SEC approves offsite trading protocols amid Luzon quarantine

The Securities and Exchange Commission (SEC) approved offsite trading protocols for the Philippine Stock Exchange (PSE) to ensure continued operation amid Luzon's enhanced community quarantine.

Trading resumed on March 19 with shortened hours from 9 a.m. to 1 p.m., conducted remotely.

All trading activities must be performed outside the PSE Tower, and participants are required to publish contact details for client queries.

A skeletal workforce at the Securities Clearing Corporation of the Philippines (SCCP) will facilitate clearing and settlement through email and phone.