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Philippine Stock Exchange

Philippine Stock Exchange - Established when a merger of two stock exchanges (The Manila Stock Exchange and the Makati Stock Exchange) occurred, the Philippine Stock Exchange maintains two trading floors. One is in Makati City's central Business district and the other is at its headquarters in Pasig City. It is the primary stock exchange in the Philippines and one of the major stock exchanges in Southeast Asia. The Philippine Stock Exchange has been in operation since 1927. The company was operated at one time as a non-profit organization but in 2001 after the securities regulation code was enacted, the Philippine Stock Exchange was converted to a for profit corporation.

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Definition of the Day Optionable Stock

Optionable Stock - Optionable Stock is a stock certificate that has options trading on a market exchange. Not all corporations that trade publicly have exchange-traded options; this is due to requirements that need, such as minimum shares of stock price and minimum outstanding shares. This allows stock shareholders to buy...

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