With the objective of addressing their needs for high-performance connectivity and trading solutions, Phillip Securities shall offer RTSâ low latency algorithmic trading solutions to institutional trading houses, professional traders and institutional clients, the moment low latency trading goes into full gear. By partnering with RTS, PhillipCapital is able to offer high-performance and high-speed connection to the Singapore Exchangeâs platform and leading international exchanges.
Phillip Futures, a subsidiary of PhillipCapital, has already deployed RTSâ solutions to its customers in Singapore and across Asia; Phillip Securities believes that RTS will be best suited to support institutional tradersâ needs and allow them to take advantage of opportunities through cash-futures arbitrage, statistical arbitrage and basket trading.
Mr. Jeyson Ng, Head of Corporate and Institutional Sales at Phillip Securities, said: âAt Phillip Securities, we encourage innovation and have always invested in technology to make trading more efficient. High-speed infrastructure will bring about great efficiencies in the market and new opportunities for our institutional clients. We are pleased to work with RTS as a provider of choice for these customers with the highest standards of speed, performance, flexibility and reliability.â
Mr. Mark van Vugt, Executive Board member at RTS, said: "We appreciate the opportunity to provide PhillipCapital with a flexible solution to support further growth of their more demanding customers. We believe our solutions will be of great benefit to these market participants and look forward to a long and successful partnership in Singapore and across Asia.â