Personal Development, Finance and Investing For Filipinos
An investment in knowledge always pays the best interest. Financial Education is your best investment.
The Philippine Stock Exchange or PSE is the only operating stock exchange in the Philippines.
The trading schedule has two sessions from Monday thru Friday except on legal holidays: the morning session is from 9:30 AM to 12:00 PM, while the afternoon session is from 1:30 PM to 3:30 PM.
The Market Phases
9:00 AM (Pre-opening) - Client can enter, edit or cancel orders.
9:15 AM (Still part of pre-opening) - Client cannot modify or cancel his/her orders.
9:30 AM (Opening) - PSE system computes for the opening price of each security.
9:30 AM to 12:00 PM (Continuous Trading Period) - This is the period where traders buy and sell stocks.
12:00 PM to 1:30 PM (Market Recess/Lunch Break)
1:30 PM (Market Resume/Continuous Trading Period) - This is the period where traders buy and sell stocks.
3:15 PM (Pre-closing) - Client can enter, modify or cancel orders but no matching will occur.
3:18 PM (Still part of pre-closing) - Client can enter order but cannot modify or cancel orders.
3:20 PM (Closing) - PSE system computes for the closing price of each security.
3:20 PM (Run-off Period) - Users can only enter orders and execute trades at the closing price.
3:30 PM (Market Closed) - End of Trading
Image Source: philstar.com
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ABOUT THE BLOGGER
Ralph "Rap" was born and raised in the Philippines. A Financial Literacy Advocate. An I.T. by Profession. An Investor. A Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). A Traveler. An Adventurous. A Mountain Hiker. A Dreamer.
Currently, working my way toward time and financial freedom.