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
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, discussed how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved efficienc...
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
In his session at @DevOpsSummit at 19th Cloud Expo, Yoseph Reuveni, Director of Software Engineering at Jet.com, will discuss Jet.com's journey into containerizing Microsoft-based technologies like C# and F# into Docker. He will talk about lessons learned and challenges faced, the Mono framework tryout and how they deployed everything into Azure cloud. Yoseph Reuveni is a technology leader with unique experience developing and running high throughput (over 1M tps) distributed systems with extre...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., and Logan Best, Infrastructure & Network Engineer at Webair, focused on real world deployments of DDoS mitigation strategies in every layer of the network. He gave an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He also outlined what we have found in our experience managing and running thousands of Linux and Unix ...
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.