THE Philippine Stock Exchange (PSE) is “more confident” of closing the long-standing proposal to merge with fixed-income trading platform operator Philippine Dealing Systems Holdings Corp. (PDS) within the year given the increasing support of various stakeholders.

“We’re more confident than last time because one, we’ve been talking [about] this with them [regulators] for the last nine months now, so there have been a lot more back-and-forth. I think also that the signals are there, let’s call it senior support from various stakeholders,” PSE President Hans Sicat said in a briefing late Friday.

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