Welcome!

News Feed Item

Jonathan Yao New CEO of SogoTrade

SogoTrade, Inc. is pleased to announce that effective January 1, 2014, Jonathan Yao, former President of Scottrade Hong Kong LTD, has been named as the company's new CEO. Mr. Yao led a group that recently acquired the brokerage firm.

ST. LOUIS, March 7, 2014 /PRNewswire-iReach/ -- SogoTrade, Inc. is pleased to announce that effective January 1, 2014, Jonathan Yao, former President of Scottrade Hong Kong LTD, has been named as the company's new CEO. Mr. Yao led a group that recently acquired the brokerage firm. As one of his first acts as CEO, Mr. Yao changed the name of the corporation from Wang Investment Associates to SogoTrade, Inc., so that the company could be better identified with its trade name. 

(Photo: http://photos.prnewswire.com/prnh/20140307/MN78895)

Mr. Yao expressed his full confidence in the SogoTrade team telling his employees that "even though SogoTrade is small compared with some of the other discount brokerage firms, it is now positioned to compete with the big firms and succeed where others have failed." Mr. Yao emphasized that SogoTrade has "very competitive technologies and excellent customer service, and more importantly, our employees work as a team and are eager to play a major role, guided by their new leadership, in the global market." 

For 11 years Mr. Yao spear-headed efforts at Scottrade to acquire new accounts and expand its services to the Chinese community in the U.S. When Mr. Yao started at Scottrade in 2001, he was the only Chinese speaking employee in the company and as a consequence was responsible for all efforts to reach and service his target customers, handling everything from strategic marketing and budgeting, to answering phone calls as the only customer service representative. Mr. Yao was able to expand the number of accounts among Chinese-speaking Americans from a mere handful, to over 300,000 by the time he left Scottrade in 2011, representing deposited assets in excess of $5 billion. He later became the President of Scottrade Hong Kong LTD and Director of all of its Asian Pacific Operations. Mr. Yao expressed his great appreciation for Rodger Riney, the founder of Scottrade, stating, "Rodger always showed faith in me and fully supported my efforts to expand into the domestic and international Asian markets."

Addressing the current state of SogoTrade, Mr. Yao explained that "Domestic customers continue to make up the majority of SogoTrade accounts and we continue to explore and develop the US market. At the same time, we'll pay more attention to the fast growing Asian market." Mr. Yao concluded, "China has always had the potential to be a great market force, and now that it has so many wealthy citizens, they will be looking for ways to diversify—and SogoTrade will be there to assist them." 

Mr. Yao's immediate objectives as CEO are to continue improving customer service and provide the most economical, effective and technologically advanced online trading experience for its domestic and international customers. 

In addition to Mr. Yao, the other top executives at SogoTrade are Dennis Maloney, President and Chief Compliance Officer; Florence Tai, Chief Operating Officer; and Robert J. Benbenek, General Counsel. 

About SogoTrade, Inc.

SogoTrade, Inc. is a U.S. online discount stock brokerage firm offering a wide range of investment products including stocks, options, ETFs and educational savings accounts. With its five online trading platforms and its market research tools, SogoTrade provides its Customers with some of the best trading technology while delivering some of the lowest commissions in the industry. SogoTrade offers discounted online trades for as low as $3 for stocks and ETFs, and $5 for Options (plus 50¢ per contract). SogoTrade has offices in New York, St. Louis and Los Angeles with bilingual customer services. They maintain a mail center in Shanghai, China to accommodate their international customers and provide 24-hour customer service, Monday through Friday. For more information visit: http://www.SogoTrade.com

Media Contact: Sheil Chi, SogoTrade, Inc., (314) 814-8228, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE SogoTrade

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that TidalScale, a leading provider of systems and services, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale has been involved in shaping the computing landscape. They've designed, developed and deployed some of the most important and successful systems and services in the history of the computing industry - internet, Ethernet, operating s...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, will describe how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launchi...
SYS-CON Events announced today that TidalScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale is the leading provider of Software-Defined Servers that bring flexibility to modern data centers by right-sizing servers on the fly to fit any data set or workload. TidalScale’s award-winning inverse hypervisor technology combines multiple commodity servers (including their ass...
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
As popularity of the smart home is growing and continues to go mainstream, technological factors play a greater role. The IoT protocol houses the interoperability battery consumption, security, and configuration of a smart home device, and it can be difficult for companies to choose the right kind for their product. For both DIY and professionally installed smart homes, developers need to consider each of these elements for their product to be successful in the market and current smart homes.
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, will lead you through the exciting evolution of the cloud. He'll look at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering ...
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, will provide a fun and simple way to introduce Machine Leaning to anyone and everyone. Together we will solve a machine learning problem and find an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intellige...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere delivers a more modern architectural approach to storage that doesn't require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbui...