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 Exchange 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.
“We are extremely honoured to receive the SGX Awards, they are a great recognition from SGX and the industry. These two wins are a testament to the big strides we have made over the past year amidst the backdrop of an increasingly challenging economy,” said Phillip Futures CEO Mr Teyu Che Chern. “It is the result of our effort to better meet our clients’ needs and a solid broker-exchange partnership, both of which we will continue to strengthen.”
The latest accolades follow Phillip Futures’ wins in recent years – including Most Preferred Forex Broker at the ShareInvestor Awards 2018 and “CEO of the Year” at the FOW (Futures & Options World) and Global Investor Asia Capital Markets Awards 2019.
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Marketing Communication Manager, Phillip Futures
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