The Philippine Stock Exchange Inc. is hosting a series of free financial literacy webinars with GCash and partner trading participant AB Capital Securities Inc.
“This webinar series with GCash is timely since their stock investment application is now accessible to all their users. I hope their subscribers and the general public take the time to attend the upcoming sessions to know more about personal finance and to understand the importance as well as the risks and rewards of stock investing as they prepare to embark on their investing journey,” PSE president and CEO Ramon S. Monzon.
The virtual series titled Pera Power Up: Beginner’s Guide to Saving and Investing will be held every Thursday, from 14 September to 5 October from 4pm to 5pm.
The four-week webinar feature the following topics: Get Set Savings: Level Up Your Saving Strategies on 14 September; Financial Blueprint: Learn the ABCs of Smart Financial Planning on 21 September; Fundamentals – Empowering Your Funds Mindset on 28 September; and Stock Knowledge: Charge Up Your Knowledge with GCash on 5 October.
The online stock trading app GStocksPH was made available to all GCash users only weeks earlier following a year of soft launch.
With the app, investors may trade PSE-listed shares real time. It has key features and tools enabling users to make informed investment decisions. GStocksPH stock market accounts are handled by AB Capital Securities, Inc.
Participants may register via the events calendar page at the PSE Academy website.
In September last year, the PSE allowed GCash users to trade using the mobile phone application that it hopes to attract an increasing number of individual traders over time.
The PSE has developed a platform within its system allowing Gcash users to trade at the stock market.
Trades can only be allowed through a broker, in this case AB Capital.
Monzon said the initiative is a possible game changer that could easily double or triple the 1.6 million accounts registered at the bourse. Of this number, some 1.16 million are online accounts.
PSE accounts have been growing at a compounded annual rate of 31 percent from 2016 to 2021.
