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A Major Player in Fixed-Income Securities Dealership
AB Capital's strength in market-making activities lies
in its extensive network of individual and institutional investors, both
in the local and foreign communities.
AB Capital is a leading dealer of Commercial Papers and other
negotiable fixed-income instruments and is one of 45 institutions
accredited by the Bangko Sentral ng Pilipinas to deal in Government
Securities. From 1996-1998, AB Capital's trading turnover volume for
negotiable fixed-income instruments has averaged P250 billion/year.
Approximately 73% of this volume was accounted for by government
securities, with the balance of 27% accounted for by private sector
fixed-income instruments. As of 1998, institutional clients accounted
for approximately 75% of AB Capital's fixed income fund level, while 25%
was accounted for by retail clients.
Consistently
among the Top Local Stock Brokerage Firms
AB Capital's stock brokerage subsidiary, AB Capital Securities, Inc.
(ABCSI), formerly Anscor Hagedorn Securities, Inc., was ranked as
the no. 1 domestic stock brokerage firm in the Philippines in 1998.
ABCSI's total trading volume as of year-end 1998 amounted to P23
billion, representing 2.83% of the total volume traded in the Philippine
Stock Exchange.
ABCSI possesses excellent research capabilities, allowing it to provide
its clientele with timely and accurate information and recommendations.
(Click HERE to go to AB
Capital Securities, Inc.'s home page.)
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