FOUNDER & CHIEF EXECUTIVE OFFICER

WONG JOO SENG

Wong Joo Seng is founder and CEO of Spark Systems. A company he conceptualised and co-founded in April 2016. Spark Systems’ focus is on building the next generation of FX trading platforms that are ultra-fast, low latency, resilient and cost efficient. The company is a recipient of an MAS FSTI grant.

Joo Seng is also a Venture Capitalist and is a Venture Partner with Vickers Venture Partners, an Investment Partner with True Global Ventures and a founding member of Vanda Global Capital.

Joo Seng is also co-founder of M-DAQ; Jan 2010 and the company’s founding Non Executive Chairman. He then assumed the role of Executive Chairman in Jan 2014 and led the company to a successful Series C investment round at a valuation of $250 million with a major e-commerce company in Nov 2015.

Prior to M-DAQ, Joo Seng was the Managing Director and Chief Executive Officer of G K Goh Financial Services (S) Private Ltd., (GKGFS) then a member firm of Singapore Exchange – Derivatives Trading (“SGX- DT”). GKGFS is the wholly owned securities & derivative brokerage and foreign exchange trading subsidiary of G K Goh Holdings Ltd; a Singapore listed company. He joined in 1998 and was instrumental in the start-up of the unit as its founding CEO, a role he continued in until his departure in Jan 2014 when he joined M-DAQ as Executive Chairman. In his time there, he grew GKGFS into one of the largest institutional foreign exchange trading houses in Asia.

Joo Seng started his career in 1987 in United Overseas Bank Singapore as a trader in Gold, Silver, Platinum over-the-counter Spot, Forwards and Options as well as exchange traded Futures and Options.

Thereafter he joined Republic National Bank of New York, Singapore; now part of the HSBC, as Vice President – Foreign Exchange & Precious Metals Options. At Republic National Bank of New York, he was responsible for interbank price-making and risk management of the bank’s foreign exchange and precious metal options portfolio in Asia, as part of a global options risk management team with centers in New York, London and Singapore.

He subsequently joined Bank of New Zealand in Wellington, New Zealand as Manager – Foreign Exchange Options where he was overall in charge of the currency options desk. His responsibilities included the strategic positioning of the bank’s global currency options portfolio and all price-making activities to both retail & institutional clients of the bank as well as to the interbank market at large.

He returned to Singapore to take up the position of Head of Treasury at TLB Bullion and Futures, the wholly owned derivative brokerage arm of Tat Lee Bank Singapore, prior to joining G K Goh to start up and run G K Goh Financial Services (S) Private Ltd.

Joo Seng holds a Bachelor of Science in Economics and Mathematics from the National University of Singapore. He is also a member of Mensa Singapore, the local chapter of Mensa International.