Market Information - Philippines

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Market Information - Philippines

Information for trading on the Philippines Stock Exchange

Trading hours

Monday - Friday

9.00am - 9.30am (pre-open)
9.30am - 12.00pm (morning session)
1.30pm - 3.17pm (afternoon session)
3.17pm - 3.20pm (pre-close)
3.20pm - 3.30pm (closing/ trading at last)

Singapore time

Currency

PHP

Price quote delay

15 mins

Use CPF

Trading Lot

Varies

Settlement period

T+3 market days

Order Placement

Via iOCBC or your designated Trading Representative

Need help?

1800 338 8688

or contact us online

Please note that Philippine peso is a controlled currency and a Bangko Sentral Registration Document (BSRD) certificate must be registered before sales proceeds can be received in a foreign currency after conversion from Philippine peso.

As a BSRD certificate is issued only after the Buy contract is settled, buy and sell trades are subject to the following restrictions.

Trade Type	Requirement
Buy	No contra allowed. All purchase contracts will need to be settled by T+3.
Sell	Sales proceeds pertaining to its corresponding earlier buy and subsequent sell trade will only be received by T_buy + 6 or T_sell + 3, whichever is later.

Trade Type

Requirement

Buy

No contra allowed.

All purchase contracts will need to be settled by T+3.

Sell

Sales proceeds pertaining to its corresponding earlier buy and subsequent sell trade will only be received by T_buy + 6 or T_sell + 3, whichever is later.

Philippines ETF not available on iOCBC

We have instituted the following trading restriction on the following counter listed below as it is not registered with the Bangko Sentral ng Pilipinas. This means that foreign investors investing in this counter are not entitled to full repatriation of capital and remittance of dividends/profits using foreign exchange sourced/purchased from authorised agent banks and/or their subsidiary/affiliate foreign exchange corporations.

S/No	Stock Name	Stock Code	Market	Note
1.	FIRST METRO PHIL. EQUITY EXCHANGE TRADED FUND	FMETF	Philippines Stock Exchange	Only Sell orders permitted; Buy orders not permitted

S/No

Stock Name

Stock Code

Market

Note

FIRST METRO PHIL. EQUITY EXCHANGE TRADED FUND

FMETF

Philippines Stock Exchange

Only Sell orders permitted;

Buy orders not permitted

For further information, you can refer to this link: http://www.bsp.gov.ph/regulations/key_foreigninv.asp

Minimum bid size

Stocks quoted on all the mining and oil stocks in Philippines Stock Exchange are quoted in ‘number of shares’ instead of of Board Lot.
For example, Dizon Copper, Vulcan Inds etc.

Share Price (PHP)	Minimum Bid Size (PHP)	Shares per board lot
0.0001 up to 0.0099	0.0001	1,000,000
0.0100 up to 0.0490	0.0010	100,000
0.0500 up to 0.2490	0.0010	10,000
0.2500 up to 0.4950	0.0050	10,000
0.5000 up to 4.9900	0.0100	1,000
5.0000 up to 9.9900	0.0100	100
10.0000 up to 19.9800	0.0200	100
20.0000 up to 49.9500	0.0500	100
50.0000 up to 99.9500	0.1000	10
100.0000 up to 199.9000	0.2000	10
200.0000 up to 499.8000	0.5000	10
500.0000 up to 999.5000	1.0000	10
1000.0000 up to 1999.0000	2.0000	5
2000.0000 and up	5.0000	5

2019 trading holidays

View list of holidays

Stock abbreviations

The following trading abbreviations will appear in the “Remarks” column on iOCBC trading platform.To find out more information on the corporate action or trading status on the listed companies, kindly refer to the official websites of the respective Exchanges.

Abbreviation	Corporate Action Description
XD	Dividend Payment in Cash
XI	Interest Payment
XSS	Split
XB	Bonus
BGB	Reverse Split
XC	Capital Reduction
XR	Rights
OTH	Bonus and Rights; or Bonus also entitled for Rights; or Rights also entitled for Bonus

Abbreviation	Trading Status
SUS	Suspended
OTW	Opening
SES	Continuous Trading
1	Order entry authorized
2	Order entry forbidden