Phillip Securities, the Singapore-based integrated financial house, and a member of PhillipCapital Group, has selected Integral to propel its institutional foreign exchange offering.
Traditionally focused on retail markets, Phillip Securities has chosen Integral’s solutions for pricing and distribution to drive the expansion of its FX trading services for institutional market participants. The integration will allow Phillip Securities to seamlessly manage higher volumes of FX Contract for Difference (CFDs) and service a greater number of clients, complementing its established equity CFD offering.
Luke Lim, Managing Director of Phillip Securities, said: “Diversifying into the institutional markets is a key pillar of our development strategy, and Integral’s solutions give us the pricing precision and distribution efficiency to deliver an institutional-grade FX capability that meets the expectations of today’s professional clients. As our local and regional client base expands, this partnership will allow us to benefit from the reliability and agility of Integral’s solutions to adapt seamlessly to evolving client demands and changing market conditions.”
Harpal Sandhu, CEO of Integral, said: “Phillip Securities’ selection of Integral is a testament to the value delivered by our solutions for other members of PhillipCapital group, upgrading the trading infrastructure and delivering tangible results. To excel in institutional markets, garnering the trust of clients is key. The reliability and efficiency of Integral’s technology will support Phillip Securities in securing this trust, and we look forward to working with the company in this next step in its journey.”
