IG Group has appointed Gavin Chia as Chief Executive Officer of IG Singapore & Emerging Markets. The company shared the update today (Tuesday) on LinkedIn.

IG Hires Ex-Moomoo SG, Futu Singapore Executive

Chia joins IG after leading Moomoo Singapore, where he served as CEO for over two years. He also held the role of Acting COO. During his time there, he oversaw regulatory approvals, product launches, and regional expansion. Earlier, he was Managing Director at Futu Singapore, helping to establish its local operations and licensing.

His earlier career includes senior roles at UOB Kay Hian, Haitong International Securities, PhillipCapital, CIMB, and CMC Markets in Singapore.

You may find it interesting at FinanceMagnates.com: Moomoo Moves Beyond Stocks with US Crypto Launch Backed by Coinbase.

Commenting on the appointment, Chia said: “Singapore is a hub for increasingly sophisticated investors, and IG is well-placed to serve clients seeking greater choice and deeper market access.”

Meanwhile, William Mead has taken on the role of Head of Operations at IG Group. Mead has held multiple positions at IG Group. For five years, he served as Head of Trading Operations. Prior to that, he was Global Head of Credit and Client Money. Both roles were based in London.

IG Launches Daily Tesla Options with Same-Day Expiry

IG has introduced daily options on Tesla shares, offering same-day expiry contracts that allow traders to open and close positions within a single trading day. This is the first product of its kind globally for an individual stock. The options are available Monday through Thursday via spread betting and contracts for difference on IG’s platform.

While focused on a US-listed stock, the launch aligns with IG’s “Save Our Stock Market” campaign, which encourages retail investment in UK-listed companies and echoes objectives of the UK government’s Leeds Reforms aimed at increasing retail market participation.