2. History
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Philippine Stock Exchange (PSE) was formed from two countries stocks exchanges, the Manila Stock Exchange (MSE) and Makati Stock Exchange (MkSE).
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MSE was established in August 8, 1927
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MkSE was established in May 27, 1963
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In June 1998, the Securities and Exchange Commission (SEC) granted the PSE a “Self-Regulatory Organization” (SRO) Status, which meant that the bourse can implement its own
rules and established penalties on erring trading participants (TPs) and listed companies.
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In 2005, the PSE adopted an online daily disclosure system (ODiSy) to improve the transparency of listed companies and ensure full, fair, timely and accurate disclosure of material
information from all listed companies. The ODiSy provides a 24/7 online system access for the submission of all types of disclosures.
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In July 26, 2010, the PSE launched its new trading system, PSEtrade, which replaced the MakTrade system. The system was acquired from the New York Stock Exchange.
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In 2012 The Exchange implemented whole day trading on the first trading day of the year. Trading starts at 9:30AM with a recess at 12:00NN-1:30PM, and continues until the close
at 3:30 PM. This is part of the Exchange's efforts to increase liquidity in the market and also align our trading session with that of the Asian markets, at the very least.
