In the Philippines, the only operating stock exchange is the PSE.
While the PSE maintains its headquarters in BGC Taguig City, trading participants can trade daily except Saturdays, Sundays, legal holidays, and days when the Central Bank Clearing Office is closed from anywhere as trading is completely floorless and online.
The trading schedule has morning and afternoon sessions. The morning session is from 9:30 a.m. to noon, while the afternoon session starts from 1:00 p.m. until 3:00 p.m. including a 10-minute run- off period. The actual placing of orders can start 30 minutes before the market opens or at 9:00 a.m.
Time | Status |
|---|---|
9:00 AM | Pre-Open |
9:15 AM | Pre-Open (No Cancel) |
9:30 AM | Market Open |
12:00 PM | Market Recess |
1:00 PM | Market Resumption |
2:45 PM | Pre-Close |
2:48 PM | Pre-Close (No Cancel) |
2:50 PM | Trading-at-Last |
3:00 PM | Market Close |
Table 1. Trading Schedule
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 XTS, the next trading day.
