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Phillip Financials Receives Registration Approval Under the Financial Futures Law in Japan.


Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, Feb 28, 2006 - (JCN JCN Japan Corporate News
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 Newswire) - Phillip Financials KK, a member of PhillipCapital, an integrated financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 group, announced today that the Company has received registration approval under the Japanese Financial Futures financial futures

Obligations to buy or sell particular positions in financial instruments. The features of financial futures are identical to those of any futures contract except that the asset for delivery is of a financial nature.
 Law. The Company offers its customers direct access to the global currency market in the form of margin foreign exchange trading Foreign Exchange Trading or FX Trading, clients are able to hedge against, or speculate upon, changes in the exchange rate of two currencies. For example, a speculator can long EUR/USD in foreign exchange market in order to profit from capturing the appreciation of Euro against the .

Lincoln Lincoln, city and district, England
Lincoln, city (1991 pop. 79,980) and district, Lincolnshire, E England, in the Parts of Kesteven, on the Witham River.
 Lim, President of Phillip Financials, commented that "We are extremely happy to have been one of the first companies in the industry to successfully receive this registration and we remain committed to providing quality service to our margin foreign exchange customers in Japan."

About Phillip Financials K.K.

Phillip Financials provides its customers with a comprehensive and robust 24 hour online trading Online Trading

Making trades via the Internet.

Notes:
The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online.
 platform and a well established and effective 24 hour multi-lingual Customer Service Support Centre . Phillip Financials KK was founded in 2002 and is a member of the PhillipCapital group in Singapore with a total shareholders' fund of over US$300M and offices in over 10 countries in Asia and Europe, offering a wide range of financial products and services. The Company is located in Tokyo, Japan.

About PhillipCapital Group

PhillipCapital is a group of companies which offers a full range of quality and innovative financial services to retail, corporate and institutional customers. PhillipCapital is an integrated financial services provider with approximately 3000 staff in Asia and Europe and total shareholders' funds in excess of US$300 million. In Japan, member companies include PhillipCapital Japan, PhillipCapital Real Estate Japan, Phillip Financials, and Naruse Securities.

Source: Phillip Financials K.K.PhillipCapital Group

Contact:
Phillip Financials KK
Tel: +81-3-5228-4833
e-mail: public-relation@phillip.co.jp
URL: http://www.phillipfinancials.com


Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
COPYRIGHT 2006 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCN Newswires
Date:Feb 28, 2006
Words:290
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