Financial Markets


The Financial Markets Group is responsible for the distribution and trading of financial instruments such as peso- and dollar-denominated government securities and corporate papers, as well as managing the liquidity requirement of First Metro. As a quasi-bank licensed institution, First Metro accesses public funds through the issuance of promissory notes. As a Government Securities Eligible Dealer (GSED) authorized by the Bureau of the Treasury (BTr), First Metro is considere one of the most active dealing and brokering participants in the industry.


Driving the success of our underwritten deals is the dynamic synergy between the Investment Banking Group and the Financial Markets Group. First Metro's underwriting strength is complemented by its ability to distribute securities widely.


Another trademark of the Financial Markets Group is the trading of fixed income instruments, such as government securities and corporate bonds. As a market maker for most corporate issues, providing counterparties and clients with active two-way quotes, we have earned a reputation as the industry's top corporate securities market maker.


We are able to strengthen relationships with our business partners, both institutional and individual, through the excellent delivery of financial solutions that address their specific funding requirements.


The exceptional brokering expertise of the Financial Markets Group has been recognized over the last five years. In 2015, we once again ranked second in the Fixed Income Brokering Participant category at the PDS Group Awards. Our brokers were consistently recognized as top salespersons by The Asset and the Fund Managers Association of the Philippines (FMAP).


We also continue to receive accolades for our dealing and trading prowess. In 2015, the PDS Group recognized our perfromance in the Fixed Income Dealing Participant category (ranked third). In the same year, the BTr also named First Metro one of the Top Performing GSEDs (fifth). Both The Asset and FMAP likewise regularly commend our traders as among the Best Fixed Income Traders in the industry.

Peso-Denominated Instruments



Foreign Currency-Denominated Instruments