Phillip Futures

[CanOz]

Phillip Futures has a trading contest on....

Check it out here...

 

[skc]

Phillip Futures has a trading contest on....

Check it out here...

The winner is the one who makes the most money - regardless of account size and contracts traded. The actual prize money is a measly S$4k (plus some commission rebate to make up the total)...

If there are serious traders out there with them, they probably won't care about this puny prize (although they will register and have an inside track to win it due to their size) ... and if there are small traders who think this prize money is serious money, they don't stand a chance of beating the bigger traders.

And they are giving a prize for the highest volume trader. Seriously...

A cheap and potentially effective way to advertise and attract newbie accounts I guess.

 

[boofis]

I emailed them enquiring about their data feed to HKFEX and received, "We have direct access to HKFEX price feed via Phillip HK." so it would be interesting to see what their data and connection is like compared to IB.

 

[CanOz]

I emailed them enquiring about their data feed to HKFEX and received, "We have direct access to HKFEX price feed via Phillip HK." so it would be interesting to see what their data and connection is like compared to IB.

I think it would be interesting to hear from them, but it appears they don't want any new business!!!

 

[CanOz]

Here's a little spreadsheet showing the various data feeds that Phillip Futures use for each of the exchanges...

More info as we move forward with this....

I've been working with the US Office on this and they've been quite helpful.