PSE puts up new electronic board for stock market trading next year

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A new electronic board for stock market trading will be up and running in 2014.
The Philippine Stock Exchange (PSE) launched the board, which is composed of 130 LED panels covering close to 80 square meters, during its 10th
listing anniversary.
The board will display a preview of the stock market indices and shows real time intraday graphs and pie charts of the sectors.

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It will also track the most actively traded stocks by value, the top 10
gainers and losers. US and Asian markets.

“As we unveil our new electronic board, I believe that we are also unveiling a new leaf in our history beyond the dynamic visuals that the new electronic board will let us experience henceforth. Given the pace of progress and development of markets globally, I am sure the next ten years will fly by us even faster.  But I am confident that we shall also be able to achieve more in the coming years,” PSE Chairman
Jose Pardo said.
The bourse will push for the launching of the first Personal Equity Retirement Account under the PERA Law as well as the short selling program of the PSE, he said.
“We will start establishing the building blocks that will lead to the
introduction of our own index options and futures to be traded at the
PSE,” he noted.
He said the PSE will continue to promote and conduct market
awareness activities on the products it has introduced this year such
as the Exchange Traded Fund, Shariah list, the PSETradex and the PSE
EDGE.
In 2013, the PSEi breached the 6,000 and 7,000 marks and hit an
all-time intraday high of 7,403.65 and a record close of 7,349.95. It
ended 2013 with a year to date gain of 1.3 percent.

MADELAINE B. MIRAFLOR

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