For the third year in a row, OCBC Securities takes the best securities house in Singapore award, a nod to its consistency, client focus, digital capabilities and regional expansion.
Under the leadership of CEO Wilson He, OCBC Securities had an exceptionally strong 2024, driven in part by its focus on bolstering its iOCBC trading platform.
The results were clear: total income in the equities business soared 13% year-on-year in 2024, retail brokerage rose 20%, incremental new clients grew by 40%, active trading accounts jumped 19%, and its foreign market brokerage rose an impressive 28% in the US and 36% in Hong Kong.
On deals, OCBC Securities (through its parent bank OCBC) worked on the roughly S$1 billion ($785 million) equity fundraising for Keppel DC Reit, a marquee deal for the Singapore Exchange that highlighted the firm’s strong execution and distribution capabilities.
OCBC Securities has co-launched the highest number of exchange-traded funds among brokerages in Singapore, driven by strong investor demand
Its ECM pipeline, particularly of mid-cap stocks going public or doing placements, is also strong.
That’s not all. OCBC Securities has co-launched the highest number of exchange-traded funds among brokerages in Singapore, driven by strong investor demand. The combined assets under management for all Lion-OCBC Securities ETFs rose 32% year-on-year in 2024. Its AI Oscar tool has also gained traction since its Singapore launch in 2023, expanding to cover Hong Kong and US markets last year, offering traders personalised stock ideas based on their trading history in a transparent manner.
Next up, OCBC Securities rolled out an enhanced share margin financing platform in 2024, which is set for a launch internationally, including in Japan and the UK, this year, offering investors more diversified investment opportunities.
