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Philippines bourse aims to boost market access for smaller investors


The Philippine Stock Exchange (PSE) is planning to lower the minimum units required to trade a company's share, aiming to expand access for smaller investors and increase market liquidity. According to a memorandum dated October 9, the PSE's proposal aims to “democratise stock trading” by allowing a minimum investment of PHP100 (USD1.80). This initiative aligns with the PSE’s efforts to enhance liquidity, which includes the introduction of short selling and mobile app-based stock trading. CEO Ramon S. Monzon announced a forthcoming nationwide launch of stock trading via the popular fintech app GCash. Given GCash's 76 million users last year, this move is expected to attract more traders.

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