---
title: Phillip Futures Selects FlexTrade for White Label FX & Precious Metals Trading
description: Phillip Futures Selects FlexTrade for White Label FX & Precious Metals Trading
---

![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg)

[![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/)

[![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/)

[![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/)

[![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/)

[![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/)

- [*Facebook*](https://www.facebook.com/MarketsMedia/)
- [*Twitter*](https://twitter.com/marketsmedia)
- [*Linkedin*](https://www.linkedin.com/company/markets-media-llc)
- [Newsletter](https://articles.marketsmedia.com/phillip-futures-selects-flextrade-white-label-fx-precious-metals-trading#popup-newsletter)

#### Want the latest news on securities markets -- FREE?

Sign up to receive exclusive articles on topics including:

- Equity market structure
- Profiles of buy-side investment firms
- The evolution of multi-asset-class trading
- Regulation and its implications for markets
- The search for liquidity in fixed income markets
- The convergence of fintech and capital markets

Select one or more newsletters you would like to receive:

menu

[![Markerts media](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/header%20logo.svg "Markerts media")](https://articles.marketsmedia.com/)

- [Press Release](https://articles.marketsmedia.com/tag/press-releases)
- Press Release
- Phillip Futures Selects FlexTrade for White Label FX & Precious Metals Trading

Search

- [Home](https://articles.marketsmedia.com/)
- [Trending](https://articles.marketsmedia.com/tag/trending)
- [Featured](https://articles.marketsmedia.com/tag/daily-email-feature)
- [Sectors](https://articles.marketsmedia.com/tag/sectors)
- [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets)
- [AWARDS](https://articles.marketsmedia.com/tag/events)
- [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up)
- [Newsletter](https://articles.marketsmedia.com/phillip-futures-selects-flextrade-white-label-fx-precious-metals-trading#popup-newsletter)

Hide search

Search

- NewsLetter

![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg)

[ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow)

![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg)

[Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing)

![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg)

[Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity)

![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg)

[TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20)

 06.16.2014

 By Terry Flanagan

 Press Release

# Phillip Futures Selects FlexTrade for White Label FX & Precious Metals Trading

 06.16.2014 By Terry Flanagan

[Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/phillip-futures-selects-flextrade-white-label-fx-precious-metals-trading)

[Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/phillip-futures-selects-flextrade-white-label-fx-precious-metals-trading)

[Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/phillip-futures-selects-flextrade-white-label-fx-precious-metals-trading)

**Margin FX Brokerage Arm of PhillipCapital Group Deploys MaxxTrader, A Complete Turnkey ASP Front-End, For Trading NDFs, Spot Currencies & Precious Metals**

GREAT NECK, N.Y., Jun 15, 2014 (BUSINESS WIRE) -- FlexTrade Systems, Inc., a global leader in multi-asset execution and order management systems, today announced Phillip Futures, a member of PhillipCapital Group  , has deployed [MaxxTrader](http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.flextrade.com%2Fsolutions%2Fforeign-exchange%2Fmaxxtrader&esheet=50886472&newsitemid=20140615005020&lan=en-US&anchor=MaxxTrader&index=1&md5=b137950c11bc5f0f45e0eea79e6b8835) , its full STP, white label FX trading system to process client NDFs, spot currencies and precious metals.

“FlexTrade’s multi-bank streaming capabilities add value to our business in Non Deliverable Forwards (NDF), spot currencies and precious metals,” said Joseph Ng, Business Development Director, FOREX/Bullion at Phillip Futures. “Since we are enjoying an interest in demand from clients to trade NDFs, this capability not only provides them with easy execution of trades, but also gives them more competitive prices when they trade with us.”

According to Manish Kedia, Managing Director of FlexTrade Systems Pte. Ltd. in Singapore, it was MaxxTrader’s flexibility that Phillip Futures found appealing. “Handling spot currencies, NDFs and precious metals was a primary facet in their decision, but it wasn’t the only one,” said Kedia. “MaxxTrader also allows them to use two separate aggregators – one in London, the other in Tokyo – to service all the locations of their global business.”

MaxxTrader is a complete turnkey, ASP front-end solution allowing orders to trade directly from client to client, directly with the trading desk, or back-to-back with all liquidity providers. Designed to allow institutions to privately aggregate and issue price information to the markets and clientele, the platform offers real-time prime broker reporting, an integrated OMS to better manage orders, and aggregated liquidity from more than 50 banks, ECNS and exchanges.

**About Phillip Futures**  
 Phillip Futures was inaugurated in 1983 as a member of PhillipCapital Group and is one of the founding clearing members of Singapore Exchange Derivatives Trading (SGX-DT). Phillip Futures holds the CMS licence issued by Monetary Authority of Singapore (MAS). With more than 20 years of experience specialising in global derivatives, the brokerage has grown to become one of the region’s top local brokerages and are constantly ranked among the top most active SGX-DT members. It is a gateway into more than 17 global exchanges with enhanced direct-hub access, offering a large selection of trading products from futures, precious metals, options, currencies and commodities to meet clients’ investment needs.

