View Phillip Futures’ most recent news releases.
6 May 2021
Phillip Futures offers derivatives trading on Hanoi Stock Exchange via CQG platform
Singapore, 6 May 2021 – Phillip Futures, one of the region’s top brokerages, announced a new milestone in its partnership with CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges. Phillip Futures will now offer VN30 futures from the Hanoi Stock Exchange (HNX) to its customers using the CQG platform.
In addition, customers of Phillip Futures can also use CQG to trade futures contracts from Borsa Istanbul, Thailand Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange and Shanghai International Energy Exchange. Teyu Che Chern, CEO of Phillip Futures said, “CQG’s platform is well received by our customers, and we are excited to offer more products to help expand their trading opportunities.”
14 September 2020
Phillip Futures provides customers with a seamless digital onboarding experience with AI-powered identity verification technology
Singapore, 14 September 2020 – Phillip Futures announces a new breakthrough in its customer onboarding experience with the use of Jumio’s AIpowered identity verification solutions. Integrating this into its online account opening process, Phillip Futures aims to provide customers with a fast and secure digital onboarding experience while adhering to data privacy standards and meeting compliance obligations.
The online identity verification tool conducts an identity proof check for authentication and validity, a similarity check (where the applicant’s face has to match his identify proof), and a liveness check (where the applicant moves physically in accordance with onscreen instructions), before giving a definitive answer on whether the applicant is who he says he is, in under five minutes.
3 February 2020
Phillip Futures Wins Singapore Exchange Awards
Singapore, 3 February 2020 – Phillip Futures marked a milestone with a strong showing at the 2019 Singapore Exchange (SGX) Annual Awards, garnering for the first time, wins across two categories. SGX unveiled the winners of SGX Annual Awards recently, recognising members who contribute to market volume on the exchange. Phillip Futures won the ‘Top 5 SGX-DT Member Award 2019’, which gives recognition to members who achieved top volume in the derivatives market in 2019. As one of the pioneer clearing members of Singapore xchange Derivatives Trading (SGX–DT), Phillip Futures has played significant roles in the exchange’s derivatives market ecosystem. With this recognition, the Singapore-based broker joins the ranks of global investment banks ABN Amro, JP Morgan, Merill Lynch and Societe Generale, who are winners in the same award category.
Phillip Futures also continued its tradition of being ranked ‘Top 3 SGX SICOM Rubber Clearing Member 2019’ for the integral role it plays in growing the rubber market.
26 September 2019
Phillip Futures CEO is named CEO of the Year at the FOW and Global Investor Asia Capital Markets Awards 2019
SINGAPORE – Thursday 26 September 2019 – Phillip Futures is pleased to announce that its Chief Executive Officer, Mr Teyu Che Chern has been named ‘Chief Executive Officer of the Year 2019’ at the FOW and Global Investor Asia Capital Markets Awards 2019.
The event was held on 25 September 2019 at the Marina Mandarin, Singapore. FOW (Futures & Options World) is the futures arm of Global Investor Group, with a market-leading portfolio of events across the globe to explore what new markets have to offer and to find out which exchanges, banks, brokers and technology firms are leading the way in the markets. The FOW and Global Investor Asia Capital Markets Awards are held annually to honour outstanding professionals and companies in the Asian futures industry. Winners are decided by a distinguished panel of industry veterans.
On winning the award, Mr Teyu said, “I am humbled and honoured. I am grateful to the shareholders of PhillipCapital Group for providing opportunities, clients and exchange partners for showing support and colleagues for their faith in me.”
23 November 2018
PHILLIP FUTURES ACCEPTED AS PRIMARY MEMBER OF FIA
Leading global trade organization for cleared derivatives markets, the Futures Industry Association (FIA), selects Singapore-based broker Phillip Futures as primary member.
Friday 23 November 2018, Singapore – Phillip Futures is pleased to announce its primary membership in the Futures Industry Association (FIA).
FIA primary members are limited to clearing members that hold customer funds and thus contribute substantially to the safety and soundness of the cleared derivatives market infrastructure. These members also play a critical role in the reduction of systemic risk in global financial markets.
20 July 2018
PhillipCapital Supports Children’s Cancer Foundation’s Hair For Hope
Phillip Futures CEO Teyu Che Chern and staff will be shaving their heads as a symbolic gesture in support of this movement.
Singapore, 10 July 2018 — The management and employees of the PhillipCapital group, together with their corporate partners and friends, will be shaving their heads tomorrow in support of Children’s Cancer Foundation (CCF)’s Hair for Hope 2018. This is the first time that the financial institution is participating in this movement.
Hair for Hope is CCF’s signature fundraising event – the only head-shaving event in Singapore that serves to raise funds and awareness of childhood cancer. CCF hopes to encourage at least 6,500 participants to join the cause and raise $3.6 million to aid children and families impacted by cancer this year.
“Phillip Futures would like to commemorate its 35th year of establishment. As one PhillipCapital family, employees, partners, clients and friends want to play a part in helping the children affected by cancer, whether by volunteering to go bald to spread awareness of childhood cancer and to assure children that they are not alone in their fight against cancer or to raise funds to help affected children and their families,” Mr Teyu Che Chern, CEO of Phillip Futures explained.