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Phillip Securities named Best Retail Broker – Runner Up
Singapore, September 25th, 2018 – PhillipCapital is honored to be recognized yet again by the Securities Investors Association Singapore (SIAS) within the investors’ community. Under the PhillipCapital group, Phillip Securities was named Best Retail Broker – Runner-Up at the SIAS 19th Investors’ Choice Awards 2018. This comes after the Asian financial house picked up the Best Retail Broker Award in 2017.
The award was given at the SIAS 19th Investors’ Choice Awards Dinner Presentation Ceremony on 25th September 2018 at Mandarin Orchard Singapore; with Guest of Honour, Mr Edwin Tong, Senior Minister of State for Law and Health, in attendance.
PhillipCapital’s 2018 honour came as a result of efforts to offer quality service and information to help retail investors to invest smartly. It embarked on major initiatives to empower investors to act – by putting choice and information at their fingertips.
To this end, Phillip introduced industry-firsts such as its Hong Kong Pre-IPO trading channel. And also the SGX Enhanced Market Depth and Ticker Streamer on its POEMS 2.0 and POEMS Mercury digital trading platforms – empowering investors by bringing choice and information right to them.
Phillip Securities is the first broker in Singapore to connect clients to the Hong Kong Pre-IPO market. This means customers can trade Hong Kong shares one day before their official listing on the Hong Kong Exchange. With this channel, Phillip’s clients were among the first to lay claim to electronics-maker Xiaomi’s listing on the bourse, before it debuted on 9th July 2018 to the tune of US$4.7 billion. Many more Pre-IPO listings are in the pipeline – more choice, more empowerment for investors.
Again the first broker in Singapore to do so, Phillip implemented the SGX Enhanced Market Depth and Ticker Streamer functions on its POEMS platforms. With additional data provided through the features, traders can determine whether market action is driven by retail investors or institutions.
Mr Luke Lim, Managing Director of Phillip Securities, said, “We always want to empower investors to make the sharpest choices when deciding actions to take within the financial markets. And this is why we commit considerable resources into innovating, be it on the products, platforms, or services front. Being recognized by SIAS as a financial house that is at the industry’s forefront is further validation that our efforts are maximizing value for investors.”
PhillipCapital was presented the Best Retail Broker – Runner Up Award following research commissioned by SIAS and conducted by the Singapore Management University, in conjunction with research findings by Investment Trends, a global financial services market research organisation from Australia.
SIAS’ accolade adds to PhillipCapital’s recent haul of achievements at the ShareInvestor Awards, where it was named the Most Preferred Local Brokerage Firm, in addition to bagging six other awards. These included attaining Gold in the categories of Most Preferred Mobile Trading Platform (Equities) and Most Preferred Forex Broker categories. PhillipCapital also obtained Silver in the Most Preferred CFD Provider, Most Preferred Product Issuer, Most Preferred Desktop Trading Platform (Equities), and Most Engaging Financial Company segments.
The ShareInvestor Awards acts as the main platform to reward excellence, best practices and innovation in the financial industry. Winners of the ShareInvestor Awards 2018 represent a powerful benchmark for the best standards and service performance in the region.
About PhillipCapital
Since 1975, PhillipCapital has grown as an integrated Asian financial house with a global presence that offers a full range of quality and innovative services to retail, high net worth, corporate and institutional customers. Our comprehensive suite of financial products and services includes fund management, managed accounts, unit trusts, insurance planning, regular savings, contracts for difference, exchange traded funds, investment research, equity financing, property; and broking in bonds, securities, futures, foreign exchange, precious metals and commodities. Institutions can also benefit from our corporate finance and advisory services; as well as information technology solutions.
PhillipCapital (with headquarters in Singapore) operates in the financial hubs of more than 15 countries; with offices in Australia, Cambodia, China, France, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, Sri Lanka, Thailand, Turkey, UK, UAE, USA and Vietnam. With more than 5,000 employees and over 1 million clients worldwide, our assets under custody/management total more than USD 35 billion, with shareholders’ funds in excess of USD 1.5 billion.
Find out more about us here https://www.phillip.com.sg/ and our award-winning trading platforms here https://www.poems.com.sg/.
Media Contacts:
Karyn Low
Marketing Communications
+65 9852 1728 | karynlowpl@phillip.com.sg
Jed Teo
Marketing Communications
+65 9128 3709 | jedteows@phillip.com.sg
