Philippine News Agency
SEC approves PSE offsite trading protocols amid quarantine
The Securities and Exchange Commission (SEC) has approved offsite trading protocols for the Philippine Stock Exchange (PSE) to ensure the continued operation of capital markets during the enhanced community quarantine in Luzon.
The PSE is scheduled to resume trading on Thursday, March 19, after implementing these remote trading procedures.
SEC Chairperson Emilio Aquino emphasized that maintaining access to capital is crucial for both the government and businesses, especially SMEs, to support essential operations like healthcare and food production during the public health emergency.
The approved protocol allows the PSE to conduct start-of-day activities remotely via a virtual private network (VPN) while operating on its primary site's systems and servers.
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