Singapore’s Phillip Securities Expands Its Push Into Institutional FX
Phillip Securities is making a bold play to elevate its foreign-exchange capabilities, partnering with US-based technology provider Integral to sharpen pricing, boost distribution efficiency, and expand its reach among institutional investors.
Phillip Securities – recognised for its strength in retail trading – has chosen Integral’s currency-technology suite to support the scaling of its institutional FX offering. The integration enables the firm to manage significantly higher volumes of FX Contract for Difference trades while extending services to a broader institutional client base.
The alliance also marks a strategic shift for the Singapore firm as it accelerates beyond its retail roots and strengthens its FX infrastructure across Asia, according to a media release issued on Thursday.
Boosting FX Infrastructure Across the Network
«Diversifying into the institutional markets is a key pillar of our development strategy,» said Luke Lim, Managing Director of Phillip Securities. «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.»
Integral’s real-time price-feed technology will be deployed not only within Phillip Securities but across the wider PhillipCapital ecosystem. Subsidiaries such as Phillip Nova and Phillip Securities Japan – both of which already use Integral – will benefit from streamlined and consistent price distribution, strengthening group-wide FX performance.
Direct Market Access for Institutional Traders
A key upgrade comes in the form of Direct Market Access trading, which gives institutional clients the ability to execute trades across a wider selection of FX instruments with greater speed, transparency, and choice. DMA is gaining traction in APAC as market participants demand greater control, tighter pricing, and more execution flexibility.
Phillip Securities’ adoption of Integral’s system positions the firm to respond to this shift, offering direct market pricing and alternative execution pathways that are increasingly expected by sophisticated investors.
Integral Strengthens Its Foothold in APAC
For Integral, the partnership reinforces the effectiveness of its technology within the PhillipCapital Group.
CEO Harpal Sandhu emphasised the credibility built through existing integrations: «Phillip Securities’ selection of Integral is a testament to the value delivered by our solutions for other members of the group, upgrading the trading infrastructure and delivering tangible results.»
He added that winning institutional trust hinges on reliability and efficiency – areas in which Integral aims to strengthen Phillip Securities’ competitive edge.
