Personal Development, Finance and Investing For Filipinos
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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
Hi, Ralph Gregore Masalihit here!
A Personal Finance 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).
Currently, I'm working my way toward time and financial freedom.