Philippine Stock Exchange mulls changes in trading, tech to reinvigorate fundraising

A trader takes orders on a telephone at the Philippine Stock Exchange (Source: Reuters).

Approaching its 25th anniversary this year, the Philippine Stock Exchange (PSE) has long been criticised for its ‘strict’ rules and regulations in listing and trading. It is not surprising then that IPOs in the country remain scarce. In 2017, there were only four IPOs in the country, same as the previous year. PSE ended 2017 with 267 public companies, excluding delisted firm Calata Corp.

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