Online trading and investment specialist Saxo Capital Markets HK Limited today announced the appointment of Sean Ma as Head of Saxo Institutional, to further expand the institutional offering across the Greater China region.

Saxo Institutional covers both wholesale client and direct B2B client businesses. Wholesale clients who are typically banks, brokers, wealth managers and fintech firms worldwide, have been leveraging on Saxo Group’s Business-as-a-service (Baas) digital value chain since 2001. Through a collaboration with Saxo, they are able to provide a comprehensive set of investment products and services via digital platforms, without requiring heavy capital expenditure or continuous maintenance of systems and operations, since they are fully taken care of by Saxo’s BaaS.

Apart from wholesale, Saxo Institutional has an equally solid track record in offering B2B services comprising of prime brokerage and execution services to hedge funds, family offices, prop traders, and corporate hedgers.

Ma will report to Ivan Chang, Regional Head of Saxo Institutional, APAC, and will be responsible for leading the Institutional team, exploring business opportunities and driving growth in the region. Based in Hong Kong, Ma will also report to Richard Douglas, CEO of Hong Kong.

Richard Douglas, CEO of Hong Kong, Saxo Markets, comments,

“Hong Kong has always been an international financial hub with financial institutions of all sizes servicing clients worldwide. As a FinTech pioneer with award-winning platforms and 30 years of experience, Saxo is well-positioned to work with more institutional clients in the region to accelerate their digital transformation and improve end client experience. Ma brings the expertise and energy we’re looking for and bolsters our overall ambition in the region across both retail and institutional segments.”

Prior to joining Saxo, Ma has been with top financial institutions in the securities and futures industry and FinTech related sectors. With over a decade’s experience, Ma was in several senior management roles and was the founding member of two Hong Kong licensed firms, leading the team to fully operational and break even within one year. Half of his career time is spent in Hong Kong, and the other half is in mainland China.

Commenting on his appointment, Ma says,

“It’s my great honour to take on this role and lead the team in the region. The Institutional commercial area is a crucial piece for Saxo. I’m excited to be a part of the growth of a global FinTech pioneer like Saxo. I’m looking forward to contributing to the team and helping our institutional partners to achieve their goals.”