GCash scores SEC approval to publicly launch in-app online stock trading services

GCash, operated by G-Xchange Inc., on Monday said it scored the approval of the Securities and Exchange Commission to publicly launch online trading services or GStocks PH through a partnership with AB Capital Securities Inc.280 local companies

“GCash will continue to partner with like-minded organizations like AB Capital so that we can empower Filipinos from all walks of life and give them the opportunity to grow their wealth,” GCash chief executive and officer and president Martha Sazon said. “The SEC supports new innovations in financial technology and how this can enable more Filipinos to have access to legitimate investment opportunities,” SEC commissioner Kelvin Lester Lee said.

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