Phillip Futures

"Whatever is available in China is always in RMB. Contracts out of China are in USD. It’s a tug of war."

The appeal of gold as a safe-haven asset has increased amid trade tensions and record number of new Covid-19 cases, says Phillip Futures analyst Avtar Sandu.

While oil prices have perked up following Saudi Arabia's expected production cut, the fate of oil futures remains uncertain.

The Singapore-based brokerage was ranked one of the top five SGX derivative trading members for 2019, and was also ranked top three SGX SICOM Rubber Clearing members.

SINGAPORE (Oct 21): The US has traditionally been the most vibrant and largest futures market. But over the last decade, the futures market has grown tremendously in Asia, especially China. This growth has been driven by several secular trends, says Teyu

SINGAPORE (June 10): The outlook for 2H2019 is downbeat, as analysts see slowing growth — as a result of US protectionism — and shifting supply chains affecting markets. The Straits Times Index — which started 2019 at 3,068 — is still in positive

At The Edge Singapore’s mid-year market forum titled Market Reboot held at the Suntec City Convention Centre on July 9, the audience were keen to hear the views and investing ideas of experts from brokerage firms Phillip Securities, Phillip Futures, Cit