June 24, 2015

PSE Successfully Launched New Trading System

Photo By vobios (http://flickr.com/photos/vobios/80665174/) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

Philippine Stock Exchange (PSE) had successfully migrated to PSEtrade XTS trading system powered by Nasdaq technology according to the article released on the PSE website. According to the website, XTS trading system is capable of handling big trading volumes. It has also managing risk features which includes same-day recovery when disaster recovery site is used.

PSE is a self-regulatory organization for buying and selling securities in the Philippines. Nasdaq provides trading, clearing, exchange technology, listing, information and public company services across six continents.

PSEi closed up by 1.21% to 7,463.33 points – all sector up; today, June 24, 2015.

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