Press Releases
July 23, 2008
SogoTrade appoints Richard Hsiung to Deep Discount Broker's Advisory Board
NEW YORK – July 23, 2008 – SogoTrade, the deep discount online brokerage and home of the $3.00 online trade, has announced the addition of Richard Hsiung to its advisory board. Hsiung brings to SogoTrade more than 20 years of experience as a business leader and executive in the advertising, biotech and digital and online media industries.
"Our management team is thrilled to have access to Richard’s wide-ranging business experience and expertise," said David D. Whitmore, president of SogoTrade. "We are confident that Richard's advice and guidance will add significant value for SogoTrade as we continue to grow.”
Hsiung currently holds several executive positions. He is the co-chairman, CEO, and member of the board of directors of TGI, Ltd., an Internet media holdings company which operates social networking Web site, Newsgroup.la, and Internet media delivery platform, NuwTube. He serves as CEO of mobile phone and Internet application provider, eLoft Media, and is a member of the board of directors of eLoft, Ltd. Finally, he is the chairman and member of the board of directors of WellsCorp, Ltd., producer of WellsLife brand herbal products. Previously, Hsiung launched direct and Internet marketing agency, Wunderman, and media strategy, planning and buying firm, MediaEdge. He has served as advisor to Far Eastern Group’s chairman, Douglas Hsu, and has also served as vice president and creative director of Young & Rubicam, New York, Y&R Special Markets Division.
Hsiung received a BS from the University of Maryland and an Executive MBA from the Stanford Graduate School of Business. In 1981, 1986, and 1995, Hsiung received the Clio International Advertising Award and in 2005 was honored with the Dentsu International Achievement Award for Management Excellence.
About SogoTrade
SogoTrade (http://www.sogotrade.com) is the online retail brokerage division of Genesis Securities LLC. (http://www.gndt.com). SogoTrade offers advanced online trading and research tools, fast trade executions, and superior customer service. With $1.50 - $3.00 online trade commissions and some of the lowest margin interest rates in the industry, SogoTrade empowers investors to participate in financial markets at a very low cost.
SogoTrade is a division of Genesis Securities LLC. Securities products and services are offered by Genesis Securities, member FINRA/SIPC.
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