Phillip Capital Inc. Expands Financial Services to Include Securities Clearing
01/04/16
A new era has begun for PhillipCapital as we’ve cleared our first equity trades. This is an exciting new service line that is open for business. We look forward to offering excellent execution and clearing services.
“We’re thrilled to launch our broker-dealer operations. Expanding our product-line into securities is a huge milestone for PhillipCapital, 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.”
Lynette Lim, Co-CEO and Director of PhillipCapital