CHICAGO, Feb. 21, 2018 /PRNewswire/ — Phillip Capital Inc. (“PhillipCapital”), a self-clearing futures commission merchant (FCM) and broker dealer firm, announces Maureen C. Downs, Vice-Chairman of the National Futures Association, has been appointed as an Advisor, where she will provide strategic guidance to the executive management team.
Downs stated, “PhillipCapital is unique among non-bank FCM/broker dealers. It is the US affiliate of the PhillipCapital Group, a financial powerhouse with over $1 billion in shareholder equity and $30 billion in client assets with a 40+ year history of innovation in technology and client engagement. The breadth of its global exchange access, trading solutions, research and service is second to none.”
Downs has over 30 years futures industry experience and most recently served as the President of Rosenthal Collins Group LLC and RCG Holdings LLC and currently resides on the boards of FIA Americas and FIA Technology Services, and as a member of the NFA Compliance Consultative Committee.
“We are delighted to have Maureen join our team,” said Lynette Lim, Co-CEO and Director. “PhillipCapital has spent the last eight years in Chicago building out capabilities as an FCM and now also as a broker dealer. With Maureen’s background and industry insights, I believe the firm is poised for the next phase of growth and expansion.”
About PhillipCapital Group and Phillip Capital Inc.
The PhillipCapital Group of companies spans 16 countries and offers a comprehensive suite of financial services including futures, foreign exchange, equities, fixed income, bonds, unit trusts, real estate, and insurance. With shareholder’s equity greater than $1 billion and global assets under custody/management greater than $30 billion, the group has been profitable each year since its founding in 1975. The group is also privately held with no long-term debt.
The PhillipCapital Group employs more than 3,500 people worldwide, with offices in Singapore, Hong Kong, China, India, Japan, Malaysia, Thailand, Indonesia, Cambodia, Sri Lanka, United Kingdom, France, Australia, Turkey and Dubai.
Formed in 2010 as an FCM, Phillip Capital Inc. has exchange memberships on CME, CBOT, COMEX, NYMEX, ICE Futures US, CFE, NFX, ICE Futures EU and DME. In addition, the firm provides access to all the major Asian exchanges and global exchanges through the PhillipCapital network of companies.
Phillip Capital Inc. is authorized and regulated by the U.S. Commodity Futures Trading Commission and the Financial Industry Regulatory Authority.
SOURCE Phillip Capital Inc.
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