealth management and corporate finance solutions.
KGI FUTURES (SINGAPORE) PTE. LTD.Ong First Tradition Pte. Ltd. (“Ong First Tradition”), a leading Singapore futures broker with a rich heritage as the first futures brokerage in Singapore and a pioneer clearing Member of the Singapore Exchange – Derivatives Trading (SGX-DT), entered into a strategic M&A with KGI Securities Co. Ltd. (KGI Securities), a wholly-owned subsidiary of Taiwan Stock Exchange (TWSE)-listed China Development Financial Holding Corporation and the second largest securities company in Taiwan, to form KGI Futures (Singapore) Pte. Ltd. This strategic transaction will see the emergence of a new force in Singapore’s financial services market, capable of offering a wide range of financial services including securities, futures, derivatives, foreign exchange as well as wealth management and corporate finance solutions.