Philippine Stock Exchange Inc. and the Securities Clearing Corporation of the Philippines will have regular trading, clearing and settlement on November 17 and 20, 2015.
The two agencies announced the regular trading after the Bangko Sentral ng Pilipinas said the Philippine Payments and Settlements System would be operational on the two dates.
“We are grateful to the BSP for making financial clearing and settlement operations available to the public on November 17 and 20. This development allows financial institutions, including the PSE, to continue their normal services to the investing public and various stakeholders even when government offices in NCR are closed on these dates,” said PSE president and chief executive Hans Sicat.
The PhilPaSS of the central bank is a vital component in the trading cycle as it operates the settlement of transactions of financial institutions.
November 17 and 20 were earlier declared as non-working holidays for the government in the National Capital Region in relation to the Asia-Pacific Economic Cooperation meetings.