**About FlexTrade Systems, Inc.**  
 Founded in 1996, FlexTrade Systems Inc. is the industry pioneer in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives. With offices in North America, Europe and Asia, FlexTrade has a worldwide client base spanning more than 175 buy- and sell-side firms, including many of the largest investment banks, hedge funds, asset managers, commodity trading advisors and institutional brokers. For more information, visit FlexTrade Systems at [www.flextrade.com](http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.flextrade.com&esheet=50886472&newsitemid=20140615005020&lan=en-US&anchor=www.flextrade.com&index=2&md5=632a861d8fce2dc3e20350426d069aa8) or follow news of the company on Twitter at [www.twitter.com/flextrade](http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.twitter.com%2Fflextrade&esheet=50886472&newsitemid=20140615005020&lan=en-US&anchor=www.twitter.com%2Fflextrade&index=3&md5=872063f9f15390af93127fb167958108) or LinkedIn at [http://www.linkedin.com/company/flextrade?trk=top\_nav\_home](http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fflextrade%3Ftrk%3Dtop_nav_home&esheet=50886472&newsitemid=20140615005020&lan=en-US&anchor=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fflextrade%3Ftrk%3Dtop_nav_home&index=4&md5=6ebd39e26dd029e52970dfcee1b2da42) .

SOURCE: FlexTrade Systems, Inc.  
 FlexTrade Systems, Inc.  
 James Tolve, 516-304-3601  
 Cell: 516-395-0549  
[james.tolve@flextrade.com](mailto:james.tolve@flextrade.com)

Copyright Business Wire 2014

[Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/phillip-futures-selects-flextrade-white-label-fx-precious-metals-trading)

[Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/phillip-futures-selects-flextrade-white-label-fx-precious-metals-trading)

[Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/phillip-futures-selects-flextrade-white-label-fx-precious-metals-trading)

![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg)

### NEWSLETTER SIGN UP

And receive exclusive articles on securities markets

<https://twitter.com/marketsmedia?ref_src=twsrc%5Etfw>

### Related articles

1. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/grass-lawn-spring-green-grow-money-540345-pxhere_com_-Jul-07-2022-09-33-40-78-AM.jpg?width=376&height=250&name=grass-lawn-spring-green-grow-money-540345-pxhere_com_-Jul-07-2022-09-33-40-78-AM.jpg)](https://articles.marketsmedia.com/ing-ventures-invests-in-openfin)
   
    Technology
   
   ## [ING Ventures Invests in OpenFin  ](https://articles.marketsmedia.com/ing-ventures-invests-in-openfin)
   
   
   
   Proceeds will go toward accelerating the expansion of OpenFin OS within financial services.
   
   
   
   07.06.2022 By Terry Flanagan
2. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/MoneySky-Jul-07-2022-09-33-05-75-AM.jpg?width=376&height=250&name=MoneySky-Jul-07-2022-09-33-05-75-AM.jpg)](https://articles.marketsmedia.com/rising-rates-margin-needs-hit-trade-funding-costs)
   
    Press Release
   
   ## [Rising Rates, Margin Needs Hit Trade Funding Costs](https://articles.marketsmedia.com/rising-rates-margin-needs-hit-trade-funding-costs)
   
   
   
   Margin has increased by 30% in just two months, OpenGamma research shows.
   
   
   
   07.05.2022 By Terry Flanagan
3. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/iStock-864489188-4.jpg?width=376&height=250&name=iStock-864489188-4.jpg)](https://articles.marketsmedia.com/operational-resilience-no-longer-enough)
   
    resilience
   
   ## [Operational Resilience No Longer Enough](https://articles.marketsmedia.com/operational-resilience-no-longer-enough)
   
   
   
   Firms should ensure a robust operational risk approach in tandem with resilience, ITRS Group says.
   
   
   
   07.05.2022 By Terry Flanagan

[![MarketsMedia](https://articles.marketsmedia.com/hubfs/MarketsMedia.svg "MarketsMedia")](http://marketsmedia.com)

- [About us](https://www.marketsmedia.com/about-us)
- [Careers](https://www.marketsmediagroup.com/careers)
- [Contact](https://www.marketsmediagroup.com/contact)
- [Advertise](https://www.marketsmediagroup.com/advertise)
- [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up)
- [Corporate Site](https://marketsmediagroup.com)

<https://www.facebook.com/MarketsMedia/> <https://twitter.com/marketsmedia> <https://www.linkedin.com/company/markets-media-llc> <https://vimeo.com/marketsmedia>

- © 2026 Markets Media Holdings LLC
- - Terms & Conditions
    - Privacy Policy

 {{ standard\_footer\_includes }}