‘Maya Stocks’ launches

Maya Philippines Inc. has launched its online stock trading platform dubbed “Maya Stocks” in time for the initial public offering (IPO) of Maynilad Water Services Inc.

“Our goal has always been to make access to financial opportunities simpler and more inclusive,” Maya group president Shailesh Baidwan said in a statement on Thursday.

“Maya Stocks brings IPO participation closer to consumers by embedding a secure, regulated process into the same app they already use every day,” she added.

The company simplifies users’ participation in a single interface by opening a stock trading account and partnering with brokers DragonFi Securities Inc., F. Yap Securities Inc. and Philstocks Financial Inc.

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The platform’s new functionality becomes available for Maya users as Maynilad’s IPO runs until Oct. 29. The same feature will later support IPOs as well as regular trading of stocks.