Phillip Securities offers Malaysian and Chinese equity Indices

Singapore's leading financial services broker dealer Phillip Securities has expanded its indices list by including two global contracts: the FBM KLCI MYR10 CFD and the FTSE China A50 Index USD1 CFD.

The indices are offered as CFD's and are traded on Phillips online Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.

Singapore continues to position itself as the financial market place for Far east and South East Asian financial markets.

The two indices provide traders access to the thirty most liquid Malaysian equites as well as China's top 50 stocks.

The FTSE Bursa Malaysia KLCI is Malaysia’s headline index which represents the top 30 Malaysian companies by market capitalization. The FTSE China A50 Index comprises the largest 50 A Share companies listed on the Shanghai and Shenzhen Stock Exchanges by full market capitalization.

Singapore has been a financial magnet since the 90′s. Most large US & European banks including ICAP, JP Morgan and Morgan Stanley set up Asian trading headquarters in the country. Singapore’s regulators have been ‘business friendly' since independence and the country now has a world-class regulatory framework.

The partnership with the FTSE group gives the two indices global recognition as the FTSE brand is recognised across major economies.

Singapore has a mature margin trading environment with both retail and institutional players.

Forexmagnates team have written a detailed report on the state of FX in Singapore, available in the upcoming Q2 quarterly report 2012.