19 January, AtoZForex.com, Amsterdam — A member of the Singapore PhillipCapital group of companies, PhillipCapital UK has taken steps to facilitate its retail trade offering. Through the PhillipCapital UK oneZero partnership on MT4 offering, the online provider of forex, commodities, and CFD trading is one step closer to realizing its goals of providing a high-tech trading environment for its clients.
Being part of the Singapore PhillipCapital group, the UK subsidiary got recently launched in April 2015. Hence, through partnering with the trading technology provider oneZero Financial Systems, the London based PhillipCapital UK gains support and facilitation over the retail trade offering.
PhillipCapital UK growth plans
PhillipCapital UK’s usage of oneZero’s hub solution has provided the capability to manage liquidity between many liquidity providers, servicing CFD and Forex trading. Working through PhillipCapital UK’s straight-through-processing (STP) model, but direct into the MT4 server of oneZero, from a centralised deployment.
Sean Tan, the head of derivatives of PhillipCapital UK, commented the following upon the partnership:
“One of our aims when launching PhillipCapital UK, was to offer a high-tech trading environment for our clients. With oneZero on board, we are able to offer comprehensive support to our clients with a robust and reliable technology provider. oneZero’s broad offering and global presence complements PhillipCapital UK’s plans for growth."
Benefits of the partnership
The PhillipCapital UK oneZero partnership will enable PhillipCapital UK’s clients to gain direct fast execution, while to also benefit from high-quality price aggregation software. In the end, this will result in disseminating the most competitive prices for PhillipCapital UK’s clients, from the prominent liquidity providers in the market.
On a different note, oneZero faced in October last year, numerous of network outages. Nevertheless, Andrew Ralich, oneZero’s CEO, replied to the PhillipCapital UK oneZero partnership on MT4 as follow:
“We are proud to be in a position to complement PhillipCapital UK’s established global presence, its strong balance sheet and its focus on execution quality, with our industry leading solutions for retail brokers and prime brokers.”
Last but not least, PhillipCapital UK’s clients will be able to benefit from the depth of liquidity, which is made available via the group's established balance sheet and banking relationships, accessible directly from MT4.
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