CHICAGO, December 30, 2015 – Phillip Capital Inc. (“Phillip Capital” or the “Firm”), a member of the Singapore-based PhillipCapital Group, is pleased to announce that it is now a Financial Industry Regulatory Authority (FINRA) member. As a result, Phillip Capital has expanded its current financial services beyond futures and forex to include self-clearing corporate equity and debt securities. The Firm will settle securities transactions via the Depository Trust Clearing Company (DTCC). The Firm is in the process of completing final rounds of systems testing prior to launching its securities operations.

“We’re thrilled to launch our broker-dealer operations,” says Lynette Lim, Co-CEO and Director of Phillip Capital. “Expanding our product-line into securities is a huge milestone for Phillip Capital, because this means that we will transform ourselves from a single asset class company to a multi-asset class company. Today, investors are more sophisticated and want to have a diversified portfolio at one place; now, we will be able to provide that vertical integration. Furthermore, it is important for us to be able to clear our own trades and control risk that way.”

Taking a step by step approach, the first priority for Phillip Capital’s equities division will be to clear its affiliate business from the PhillipCapital Group in Asia, followed by taking on institutional clients in the US. Since its launch in 2010, Phillip Capital has increased its offerings from initially focusing on clearing futures only to add retail forex exchange and now equities to its lineup of approved asset classes. Phillip Capital is the first U.S. foray for the PhillipCapital Group, which is in 16 countries today. The PhillipCapital Group celebrates its 40th anniversary this year since starting out as a stock broking firm in 1975 in Singapore.


Media Contact:
Laura Chia

About Phillip Capital Inc.
Established as a Chicago-based futures commission merchant (FCM) in 2010, Phillip Capital Inc. ( is a member of the Singapore-based PhillipCapital Group ( with full clearing memberships on eight derivative exchanges including CME Group, CFE, ICE US and NFX in the U.S. and DME in Dubai. Through the PhillipCapital Group, Phillip Capital Inc. offers access to 30 derivative exchanges in Asia, U.S. and Europe.

About the PhillipCapital Group
Since 1975, the PhillipCapital Group network has grown into an integrated Asian financial house with a global presence that offers a full range of quality and innovative services to retail and high net worth individuals, family offices, corporate and institutional customers.

Its comprehensive suite of financial products and services includes broking in securities, futures, foreign exchange, bonds, precious metals and commodities, unit trusts, contracts for difference, exchange traded funds, fund management, managed accounts, insurance planning, regular savings plan, investment research, equity financing and property consultancy. Institutions can also benefit from our corporate finance and advisory services as well as information technology solutions.

With more than 3,500 employees and over 900,000 clients worldwide, its assets under management totals to more than USD 24 Billion with shareholders’ funds in excess of USD 1.5 Billion.

PhillipCapital Group operates in the financial hubs of 16 countries, including offices in USA, UK, Japan, Hong Kong, Singapore, Malaysia, China, India, Indonesia, Thailand, Cambodia, Sri Lanka, UAE, France, Turkey and Australia.