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philippine stock exchange
Philippine Stock Exchange
Philippine Stock Exchange also known as the Philippine stock exchange incorporated (PSEi) is the national stock exchange of the country. A little background about PSE, it was created from the two stock exchange of the country which are the Manila Stock Exchange or MSE established on 1927 specifically August 8 and the Makati Stock Exchange or MkSE established on 1963 of May 27th. Both stock exchange allied after 30 years since the birth of MkSE on December 23, 1992.
Philippine Stock Exchange a member of World Federation of Exchanges or WFE is one of the oldest stock exchange in southeast Asia ( 1927 up to present ). The PSEi has two trading building, one at the Ayala Tower One in Makati City’s Central Business District and the other at Pasig City as their headquarters.
It is headed by Mr. Jose T. Pardo, the chairman and made up of 15 people Board of Directors
A brief history of the Philippine Stock Exchange, Inc.c The Philippine Stock Exchange (PSE) began from two separate stock exchanges, the Manila Stock Exchange, Inc (MSE) and the Makati Stock Exchange, Inc (MkSE). The MSE was started by W. Eric Little, Gordon W. Mackay, John J. Russell, Frank W. Wakefield and W.P.G. Elliot in 1927. On the other hand, the MkSE was started in 1963 by Hermenegildo B. Reyes, Bernard Gaberman, Eduardo Ortigas, Aristeo Lat and Miguel Campos.
The present Philippine Stock Exchange was born from a merger of the MSE and MkSE in 1992. The PSE was incorporated by Robert Coyiuto, Jr., Victor Say Hipek, Eduardo C. Lim, Juan B. Francisco and Cesar E.A. Virata. From these five businessmen who incorporated the PSE in 1992, the PSE catered to over 500,000 investor accounts in 2011. Currently, the PSE has two trading floors (Ortigas and Ayala Avenue). By 2016 or 2017, the PSE is also set to move to its new headquarters at the Bonifacio Global City in Taguig.g

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