The MART website being the official website of the largest organization of fixed-income dealers is the perfect venue to promote upcoming issues of debt securities. We would therefore like to encourage the MART membership to submit to us information about upcoming underwriting issues that your bank may have. If you wish to contribute please send to [...]
The Money Market Association of the Philippines (MART), in partnership with the Philippine Dealing and Exchange Corporation (PDEx), held its annual seminar for aspiring salesmen in the fixed-income market on July 22 at the Yuchengco Institute for Advanced Studies in RCBC Plaza. The event was attended by MART members and non-members coming from various banks, [...]
The Money Market Association of the Philippines held its second General Assembly (GA) for the year on July 28 at the Grand Ballroom of the InterContinental Hotel, Makati City. The Guest of Honor and Speaker was no less than Jose Clemente “Joey” S. Salceda, Governor of Albay province and Economic Adviser to Pres. Gloria Macapagal-Arroyo. [...]
The Money Market Association of the Philippines (MART) conducted its first mini-forum entitled “May PERA Ka Ba?” on July 14 at the Yuchengco Tower of RCBC Plaza. The forum was about the Personal Equity and Retirement Account (PERA), a bill fully enacted into law on August 22 of the previous year. The guest speaker was [...]
When I joined the Domestic Funds Management (DFM) Team of PCIBank Treasury in 1995 the unit was in between bosses. Roland came after a few weeks and immediately gained everyone’s respect, having his reputation as a good trader and treasury person preceding him. We came to learn that when he needs something he needs it quick and accurate. Coming [...]
As part of the Swiss-based Compagnie Financiere Tradition (CFT), one of the top three brokers in OTC products globally, Tradition Financial Services (TFS) was founded in 1985 with its offices in major financial centers. Tradition Financial Services Philippines, Inc. opened in November of 2008. With its brokers coming from different backgrounds and industries, this diverse mix of [...]
It was a night of network gaming for MART members as twelve teams of five trooped to the b_Connected internet café in Greenbelt 4 last April 15, 2009 to play Counter-Strike, one of the most popular network games of all time. This gave the traders a much needed break from their busy schedules. BSP’s quintet [...]
Lulu Cinco bade farewell to fellow MART directors after she accepted an early retirement package from AB Capital. She will be leaving AB capital by the end of the month. Lulu leaves AB Capital after 29 years, as its FVP and Treasurer. She has been one of the most widely-recognized market figures for the past [...]
The Money Market Association of the Philippines held its First General Assembly on April 2 at the Grand Ballroom of Intercontinental Manila. Gracing the event was Deputy Governor Nestor Espenilla. He opened his speech with a favorable statement that thePhilippines currently in a strong position to overcome the crisis. Bank lending is growing, NPL ratio has been declining and favorable [...]
A Financial Scam is a fraudulent investment operation that pays returns to investors from their own money or money paid by subsequent investors rather than from any actual profit earned. The two most often used schemes are “Ponzi” and Pyramid. The words “Ponzi” and “Pyramid” are often used interchangeably but the basic difference is that a Ponzi scheme has [...]
MART recently announced the committee chairpersons for 2009. They are: Operations - Kit Agena (MBTC) Professional Markets - Joan Policarpio (DB) Public Distribution - Roland Avante (Chinatrust) External Affairs - Jojo Dispo (FMIC) Membership - Joric Nazario (PVB) / Alex Macapagal (LBP) Education - Ricky Cebrero (EWBC) / Paul Evora (BDO) Website - Lester Castolo [...]
The Annual Election of the Board of Directors of the Money Market Association of the Philippines (MART) for the year 2009 was held last November 15, 2008 at the Willy’s Resort in the Island of Boracay, Malay, Aklan The following institutions were elected to constitute the Board of Directors for the year 2009: Bank of the Philippine Citi, N.A. [...]
As a fellow investor, I would not be surprised that the news on the current global crisis made you feel scared and confused as to what will happen and where to place your hard-earned money these days. Well, government securities such as Treasury bills (T-bills), Fixed Rate Treasury Notes (FXTNs) and Retail Treasury Bonds (RTBs) [...]
MART at 37: Bridging Stakeholders Toward an Efficient Capital Market There is a financial event happening all across the globe, affecting every major market with repercussions for the long term. It’s an event that echoes an unfortunate one some decades ago. It’s quite fortunate that many are confident, unlike then, that we now have the systems [...]
Money Market Consciousness Week Programme of Activities 10-16 November 2008 November 6, Thursday MART Outreach Program - Boy’s Town November 10, Monday Radio Station Interview “Saksi sa Double B” (8:30AM) - Joselito Ricardo G. Nazario, Treasurer, PVB (MART Past Pres.) - Lester Joseph T. Castolo, SVP, MIB (MART Treasurer) Shoptalk TV Guesting (ANC Channel [...]