GCash’s stock investment platform, GStocks, is preparing to expand internationally with a new initiative called GStocks Global, which will allow users to invest in global stocks.
The platform is currently under development, and GCash is working with regulators to finalize the project details
The Securities and Exchange Commission (SEC) has received a sandbox application for GStocks Global and will evaluate it based on the SEC Strategic Sandbox guidelines.
Approval for the project will require clearance from the commission en banc, which oversees regulatory sandbox testing.
GStocks PH, the local counterpart, has seen rapid growth, with over 800,000 registered users and the ability to invest in more than 280 companies listed on the Philippine Stock Exchange.
Source: PhilNews24 | September 6, 2024
GSTOCKS PREPARES FOR WORLDWIDE MARKET ENTRY
Latest from Business
Filipino preloved book sellers, such as Booksale Philippines and Bookchigo Trading, are adapting to global trade
Consumers can expect prices of necessities and prime commodities (BNPCs) to remain stable until the end
World leaders convened in Malaysia on Monday to discuss strategies for strengthening economic and trade ties
VITRO Inc., the data center arm of the PLDT Group, has graduated the first batch of
GMA Network Inc. is forming a 50:50 joint venture with Viva Records Corp. to focus on