March 27, 2018
First Metro Securities Brokerage Corporation (FirstMetroSec), the stockbrokerage arm of the Metrobank Group, inked an agreement with two higher education institutions to officially launch First Flight, a virtual trading platform for the Philippine Stock Exchange (PSE) to be introduced to students under their finance programs.
FirstMetroSec signed the agreement with Manila Tytana Colleges (MTC) and Ateneo de Davao University (AdDU) in two separate ceremonies. First Flight will mainly be used by students under the two schools’ finance programs.
FirstMetroSec president Gonzalo Ordoñez said, “First Flight will advance students’ learning through first-hand trading in the stock market. This will prepare the investors of tomorrow for the big decisions they will make later on in their lives. FirstMetroSec will partner with more colleges and universities, so that more students can benefit from the virtual trading platform. This supports First Metro’s advocacy to enhance financial literacy, especially on the Philippine capital markets.”
First Flight allows the students to buy and sell stocks using virtual money, simulating actual trading of stocks online. This platform mirrors the features available on the FirstMetroSec website, giving students access to actual research reports, charting tools, and company reports to help them in taking their first step into the stock investing world.