In order to buy REITs, FirstMetroSec, as your stockbroker, will create an account for you in the NoCD facility of the Philippine Depository & Trust Corp (“PDTC”) in compliance with regulation. This will entail sending them your personal information, including but not limited to name, mailing address, date of birth, gender, and email address.
Currently, peso denominated securities are registered under the Broker’s Omnibus Client Securities Account that aggregate the holdings of investors with the stockbroker.
If you wish trade REITs, you may click HERE to authorize FirstMetroSec to create a NoCD account for you. Your access to REIT will be activated the following day.