SGX launches new mobile app to lure young investors

Its inaugural stock carnival has also been unveiled.

The Singapore Exchange will hold its inaugural stock carnival and launch a mobile app to encourage educate young investors and encourage them to start investing.

Recent retail investment trends have shown that almost one-third of new retail CDP account holders are under the age of 25. Targeted at NIBIs (Not Invested But Interested) aged 18 – 30 years old, the SGX My First Stock Carnival takes a hands-on, user-friendly approach to educate investors on how to get started on investing.

The campaign comprises a carnival from February 6 to 8, digital initiatives including an interactive online tool, the launch of SGX Mobile App as well as a weekly radio programme.

To give investors market information on the go, SGX will be launching its mobile app at the carnival. The app is available on both Google Android and Apple iOS platforms.