Metrobank maintains its number one position in securities trading

Metropolitan Bank and Trust Co. (Metrobank) The Financial Markets sector was recently recognized by the Asset and Treasury Office for its trading expertise and for having the largest market share in terms of trades this year.

Inside, the Bureau of the Treasury (BTr) named Metrobank the best market maker for 2023, beating Traders Qualified Other Government Securities (GSED).

The National Treasury cited the bank’s efforts to help the national government meet its financing requirements and to support the Philippine Central Bank’s initiatives in enhancing Filipinos’ access to investment opportunities.

Meanwhile, overseas, Metrobank took home the Institute’s Top Sell-Side Award for both Peso Corporate and Government Securities in the Secondary Market at the 2022 Asset Research Awards for the third year in a row. The bank was also named the Investor’s Choice Arranger of Government Securities.

Assets also honored Metrobank’s top dealers in the Best Local Currency Bond in the Region award category. In keeping with the Bank’s long tradition of excellence and service, Metrobank’s financial markets segment has once again demonstrated that its expertise is in line with industry standards. The winners were: Catherine Abbs, Head of Metrobank Rates & Credits, and David Estasio, Head of State Securities Trading, who ranked first and second, respectively, in the trading category. Sales Trader Samantha Derrett and Head of Financial Institutions Sales Gabrielle Leboro who placed fourth and fifth, respectively, in the sales category; and Head of Institutional Investor Coverage Rubén Zamora, who ranked fourth in the research category.

The Top Sell-Side Institution Award is given to the banks that captured the largest market share for corporate and government bonds in the annual Asian Currency Bond Review. Market share is then calculated from a detailed survey completed by leading institutional investors. On the other hand, for the individual category, Asset Benchmark Research nominates the best sell-side performers in Research, Sales and Trading and the winners are based on the number of votes from the audience.

“We always strive to do our best amidst different market conditions. As the activities of the financial markets begin to recover, we commit to our partners such as the Treasury Office as well as to our retail and corporate clients that we will always strive to make our local markets more liquid, offer relevant products and ideas, and make sure that Metrobank Chief Executive Officer and Head of Financial Markets Division Fernand Antonio Tancingco: “The right mechanisms are in place to make it thrive.”

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