Tokyo, Japan, December 7, 2007 – (JCN Newswire) – Phillip Financials KK, a member of PhillipCapital, an integrated financial services group, announced commission free FX margin trading in Japan from the 1st of October, 2007. Commission free FX margin trading is the latest relationship-based offer from Phillip Financials for its customers.

“By introducing commission free FX margin trading in Japan, we are redefining what Japanese investors can expect from a financial institution,” said Chellapa Panickar, President of Phillip Financials. “Phillip Financials seeks to be investors' first and repeated choice as their partner in finance. This approach, informed by customer needs and behaviors, is anticipated to generate long-term growth for Phillip Financials.”

About Phillip Financials KK

Phillip Financials provides its customers with a comprehensive and robust online trading platform and a well established and effective 24-hour multilingual customer service support centre. Currently, the company offers leveraged FX margin trading products and direct access to the major global financial futures exchanges (e.g., CME, SGX, Liffe, etc.). In addition, the company’s futures trading platform, POEMS Professional, provides customers in Japan with the ability to trade overseas currency and interest rate futures. Phillip Financials was founded in 2002 and is a member of the PhillipCapital group. The company is located in Tokyo, Japan.

About The PhillipCapital Group

PhillipCapital is an integrated financial services provider offering a full range of quality and innovative financial services to retail, corporate and institutional customers. The group’s members employ approximately 3000 staff in Asia and Europe and have total shareholders’ funds in excess of US$700 million. The Group holds customer funds in excess of US$8.5 billion and has over 500,000 customers worldwide. In Japan, member companies include PhillipCapital Japan, PhillipCapital Real Estate Japan, Phillip Financials and Naruse Securities (member of TSE).

Contact:

Phillip Financials KK
Tel: +81-3-3595-3621
e-mail: info-pfkk@phillip.co.jp
URL: http://www.phillipfinancials.com