On line trading launch
12:40 pm Wednesday 13 October 2010
I was asked by my good friend who runs First Metro Securities Brokers (FMSB) to invite some of those readers of this blog who would like to open an on-line trading account with FMSB to the official launching of their on-line trading. The event happens tomorrow, 14 October 2010 at 6 o’clock in the evening. Venue is Le Pavillon, Metropolitan Park, Diosdado Macapagal Avenue, Pasay City.
Those interested could send me an email at guscosio@gmail.com with your full name so I can include you in the guest list. They will have computer terminals and a Metrobank Direct booth where you can immediately open an on-line trading account. Please send your names by today so your name can forwarded and the guards would let you in.
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Gus Cosio at the Merrill Lynch 2008 Rising Stars Conference in Singapore
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Gus Cosio says so 
sir Gus,
I have posted this link in my blog-blogan. wag po sana kayo magagalit.
Wait a minute, is this different from the http://www.firstmetrosec.com.ph link that I’ve been using? And if they’re the same how come they are only launching now.. I’ve been using it for almost a year now :confused:
It’s the same thing Jasper. They are just doing a publicity launch for the enhanced system in line with the new PSE trading system. It will also allow investors to open new on-line trading account.
Maybe not like that.. maybe for people who don’t use firstmetro or people who want to use firstmetro. im using my firstmetro for 3yrs i guess. i like firstmetro because of the chart, i cant see the chart on bpitrade,maybe no chart. btw, Gus i found your blog because of firstmetro in research menu.
Hi per FirstMetroSec, they only had softlaunch in 2007. Tomorrow’s affair is to invite the public. I’m a new online trader under them barely a month now. FYI.
I guess it’s the same FirstMetroSec. I’ve already an account, as well as in COL.
i trade through firstmetrosec also… so are my officemates
I also trade using firstmetro for convenience but research tools and support wise, it needs some heavy user interface face-lift like COL. Hope they improve on it so they can attract more users. Though, buying and selling mutuals funds online upgrade is a good start.
“Though, buying and selling mutuals funds online upgrade is a good start.”
Hi James, is this one of FMSB’s new features? Or is this just in your wish list?
Hi Sonn.
Yeah, its one of their new features I saw the other day, though I don’t know if its already active. Might clarify this with FMSB.
Hi Sonn.
Yeah, its one of their new features I saw the other day, though I don’t know if its already active. Might clarify this with FMSB.
I just saw it a while ago. It doesn’t seem useful, yet. I hope buying would be as easy as buying a stock from my cash position.
Just got off the phone with a FAMI rep. Enrolling FAMI accounts (existing placements), buying & selling MFs are not available yet
Sir Gus, can you explain to me in layman term what the use of their T plus 3? Thank
Ron,
T+3 allows investors and the exchange to settle trades in an orderly manner. When you hit a price on the board, the exchange stands behind that price and the necessary documentation behind it. T+3 gives sufficient time for cheques to clear and for stocks to be delivered.