First Metro Securities introduces new products
FIRST Metro Securities Brokerage (FMSB) introduced to Dabawenyos its latest set of products in a bid to encourage more individuals to invest.
On Wednesday evening at Club Echelon, Gmall The Peak, Gonzalo G. Ordoñez, FMSB president, led the introduction of FundSmart, Margin Trading Facility, and the latest version of the FirstMetroSec Mobile, which was introduced in 2012.
"The FMSB team has been working together with its partners on differnt projects to meet their (clients) changing and growing demands," he said.
Ordoñez said FundSmart, which is a first in the Philippines, is an online investment facility within the FMSB trading platform.
"FundSmart allows you to invest in any six different peso mutual funds of the six leading fund houses in the country," he said.
Through the online investment facility, clients will gain exclusive access to unique and sophisticated tools for analyzing, screening, and comparing mutual funds so that they will be able to choose the funds that will best suit their needs.
Ordoñez said the Margin Trading Facility will allow their clients to borrow additional funds to invest using securities that the clients already own as collateral.
"You can now double your buying power by only paying for half the cost of your stock investments and then automatically borrow the rest. Our interest rate is the lowest in the market at only 0.9 percent," he said.
Lastly, FMSB has also enhanced their FirstMetroSec Mobile, which is available on Play Store or App Store.
"The updated app has a new look and feel and smoother navigation designed for speed and performance. If you have a margin account, you can now use your mobile device to trade on credit,"
Ordoñez said.
"Our aims is to bring the benefits of online investment to as many Filipinos as possible. To achieve that we need to provide better access and simplified customer experience through continuous innovation and development," said Rabboni Francis B. Arjonillo, FMSB Chairman. RJL