Philippine Stock Exchange

The Philippine Stock Exchange ( PSE) (Filipino: Pamilihang Sapi ng Pilipinas ) is the second Philippine Dealing Exchange one of the two stock exchanges in the Philippines. It represents the main stock exchange in the Philippines and is now not only one of the largest stock exchanges in Southeast Asia, but with your beginnings in 1927, one of the oldest stock exchanges in Asia. At 31 December 2008 246 listed companies were at the Philippine Stock Exchange with a market capitalization of 51.88 billion U.S. dollars listed .. The largest 32 companies by market capitalization are in PSei index summarized.

History

The Philippine Stock Exchange was established on 23 December 1992 by the merger, which was founded in 1927, Manila Stock Exchange ( MSE) and the existing since 1963 Makati Stock Exchange ( MkSE ). The MSE, initially based in Manila, moved its headquarters in 1992 after Pasig City, whereas the MkSE held since founding in Makati City. There are also after the merger of PSE on both sites, so the floor trading takes place in two spatially separated Handelssäälen. Since March 1994, however, both stalls are in a central computer system, the MakTrade system together, so that trade in a centralized location, no matter which of the two locations, an order is placed. Currently, the Philippine Stock Exchange has the shortest trading hours throughout Asia from 9.30 am to 12.10 clock in 2002 as a test of the trade of 13.00 bis 14.30 clock was extended to the afternoon, as this period, however, with the trading halt for lunch the neighboring exchanges in Singapore, Hong Kong, Malaysia, Indonesia and Thailand on average, this did not bring the desired effect and, after just eight months, moved back to the previously applicable trading hours ..

In 2001, after the entry into force of the Philippine Securities Regulation Code, has been converted into a publicly traded corporation and winner economize the Philippine Stock Exchange from a managed society members. Since December 15, 2003 Shares of the PSE are publicly traded.

The -been in office since 2004, Chief Executive Officer Francis Ed. Lim resigned on February 14, 2010. His successor in that office is Val Antonio B. Suarez.