The PSE facilitates the selling and buying of the issued stocks and warrants. It provides a suitable market for the trading of securities to individuals and organizations seeking to invest their saving or excess funds through the purchase of securities.
What is the stock exchange market in the Philippines?
- The stock exchange market imposes stringent rules, listing statutory requirements that are binding on all listed and trading parties (www.pse.com.ph). One of the oldest stock exchanges in Asia is the Philippine Stock Exchange (PSE).
What is the role of the Stock Exchange in the market?
- They also act as secondary markets, where investors can also sell their securities to other investors for cash, thus reducing the risk of investment and maintaining liquidity in the system. The stock exchange market imposes stringent rules, listing statutory requirements that are binding on all listed and trading parties (www.pse.com.ph).
What is the role of Technology in the Philippines stock market?
- In addition to the unification and demutualization of the stock exchange, technology has played a great role in the transformation of the stock market in the Philippines. Trading in the MSE was improved by the implementation of a fully computerized match trading system—the Stratus Trading System with Equicom in January 1993.
How did the Philippine Stock Market recover from the Asian crisis?
- While the Philippine stock market recovered relative to those of the Western countries, the Philippine economy was toughened by the Asian financial crisis in the late 1990s. After bottoming out in 2008, the stock market started an unprecedented growth to become one of the best performing emerging markets.