|Category: Beginner||Posted on: September 17, 2011 by: pseacademy_administrator||Comments: 0||Attachments: 0|
In the Philippines, the only operating stock exchange is the PSE.
The PSE has two (2) trading floors in Ayala Center, Makati City and Ortigas Center, Pasig City—where trading participants trade daily except Saturdays, Sundays, legal holidays and days when the Central Bank Clearing Office is closed.
The trading schedule has morning and afternoon sessions. The morning session is from 9:30a.m. to noon, while the afternoon session starts from 1:30p.m. until 3:30p.m including a 10-minute run-off period. The actual placing of orders can start 30 minutes before the market opens or at 9:00a.m.
The PSE has extended the trading hours beginning January 2012, in a bid to attract more investors and prepare for cross-border trading with neighboring Southeast Asian nations.
|9:30 a.m.||Market Open|
|12:00 n.n.||Market Recess|
|1:30 p.m.||Market Resume|
|3:20 p.m.||Run-off / Trading At Last|
|3:30 p.m.||Market Close|
Investors may post a buy or sell order even after the trading period. However, this order will only be entered and matched through the PSE’s new trading system known as the PSEtrade, the next trading day.