Phillip Securities, a Singapore-based financial institution, has partnered with Integral, a leading US currency technology provider, to enhance its institutional foreign exchange (FX) offerings. This collaboration, announced on 13 November 2025, aims to expand Phillip Securities’ FX trading capabilities, traditionally focused on retail markets, by integrating Integral’s pricing and distribution solutions.
The integration will enable Phillip Securities to manage higher volumes of FX Contracts for Difference (CFDs) and offer Direct Market Access (DMA) trading, providing faster and more transparent execution across a broader range of FX instruments. This move is in response to growing market demand for FX CFDs and aims to complement the firm’s existing equity CFD services.
Luke Lim, Managing Director of Phillip Securities, highlighted the strategic importance of this partnership, stating, “Diversifying into the institutional markets is a key pillar of our development strategy, and 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 CEO, Harpal Sandhu, expressed confidence in the partnership, noting, “Phillip Securities’ selection of Integral is a testament to the value delivered by our solutions for other members of PhillipCapital group, upgrading the trading infrastructure and delivering tangible results.”
This collaboration marks a significant step for Phillip Securities as it seeks to expand its institutional client base and adapt to evolving market conditions. The scalability of Integral’s technology also positions Phillip Securities to incorporate additional FX instruments in the future, further solidifying its presence in the institutional FX market.