In the recent trend, the financial brokerage market around the globe one of the most promising financial markets along with the very few financial products assisted for the trading at present but will augment during the few years. Whereas, in Philippines, the trading activities is greatly regulated owing to the very low trading volume and comparatively fewer trading accounts, most of the brokerage firms deliver the brokerage services at the lowest cost prescribed by the SEC. During the recent trend, the companies charge the brokerage fees for the equity trading and schedule to enlarge the financial services towards the asset management, mutual funds, wealth management, top picks, algorithmic and several other services that can lure the consumers.
However, in the Philippines, the entire revenue in the financial brokerage industry positively observed an increasing trend on the account of a deduction in the simplification of the tax structure for the trading, growing investor’s confidence and the political stability during the last years.
Not only has this, based on the Financial Brokerage Market Size, the market of the financial brokerage in the Indonesia was effectively witnessed in an increasing stage wherein the market observed steady growth during the forecast duration. Additionally, based on the type of the investment category, the market of financial brokerage is sectored into Equity and Debt whereas, the equity investment category obtained the mainstream of the market share in the terms of revenue contribution and frequency of transactions in the Indonesia during the recent past years due to the great high liquidity level, augmented investment by the asset manages of the mutual funds and the positive growth in the number of IPOs in the region. In the equity investment category, the stocks were registered category followed by the warrants, rights, REITs and ETFs in the terms of the revenue contribution to the industry. For instance, the remaining market share was apprehended by the debt investment category involving the government and corporate bonds during the recent past years.
Nonetheless, the Financial Brokerage Market Growth Rate states that the effective growth in the trading volume has consistently led to augment in the revenues engendered by such players. In addition, the modification of the trading podium from offline to both online-offline has also developed the revenues countered by the full service brokers. However, the future for full service brokers has been presenting unstable growth, since such corporates are losing an efficient share to the discount brokers in India. Improving and marketing their capability to support the consumers meet their goals with a suite of the products and services will pursue to toughen their relationships over the long term.
Financial Brokerage Market Size states that the Philippines Financial brokerage market is effectively fragmented in nature. The UBS securities in the market leader and has the greatest market share in the Financial Brokerage market in Philippines on the basis of projected equity trading volume during the recent past years.
Financial Brokerage Business Models states that the effective increase in the CAGR is majorly suggested by the projected growth in the investor education, government’s initiative towards the setting up commodities exchange and stable macroeconomics aspects’ contribution towards the entire revenue is anticipated to grow at a positive and effective CAGR during the same duration propelled by the effective growth in the financial inclusion of the overall populace as the technology will be leveraged to enlarge the locations of the functions. Therefore, in the near years, it is anticipated that the market of financial brokerage will increase around the globe over the upcoming years more effectively.
For more information on the research report, refer to below link:
Philippines Financial Brokerage Market Outlook to 2023 – By Equity on Basis of Transaction Value, By Transaction Mode (Online & Offline), By Basis of Time of Delivery (Intraday & Delivery Based), By Type of Investor (Domestic & FII)
Ankur Gupta, Head Marketing & Communications