Phillip Futures Begins Offering Asian Futures Markets on Trading Technologies' TTNET™

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Aug 01, 2013, 03:31 ET

CHICAGO, Aug. 1, 2013 /PRNewswire/ -- Phillip Futures Inc., a Chicago-based clearing futures commission merchant (FCM) and member of the Singapore-based PhillipCapital Group, is pleased to announce that it now offers select Asian markets on TTNET, a fully managed hosting solution from Trading Technologies International, Inc. (TT), a global provider of high-performance trading software for derivatives professionals.

Phillip Futures Inc. customers now have access to Singapore Exchange (SGX), Osaka Securities Exchange (OSE), Tokyo Commodity Exchange (TOCOM) and Tokyo Stock Exchange (TSE) on TTNET. The firm has plans to continue to add additional Asian markets on TTNET, including immediate plans to launch Bursa Malaysia Derivatives Berhad (BMD) in Q3 2013. Via TT and TTNET, Phillip Futures is able to provide trading access to the US, European, and Asian futures markets.

"We are excited to add to our existing global electronic trading capabilities for our clients. I love that we are able to provide the tools to access new markets to a new audience that may not have been previously available," said Bob Keeley, Senior Vice President of Sales and Business Development with Phillip Futures.

Earlier this year, Phillip Futures Inc. launched co-location access to CME Group's data center in Aurora, IL. The network provides the firms' joint customers with ultra-high-speed, low-latency access to the TT-supported markets traded through the CME Globex platform. "With our own state-of-the-art data center in Aurora, we are well positioned in this market place to meet the highest needs of low-latency traders," Keeley said.

TTNET, TT's fully redundant, global hosting solution, provides proximity-based direct market access (DMA) to dozens of listed derivatives markets. TTNET allows firms to offload the risk and financial commitment associated with internally hosted systems by outsourcing all aspects of network management, software administration and infrastructure maintenance to TT's expert technicians. TTNET currently supports connectivity to nearly 40 exchanges through strategically located hubs in Chicago, New Jersey, Sao Paulo, London, Frankfurt, Singapore, Tokyo and Sydney.

About Phillip Futures Inc.

Established as a Chicago-based futures commission merchant (FCM) in 2010, Phillip Futures Inc. (http://www.phillipusa.com) is a member of the Singapore-based PhillipCapital (http://www.phillip.com.sg/) with full clearing memberships on six derivative exchanges in the U.S. including CME Group, NYSE LIFFE-US and CFE. Through PhillipCapital, Phillip Futures Inc. offers access to more than 20 derivative exchanges in Asia. In the United States, Phillip Futures has one of the most comprehensive offerings of direct market access to Asia futures markets, including SGX, OSE, TOCOM and BMD. Phillip Futures Inc. was listed among the Top 50 Brokers in Futures Magazine, ranking #34 in 2012.

Laura Chia
Phillip Futures Inc.
O: 312-956-9000 x8000
[email protected]

SOURCE Phillip Futures Inc.