Founded as a Discount House, King & Shaxson has evolved in to a financial services company incorporating an investment firm, trading venue, asset management, advice and training, and the safe custody of client assets. King & Shaxson was purchased by PhillipCapital in 2002, a family owned Singaporean based financial powerhouse, with a presence in 18 countries. PhillipCapital boasts a global network of 5,000 employees, over 1 million clients worldwide, assets under custody and management totalling to more than USD 35 Billion and shareholders’ funds in excess of USD 1.5 Billion.