CHICAGO, February 21, 2018 – Phillip Capital Inc. (“PhillipCapital”), a self-clearing futures commission merchant (FCM) and broker dealer firm, announces Maureen C. Downs, Vice-Chairman of the National Futures Association, has been appointed as an Advisor, where she will provide strategic guidance to the executive management team.
Downs stated, "PhillipCapital is unique among non-bank FCM/broker dealers. It is the US affiliate of the PhillipCapital Group, a financial powerhouse with over $1 billion in shareholder equity and $30 billion in client assets with a 40+ year history of innovation in technology and client engagement. The breadth of its global exchange access, trading solutions, research and service is second to none.”
Downs has over 30 years futures industry experience and most recently served as the President of Rosenthal Collins Group LLC and RCG Holdings LLC and currently resides on the boards of FIA Americas and FIA Technology Services, and as a member of the NFA Compliance Consultative Committee.
“We are delighted to have Maureen join our team,” said Lynette Lim, Co-CEO and Director. “PhillipCapital has spent the last eight years in Chicago building out capabilities as an FCM and now also as a broker dealer. With Maureen’s background and industry insights, I believe the firm is poised for the next phase of growth and expansion.”