CHICAGO, Nov. 9, 2016 /PRNewswire/ -- Phillip Capital Inc. ("Phillip Capital"), a member of the Singapore-based PhillipCapital Group ("the Group"), is proud to supplement its list of exchange memberships with the newest addition of ICE Futures Europe. Home to futures and options contracts for crude and refined oil, interest rates, equity derivatives, natural gas, power, coal, emissions and soft commodities, ICE Futures Europe is currently home to 50% of the world's crude and refined oil futures trading.
"As a U.S. company with Asian roots, Phillip Capital wants to provide customers with access to both major and emerging markets," said Lynette Lim, Director & Co-CEO of Phillip Capital. "The latest addition of ICE Futures Europe to our exchange portfolio helps us to solidify that goal."
Chicago-based Phillip Capital, established as a futures commission merchant (FCM) in 2010, started with CME Group exchange memberships and subsequently acquired memberships on CBOE Futures Exchange (CFE), ICE Futures U.S. (ICE US), Nasdaq Futures Inc. (NFX) and Dubai Mercantile Exchange (DME). In addition to executing and clearing futures transactions, Phillip Capital is also a registered broker-dealer firm with the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC), clearing equities as a member of the Depository Trust Clearing Company (DTCC).
Globally, the Group clears 27 exchanges, including Singapore Exchange (SGX), Hong Kong Exchange (HKEX), Bursa Malaysia (BMD), and ICE Futures Singapore (ICE SG). Established in Singapore in 1975, the Group currently operates in 16 countries, offering a comprehensive suite of financial services spanning futures, OTC forex, equities, fixed income, bonds, unit trusts, real estate, and insurance.
About Phillip Capital Inc.
Established as a Chicago-based futures commission merchant (FCM) in 2010, Phillip Capital Inc. (http://www.phillipcapital.com) is a member of the Singapore-based PhillipCapital Group (http://www.phillip.com.sg) with full clearing memberships on eight derivative exchanges including CME Group, CFE, ICE US and NFX in the U.S. and DME in Dubai. Through the PhillipCapital Group, Phillip Capital Inc. offers access to 30 derivative exchanges in Asia, U.S. and Europe.
About the PhillipCapital Group
Since 1975, the PhillipCapital Group network has grown into an integrated Asian financial house with a global presence that offers a full range of quality and innovative services to retail and high net worth individuals, family offices, corporate and institutional customers.
Its comprehensive suite of financial products and services includes broking in securities, futures, foreign exchange, bonds, precious metals and commodities, unit trusts, contracts for difference, exchange traded funds, fund management, managed accounts, insurance planning, regular savings plan, investment research, equity financing and property consultancy. Institutions can also benefit from our corporate finance and advisory services as well as information technology solutions.
With more than 3,500 employees and over 1 million clients worldwide, assets under custody/management totals more than USD 30 Billion, with shareholders' funds in excess of USD 1 Billion.
PhillipCapital Group operates in the financial hubs of 16 countries, including offices in Japan, Hong Kong, Singapore, Malaysia, China, India, Indonesia, Thailand, Cambodia, Sri Lanka, UAE, France, Turkey, Australia, USA and UK.
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SOURCE Phillip Capital Inc.