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Milestones
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Milestones

1983 1 December 1983 Inaugurated as Phillip Commodities Pte Ltd and subsidiary of Phillip Securities Pte Ltd. It is also one of the founding clearing members of Singapore Exchange Derivatives Trading (SGX-DT).
1990-1995

In year 1992, Phillip Commodities gain stability with yearly expansion of staff and locals. It started to set up in arbitrage and increase volume from institution customers who do Market Making.

17 November 1994, Phillip Commodities was renamed Phillip Futures Pte Ltd.

1996 - 1999

In the year 1996, there were improvement in the following sectors:

  • Manage our own order-filling groups
  • Staff strength increased substantially
  • Focus on recruiting professional and dedicated order-filling group

19 September 1997, as subsidiary of Phillip Securities Pte Ltd, Phillip Futures was renamed Phillip GNI Futures Pte Ltd. due to the joint venture in September 1997.

In September 1998, POEMS Futures was launched. Phillip GNI Futures Pte Ltd became the first brokerage in Asia to provide clients with a one stop multi-product internet trading system.

During 1998, Phillip GNI Futures Pte Ltd was one of the largest SIMEX operations supporting its business and enabling it to rank consistently among the top most active SIMEX Clearing member. It is also the first in Singapore to establish Trading Centre for Electronic Locals (Individual SIMEX Members).

In February 1999, the POEMS FOREX was launched which made it the first in Singapore to offer internet trading Futures, SPOT FOREX and SPOT Gold/Silver on an electronic platform.

The successful development of the company during these years was also contributed by the clients’ value for the company.

2000 - 2005

Awarded eBroker of the Year by Arthur Andersen & Consumer Association.

In 2001, Phillip GNI Futures Pte Ltd was awarded SGX Top Volume for 4th ETS Clearing Volume.

Due to changes in the management structure and stake-holder position, Phillip GNI Futures Pte Ltd was renamed back to Phillip Futures Pte Ltd in 31 December 2002.

Continuing the company’s previous efforts, Phillip Futures Pte Ltd was awarded SGX Top Volume for 2nd ETS Clearing Volume and SGX Top Volume for 4th Derivatives Clearing Volume in the year 2002.

In year 2003, Phillip Futures launched the million-dollar POEMS Professional, which has become a household name for all traders in the industry.

By the end of March 2005, we were able to provide high speed execution trading arcade at Grand Building for SGX products.

2006 - 2008

In year 2006, Phillip Futures Pte Ltd has the greatest number of Locals in Singapore. Back in year 1998, it started with 15 locals, currently we have 190 locals doing electronic trading of SGX products.

We have also launched GL and TT to cater to the institution channel.

Phillip Futures Pte Ltd became a SICOM Member in January 2008.

During these years, Phillip Futures has expanded in the areas of human resources, revenue, business development and trading platform.

Currently we have more than 130 staff in the company. We have also explored overseas market actively and our business performance has increased exponentially as well.

In May 2008, Phillip Futures launched FX365 and FX trader—specialised online trading platforms for the trading of Forex to cater to the growing Forex trading community.

2009 - Present

Phillip Futures awarded SICOM's Top Volume Clearing Member (Broker) 2009.

Phillip Futures is proud to launch connectivity to Bursa Malaysia, offering electronic trading of flagship Malaysian products of Kuala Lumpur Composite Index (KLCI) and Crude Palm Oil (CPO) futures.

In September 2009, PhillipCapital’s chairman, Mr Lim Hua Min, was awarded the prestigious SGX Special Achievement Award and honoured for spearheading innovation in the derivatives and securities industry.

Phillip Futures strives to continually improve and grow through enhancements in our trading platforms (such as Pro-Chart and Bullet News), and to work towards excellent client-servicing standards.