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Manila Bulletin devider Business devider The Stock Market devider Tan Caktiong, Sia's DragonFi starts trading operations

Tan Caktiong, Sia's DragonFi starts trading operations

Published Mar 13, 2023 01:07 am
The Philippine Stock Exchange (PSE) announced the start of trading operations of DragonFi Securities Inc., the stock brokerage firm backed by businessmen Edgar Sia II and Tony Tan Caktiong. “The achievement of this milestone brings DragonFi a step closer towards unveiling our best-in-class stock trading platform that will thrill professional and aspirational investors alike,” said DragonFi President and CEO Jon Carlo Lim in a statement. He added that, “The coming weeks will be devoted to beta testing in preparation for our full-scale launch by the end of April.” “DragonFi is the perfect vehicle to uphold our shared belief in the primacy of investing towards long-term wealth creation,” said Sia. DragonFi recently received certification from the PSE for its web and mobile trading platforms. The firm aims to develop a technology driven ecosystem of wealth building tools with the goal of improving investment outcomes. The new stock brokerage said it aims to provide Filipinos with transformational investment platforms that will provide fast, reliable, and secure trade executions to the Philippine equity market. It also intends to provide exclusive digital financial tools and content that is timely, enriching, and easily digestible that can help its customers improve investment outcomes. By leveraging best-in-class investment technologies, DragonFi will provide the most advanced web and mobile applications that will satisfy both neophyte and discerning investors alike. BeeDragon will be the corporate entity that will house the group’s fintech-related endeavors. BeeDragon Global Corporation is a joint venture among Honeystar Holdings Corp., Injap Investments Inc., and the group of Lim. It will be managed by Lim as President and CEO and Cathryn Ann Lao as Director and Chief Technology Officer. Honeystar is the holding company headed by the Tan Caktiong while Injap Investments Inc. is the holding company headed by Sia.
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