Credit Suisse launches onshore brokerage in the Philippines

With the addition of the Philippines, Credit Suisse offers its clients direct trading access in 16 markets in Asia-Pacific.

Credit Suisse has started offering onshore brokerage services in the Philippines, which will give its clients direct trading access to the local stock exchange.

The move comes after the Swiss bank bought an exchange trading right in October last year and after it received a securities broker-dealer licence for the Philippine Stock Exchange in February. Aside from sales trading, programme trading and execution, which went live last week, the onshore brokerage is also providing research and sales services.

The addition of the Philippines means Credit Suisse is now offering onshore sales and trading capabilities in 16 markets in Asia. In Southeast Asia, it has a leading exchange...

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