BDO Nomura starts online trade service

BDO Unibank Inc. and Nomura Holdings Inc. have officially commenced operations offering online trading services for stocks listed on the Philippine Stock Exchange (PSE).

BDO Nomura Securities Inc. president Koichi Katakawa said Nomura is excited to work with BDO to create a strong platform to serve a fastgrowing market and bring new investment opportunities to domestic retail investors.

Katakawa pointed out approximately 86 percent of new investors who opened trading accounts in 2015 preferred to trade through an online brokerage.

The partnership leverages on the strength of both companies, with BDO’s market leadership and wide distribution network complementing Nomura’s strength in asset management, equity research and investment banking.

The joint venture with BDO is Nomura’s second retail operation in the region, following a successful one in Thailand, and is in line with Nomura’s strategy to develop local retail brokerage businesses in Southeast Asia.

BDO Nomura provides investors in-depth market research, quick execution time and competitive rates. Additionally, the platform offers ease of use through simple and paperless online application and fund transfers through the customer’s BDO Deposit Accounts.

As a bonus, BDO Rewards Points would be earned for all transactions made. These Rewards Points could be redeemed for products available in SM affiliated stores.