Phillip Securities rolls out POEMS Mercury trading platform

Maria Nikolova

The new platform is aimed at active traders, who need to keep up with the fluid and fast-changing markets.

Singaporean electronic trading giant Phillip Securities Pte Ltd has announced the launch of a new trading platform – POEMS Mercury. The solution is set to complement the existing POEMS (Phillip’s Online Electronic Mart System) suite, which already includes platforms like POEMS 2.0 (web) and POEMS Mobile.

The multi-market and multi-screen platform provides trading with instruments across seven global exchanges. POEMS Mercury also allows docking and linking of multiple modules and it supports dual-language. The range of order types is wide, including advanced order-types such as Stop-Limit and If-Done with various validities to help traders manage their order execution better and more efficiently. Extensive technical insights are provided thanks to over 40 indicators on Chart View. The Workspaces & Settings are fully customizable, whereas traders can configure price and order alerts as they please (including a variety of sound files).

What’s with the name? The company made its pick based on the qualities of the chemical element Mercury which is used in thermometers to indicate minute changes in temperature. The substance is sensitive and fluid, as markets are fluid and fast-changing.

The platform seeks to offer traders advantages in terms of speed – speed in obtaining the information they need, speed in analyzing data, speed in decision-making and speed in execution. POEMS Mercury aims to secure quick order entry, cancellation and amendments. That is why, the platform targets active traders.

The launch of POEMS Mercury marks another diversification and expansion step for the Phillip Capital group of companies. This trend applies to the product and technology solutions offered by the group, as well as to the growth of its business portfolio worldwide. After expanding to the UK via the launch of PHILLIPCAPITAL UK – a Forex broker based in London, in April 2015, Phillip Capital has recently unveiled plans to further beef up its FX business segment.

Read this next


Investors transfers $424 million out of bitcoin funds in six weeks

Despite bitcoin’s decent surge last week, which took the primary cryptocurrency up 70% from the year’s low, digital asset investment products saw outflows for the 6th consecutive week.

Digital Assets

OKX has $9 billion in ‘clean assets’, shows latest proof of reserves

OKX, formerly known as OKEx, has released its fifth proof-of-reserves report amid increasing demand of crypto investors asking for transparency from exchanges they trade with.

Digital Assets

Circle seeks France license to launch Euro stablecoin

Circle, the issuer of the second-largest stablecoin by market capitalization, is seeking to get a dual registration in France as it aims to on-shore its flagship product for the European market – EUROC – a reserve-backed stablecoin.

Digital Assets Among Minority of Successful Companies to Renew Coveted Estonian License has successfully renewed its virtual currency service license from Estonia’s FIU for the third year in a row, despite regulatory changes that have made it harder for virtual asset providers to meet the required standards.

Inside View, Institutional FX

Time for brokers to add options trading as volumes explode on high volatility

“Usually, adding options to the typical CFDs and equities offering leads to fragmentation of the platform technology as many brokers will need additional back-end and front-end components, and that could be an important barrier for them. Apart from that, legal hassle and costs associated with proper licensing of market data could be a barrier at first. We are seeing this trend among market data vendors and exchanges to make it easier and more affordable.”

Metaverse Gaming NFT

GCEX’s DeFi education and prime brokerage offering available in DubaiVerse

“We are excited to be part of the developments of The Sandbox and to join other top players in the region, including our regulator, Dubai’s Virtual Asset Regulatory Authority (VARA), as part of the DubaiVerse. This is a great opportunity to bridge the gap between Web3 early adopters and GCEX clients, building a community around Web3 and digital assets.”

Digital Assets

Circle wants Fed to back USDC stablecoin after “very serious stress test” with collapse of SVB

The collapse of Silicon Valley Bank allegedly proves Circle’s point that there is a need for its USDC stablecoin to be backed by the U.S. Federal Reserve with its U.S. dollars held at the Fed.

Digital Assets

Google searches for and exploded by 300% amid FTX collapse

“The findings emphasize the importance of staying on top of market trends and being able to pivot strategies quickly and also offer valuable insights into the current state of the market and the behavior of traders, providing investors with valuable information to make informed decisions about their investments.”

Institutional FX

iS Prime reports £35m turnover, £16.2 million pre-tax profits, £37 cash balances

“We have plans in place to evolve the business over the next year, driving further growth for both iS Prime and for our clients.”