Singapore (PRWEB) May 11, 2012
Phillip Securities Pte Ltd, one of Singapore’s largest brokers, is proud to extend its number of markets by providing Contracts For Difference (CFD) trading opportunities in the American Stock Exchange (AMEX). With this additional market, Phillip CFD clients will now have access to the third largest options marketplace, which is also the leader in providing Exchange Traded Fund (ETF), closed-end funds, structured products and small and micro capitalization stocks.
“We are very excited with the launch of the AMEX markets as products such as ETF, which aims to track an underlying index or sector, are now readily available to clients to diversify their portfolios with low capital as margins for CFD ETFs start from as low as 20%,” said Mr Luke Lim, Head of Phillip CFD, ETF and Extended Settlement.
Phillip CFD has Direct Market Access (DMA) for all its US CFD markets, meaning that corresponding orders are sent straight to the respective exchanges and investors can therefore be assured that they are participating in the actual market liquidity.
More details about the markets that Phillip CFD covers can be found at http://www.phillipcfd.com.
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Tel: +65 6531 5433 | jeanettekongwc(at)phillip(dot)com(dot)sg
Tel: +65 6531 1234 | melissafannhj(at)phillip(dot)com(dot)sg
Established in 1975, PhillipCapital is a leading integrated Asian financial institution with network offices around the world, offering a comprehensive suite of innovative financial products and services to retail, institutional and corporate clients. Our comprehensive suite of financial services includes fund management, fixed income, unit trusts, insurance planning, investment research 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. Today, PhillipCapital operates in the financial hubs of 13 countries – Singapore, Malaysia, Indonesia, Thailand, Hong Kong, China, Japan, Sri Lanka, Turkey, United Kingdom, France, Australia and USA.
For more information, visit http://www.phillip.com.sg