WeCap debuts as PSE trading firm

Newcomer WeCap Financial Inc. (WeCap) has officially launched as a trading participant at the Philippine Stock Exchange (PSE), aiming to make stock trading and investments more accessible to Filipinos. 

The firm commenced operations on 14 February under broker code 358 and short name WCAP.  

WeCap president Job Ambrosio said over the weekend that the company is committed to expanding retail participation in the stock market through digital solutions. 

“Our trading platform represents a key product that we offer to our clients, and our long-term goal is to launch our mobile and online trading platform that will make trading of Philippine stocks more accessible to more Filipinos, which is an objective we share with the PSE,” Ambrosio said.  

Broker-dealer license

Based in Makati, WeCap also offers capital raising and advisory services alongside its securities trading platform.

The boutique securities brokerage and investment advisory firm has been preparing for this milestone since acquiring BDO Nomura Securities Inc.’s trading rights from BDO Unibank in October 2021. 

In 2024, WeCap partnered with PSE subsidiary Premier Software Enterprise Inc. for its order management platform. 

The Securities and Exchange Commission granted WeCap a broker-dealer in Securities license, while the PSE approved it as a trading participant.