Digital & Technology

Phillip Futures offers derivatives trading on Hanoi Stock Exchange via CQG platform

Phillip Futures has announced a new milestone in its partnership with CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges.

Phillip Futures will now offer VN30 futures from the Hanoi Stock Exchange (HNX) to its customers using the CQG platform, the firm said in a press release.

In addition, customers of Phillip Futures can also use CQG to trade futures contracts from Borsa Istanbul, Thailand Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange and Shanghai International Energy Exchange.

Teyu Che Chern, CEO, Phillip Futures said: “CQG's platform is well received by our customers, and we are excited to offer more products to help expand their trading opportunities.”

Benjamin Soong, President, APAC, CQG, said: “We are excited to deepen our longstanding relationship with Phillip Futures, one of the leading brokerages in the Asia-Pacific region, facilitating access for its clients to trade on a broad range of exchanges, including the Hanoi Stock Exchange and the commodity exchanges in China. We have seen tremendous growth in the Vietnam market over the past few years and look forward to expanding our services to further cater to customer needs.”

Based in the United States, CQG has a strong and growing presence in the Asia-Pacific region, including offices in Singapore, Tokyo, Sydney, Shanghai and Hong Kong. The firm has been working with Phillip Futures in Singapore since 2007 and with Phillip Capital Inc., the US futures commission merchant, since 2010.