#Capital Markets #Singapore #Eddid Financial

Eddid Financial's Growth in Southeast Asia

Eddid Financial, an integrated financial services group based in Hong Kong, has taken a significant step in expanding its operations across Southeast Asia. Recently, the company's wholly-owned subsidiary, Eddid Financial Singapore Pte. Ltd., received in-principle approval (IPA) for the Capital Markets Services (CMS) License from the Monetary Authority of Singapore (MAS). This license enables the company to engage in a variety of capital market activities, including dealing in securities and derivatives, product financing, and custodial services.

The approval marks a pivotal moment for Eddid Financial as it embarks on establishing a robust presence in Singapore, a well-recognized financial hub in the region. The company plans to create a comprehensive ecosystem by setting up local offices and assembling dedicated sales and operational teams. As part of this ambitious expansion, plans are underway to develop a custom trading application tailored specifically for the Singapore market. This app is set to provide seamless one-stop trading solutions for local and international stocks, as well as global futures.

Dr. Jerry Tse, the CEO of Eddid Financial, emphasized the strategic importance of this move, stating, "Singapore's emerging role in the Southeast Asian and global financial markets makes obtaining this license essential for our global strategy. We have proactively sought partnerships across Southeast Asia, and we are excited to start offering IPO services to various Southeast Asian companies."

Eddid Financial aims to leverage its extensive experience in global finance to replicate successful operational models observed in Hong Kong and the United States. In recent years, the group has actively pursued opportunities in Southeast Asian markets, establishing key partnerships in countries like Indonesia and Vietnam. The strategic positioning of Singapore within this business network will serve as the foundation for future expansions throughout the region, allowing Eddid Financial to tap into the growing financial landscape.

Aside from securities and derivatives, Eddid Financial intends to broaden its scope of services to include virtual assets, corporate financing, and fund management. This expansion supports the group’s consistent vision of providing comprehensive one-stop solutions across Southeast Asia.

The integrated approach of Eddid Financial is complemented by its commitment to marrying cutting-edge fintech with advanced artificial intelligence technologies. This dedication to innovation enables the group to offer a spectrum of services ranging from retail and institutional finance to asset management and investment banking.

Eddid Financial has established itself as a licensed entity across major financial markets, including various licenses from the Hong Kong Securities and Futures Commission (SFC) and an extensive portfolio of memberships in the U.S. financial marketplace. This multifaceted licensing underscores the company's credibility and operational capabilities in international financial environments.

The recent licensing news not only positions Eddid Financial as a competitive player in Singapore’s financial sector but also reinforces its goal of becoming a leading financial services provider in Southeast Asia. Dr. Tse's commitment to establishing a network of partners and clients throughout the region is indicative of the group's long-term vision to foster synergies that will drive regional growth and innovation.

In conclusion, Eddid Financial's approval for the Capital Markets Services License represents an exciting advancement in its strategy to create a cohesive business framework in Singapore. As it sets the stage for comprehensive financial solutions, the group's efforts are poised to make a significant impact on the evolving financial landscape of Southeast Asia.