Maybank Securities Singapore has raised $150,000 for its "Trade for Good", an annual charity move where a full day of trading profits is donated to the Maybank Momentum Grant.
"Trade For Good is a reminder that the work we do in finance can have a real impact beyond the markets," says Aditya Laroia, CEO, Maybank Securities Singapore.
"By humanising financial services and connecting them to purpose, we show that finance is ultimately about people — empowering lives, uplifting communities and making a difference where it matters most.”
For the past 2 years, a total of $275,000 in proceeds had been donated.
The Maybank Momentum Grant is described as Singapore's first recyclable grant supporting charities with up to 4 months of operating expenditure, capped at $150,000.
The brokerage's staff also organised an internal fundraising called "Food for Good" which raised a total of over $30,000 from staff and friends of Maybank during their lunch break, also contributing to the Trade for Good proceeds.