Home Business & Finance Philippine Bourse Seeks to Boost Retail Trading With New Reforms
Business & Finance

Philippine Bourse Seeks to Boost Retail Trading With New Reforms

Key Points

Philippine Bourse Seeks to Boost Retail Trading With New Reforms The sole stock exchange in the Philippines is preparing a slew of measures including new exchange-traded funds to attract retail investors away from online gambling and cryptocurrency trading. The Philippine Stock Exchange will start using a new trading engine later this year that lowers the minimum number of shares that can be traded in a single transaction and introduce new types of exchange-traded funds, President and CEO...

Philippine Bourse Seeks to Boost Retail Trading With New Reforms The sole stock exchange in the Philippines is preparing a slew of measures including new exchange-traded funds to attract retail investors away from online gambling and cryptocurrency trading. The Philippine Stock Exchange will start using a new trading engine later this year that lowers the minimum number of shares that can be traded in a single transaction and introduce new types of exchange-traded funds, President and CEO Ramon Monzon said in an interview at his office in the Taguig City business district. The bourse seeks to fast track the accreditation of stockbrokers, allow margin trading and offer derivatives catering to big investors, he said.
Philippine Bourse Seeks (ORG) Boost Retail Trading With New Reforms Philippine Bourse Seeks (ORG) Boost Retail Trading With New Reforms (ORG) Philippines (LOCATION) The Philippine Stock Exchange (ORG) Ramon Monzon (PERSON) Taguig City (LOCATION)
Originally published by Bloomberg Markets Read original →