Thursday, July 21, 2011

Extended Trading Hours at Philippine Stock Exchange

At present, the Philippine Stock Exchange trading hours is from 9:30 AM to 12:10 PM.  That is only 2 hours and 40 minutes of trading but starting October 1, 2011, longer trading hours will take effect. 

The Philippine Stock Exchange Board of Directors approved the extension of the longer market trading hours and the implementation will come in two phases.

The first phase is the extension of the morning trading hours which will take effect on October 1, 2011.  The trading hours will be from 9:30 AM to 1:00 PM.  The second phase will take effect on January next year which will introduce the afternoon trading hours which will start from 1:30 PM to 3:30 PM.  All in all, the trading hours starting January next year will be 5 hours and 30 minutes.

I don’t really know what will be the effect of this extended trading hours to investors/traders but just the same, I welcome this change PSE is implementing in their system.

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