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Phillip Futures Inc.
usinfo | 2013-07-05 10:52
Phillip Futures Inc. is a member of the Singapore-based PhillipCapital, and represents PhillipCapital`s first foray into the U.S. The firm has recently been listed among the Top 50 Brokers in Futures Magazine, ranking #34 in 2012.
Phillip Futures offers direct membership to over 20 derivative exchanges and has one of the most comprehensive offerings in the United States of direct market access to Asia futures markets, including SGX, TOCOM, BMD, and others. In addition, it has full clearing membership to the CME, CBOT, COMEX, NYMEX, NYSE LIFFE US, and CFE. The firm is located at the historic Chicago Board of Trade building.
Established in 1975 as a stock broking firm in Singapore, PhillipCapital employs more than 3,500 people worldwide with member companies operating in Singapore, Hong Kong, China, Japan, Malaysia, Thailand, Indonesia, Sri Lanka, United Kingdom, France, Australia, Turkey, India and the U.S. With shareholder's equity greater than $1 billion and global assets under custody greater than $18 billion, the group has been profitable each year since its founding 37 years ago.
History
Established as a Chicago-based futures commission merchant (FCM) in 2010, Phillip Futures over the past year has obtained full clearing memberships on numerous U.S. exchanges, including all of the CME Group markets (CME, CBOT, NYMEX and COMEX), NYSE Liffe U.S. and most recently, CBOE Futures Exchange (CFE), with additional clearing memberships pending.
PhillipCapital’s network of companies offer execution, clearing and direct electronic trading connectivity globally for the U.S. and Asian exchanges. Memberships of PhillipCapital intermediary companies include SGX and SMX (Singapore); HKEx (Hong Kong); OSE, TSE and TOCOM (Japan); BURSA (Malaysia); ICDX and IDX (Indonesia); TFEX and SET (Thailand), and TDE (Turkey).
Phillip Futures offers direct membership to over 20 derivative exchanges and has one of the most comprehensive offerings in the United States of direct market access to Asia futures markets, including SGX, TOCOM, BMD, and others. In addition, it has full clearing membership to the CME, CBOT, COMEX, NYMEX, NYSE LIFFE US, and CFE. The firm is located at the historic Chicago Board of Trade building.
Established in 1975 as a stock broking firm in Singapore, PhillipCapital employs more than 3,500 people worldwide with member companies operating in Singapore, Hong Kong, China, Japan, Malaysia, Thailand, Indonesia, Sri Lanka, United Kingdom, France, Australia, Turkey, India and the U.S. With shareholder's equity greater than $1 billion and global assets under custody greater than $18 billion, the group has been profitable each year since its founding 37 years ago.
History
Established as a Chicago-based futures commission merchant (FCM) in 2010, Phillip Futures over the past year has obtained full clearing memberships on numerous U.S. exchanges, including all of the CME Group markets (CME, CBOT, NYMEX and COMEX), NYSE Liffe U.S. and most recently, CBOE Futures Exchange (CFE), with additional clearing memberships pending.
PhillipCapital’s network of companies offer execution, clearing and direct electronic trading connectivity globally for the U.S. and Asian exchanges. Memberships of PhillipCapital intermediary companies include SGX and SMX (Singapore); HKEx (Hong Kong); OSE, TSE and TOCOM (Japan); BURSA (Malaysia); ICDX and IDX (Indonesia); TFEX and SET (Thailand), and TDE (Turkey).
Products and Services
In December 2012, Phillip Futures Inc., the Chicago-based full-service futures clearing entity of Singapore's Phillip Capital, and Trading Technologies International, Inc. (TT), a leading global provider of professional derivatives trading software and solutions, announced that the firms have expanded their global relationship to begin offering TT's high-speed derivatives execution solutions to Phillip Futures' customers in the U.S.
The new initiative between Phillip Futures and TT builds on the success of the firms' existing Asia-centric distribution agreement and coincides with the launch of Phillip Futures' U.S.-based trading network, which offers co-location access to CME Group's data center in Aurora, IL. The network will provide the firms' mutual customers with ultra-high-speed, low-latency access to the TT-supported markets traded through the CME Globex platform. These include CME Group's interest rate, equity index, FX, agricultural, real estate, weather, metals and energy products as well as contracts listed on CME Group partner exchanges including BM&FBOVESPA, Bursa Malaysia, Dubai Mercantile Exchange and Minneapolis Grain Exchange.
This arrangement will allow Phillip Futures to expand its position in the U.S. by enabling clients in that region to easily access TT's high-performance X_TRADER platform and technology solutions, including TT's server-based algo design and execution solution, ADL. TT's platform will be integrated with Phillip Futures' back-office and proprietary third-party applications, providing a robust, full-service derivatives trading experience.
In December of 2012, CQG and Phillip Futures, Singapore partnered to provide CQG's high-performance trading front-end platforms to Asia-Pac traders. Through partnership with CQG, Phillip Futures’ clients are able to use CQG Integrated Client, the company’s platform for order execution, reliable market data, and sophisticated technical analysis, as well as CQG Trader to route orders to exchanges worldwide. CQG Trader offers real-time quotes, trading, and order management and is available in multiple languages, including Chinese and Japanese.
Key People
Lynette May-Tjuen Lim, CEO Of The U.S. Office
Cameron Frazier, CFO
George Cocokios, Senior Operations Manager
Bob Keeley, SVP Sales and Business Development
