BDO Unibank and Nomura Holdings announced today that their joint venture, BDO Nomura Securities, has officially begun operations offering online trading services for stocks listed on the Philippine Stock Exchange (PSE).
BDO Nomura provides investors in-depth market research, quick execution time and competitive rates. The platform also offers ease of use through simple and paperless online application and fund transfers through the customer’s BDO Deposit Accounts. BDO Rewards Points can also be earned as a bonus for transactions made which are redeemable for products available in SM affiliated stores.
Nomura is excited to work with BDO, the leading commercial bank in the Philippines.
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Koichi Katakawa, President of BDO Nomura commented, “Nomura is excited to work with BDO, the leading commercial bank in the Philippines, to create a strong platform to serve a fast-growing market and bring new investment opportunities to domestic retail investors”.
Katakawa noted that around 86 percent of new investors who opened trading accounts in 2015 preferred to trade through an online brokerage.
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.
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.