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DBS VICKERS SECURITIES Company
DBS Vickers Securities Company: A Comprehensive Overview
1. Company Overview
Founding Date and Background
DBS Vickers Securities Company, a prominent player in the financial services industry, was established in 1986. It has built a reputation as a reliable securities and derivatives brokerage firm, with a strong focus on the Asian market.
Parent Company/Owership Structure
DBS Vickers is a wholly-owned subsidiary of DBS Bank, the largest bank in Singapore and a key player in the Asia-Pacific region. This ownership structure provides DBS Vickers with the stability and resources of a major financial institution.
Headquarters Location
The company is headquartered in Singapore, specifically at 12 Marina Boulevard, Marina Bay Financial Centre Tower 3, Singapore, 018982.
Global Business Scope
DBS Vickers operates not only in Singapore but also has a significant presence in various Asian markets, including Thailand, Hong Kong, Indonesia, and the Philippines. Additionally, the firm has offices in major financial hubs like New York and London, allowing it to cater to a diverse clientele.
Main Regulatory Bodies
DBS Vickers is regulated by the Monetary Authority of Singapore (MAS) and the Securities and Exchange Commission (SEC) of Thailand. These regulatory frameworks ensure that the firm adheres to strict compliance and operational standards.
2. Company History and Development
Key Milestones
DBS Vickers has achieved several key milestones since its inception, including:
- 1996: The firm became a registered member of the Stock Exchange of Thailand (SET) and the Thailand Futures Exchange (TFEX).
- 2009-2017: DBS Bank, the parent company, was recognized as the "Safest Bank in Asia" by Global Finance for nine consecutive years.
- 2016: DBS Bank was awarded the title of "Worlds Best Digital Bank" by Euromoney.
Business Expansion Journey
DBS Vickers has expanded its services to include a comprehensive suite of brokerage services, catering to both retail and institutional clients. The company has also enhanced its technological capabilities by developing proprietary trading platforms that facilitate efficient trading.
Customer Base Growth
The company's focus on providing quality services has led to significant growth in its customer base, which includes individual investors, corporate clients, and institutional investors across Asia and beyond.
Platform Development History
DBS Vickers has developed several trading platforms over the years, including:
- DBSV Online Platform: A web-based platform for seamless trading.
- DBSV MTrading Thailand: A mobile app designed for active trading on the go.
- Settrade Streaming: A platform popular among Asian traders for real-time trading.
Important Awards or Recognitions Received
Throughout its history, DBS Vickers has received numerous awards, including accolades for its research capabilities and customer service excellence, further solidifying its position in the financial services sector.
3. Trading Services Offered
Forex Trading Options
DBS Vickers offers a range of forex trading options, providing access to multiple currency pairs. This allows traders to engage in foreign exchange markets effectively, although specific numbers of currency pairs offered can vary based on market conditions.
Stock Trading Options
The firm provides comprehensive stock trading services, allowing clients to trade on major exchanges, including the U.S., Singapore, and Thailand. Clients can access a wide variety of stocks, including blue-chip companies and emerging market stocks.
CFD Trading Products
DBS Vickers also offers Contracts for Difference (CFDs), enabling clients to speculate on price movements of various assets without owning the underlying asset. This includes equities, indices, and commodities.
Other Financial Instruments
While DBS Vickers does not currently offer cryptocurrency trading, it provides access to a range of other financial instruments, including commodities (like gold and oil) and fixed-income securities (such as bonds).
Special Services or Unique Advantages
DBS Vickers is known for its robust research capabilities, offering clients access to in-depth market analysis and investment insights. Additionally, the firm provides unique accounts for young investors, allowing them to trade with lower fees and access educational resources.
4. Regulatory and Legal Background
Detailed Regulatory Information
DBS Vickers is regulated by several bodies, including:
- Monetary Authority of Singapore (MAS)
- Securities and Exchange Commission (SEC) of Thailand
- Securities Investor Protection Fund (SIPF) in Thailand, which protects investors in the event of broker insolvency.
Legal Entity Structure by Region
The legal structure of DBS Vickers varies by region, with its primary operations in Singapore and Thailand, supported by local regulatory frameworks.
Client Fund Protection Measures
DBS Vickers ensures the protection of client funds through strict regulatory compliance and operational protocols. Client funds are held separately from the firm's operational funds to mitigate risks.
Countries/Regions Served
DBS Vickers primarily serves clients in Asia, including Singapore, Thailand, Hong Kong, and Indonesia, while also catering to international clients through its offices in New York and London.
Compliance History
The firm has maintained a strong compliance record, adhering to the regulations set forth by the relevant authorities in the regions it operates. This commitment to compliance enhances its reputation as a trustworthy brokerage.
5. Competitive Landscape
3-5 Main Competitors
DBS Vickers faces competition from several key players in the brokerage industry, including:
- OCBC Securities
- UOB Kay Hian
- Phillip Securities
- Maybank Kim Eng
Positioning in the Industry
DBS Vickers is positioned as a leading brokerage firm in Singapore and Southeast Asia, leveraging its strong parent company, extensive market knowledge, and advanced trading platforms to attract clients.
Market Differentiation Factors
DBS Vickers differentiates itself through:
- Strong Research Capabilities: The firm provides clients with access to comprehensive research reports and market insights.
- Technological Innovation: Continuous investment in technology ensures that clients have access to state-of-the-art trading platforms.
- Customer Support: The firm is known for its responsive customer service and support, enhancing the overall client experience.
Conclusion
DBS Vickers Securities Company has established itself as a reputable and reliable brokerage firm in the financial services industry. With a strong foundation rooted in its parent company, a broad range of trading services, and a commitment to regulatory compliance, DBS Vickers is well-positioned to serve its diverse clientele across Asia and beyond.
For more information on DBS Vickers Securities and its offerings, please visit their official website or contact their customer support team.
Learn more about their trading platforms and investment opportunities.