1.

Research on the Philippine Stock Exchange, its functions and its roles in the Philippine financial
market. Enumerate criteria how companies can list in the PSE and the disclosure requirements
for listed companies.

The Philippine Stock Exchange, also known as the PSE, is the national stock exchange
in the Philippines. Its primary role is to bring together companies which aim to raise capital
through the issue of new securities. Through the listing of their share in the stock exchange,
companies can have easier access to funds. Raising new capital through an additional public
offering is easier and less expensive when the company is already listed in the PSE.
Furthermore, the PSE facilitates the selling and buying of the issued stocks and warrants. It
provides a suitable market for the trading of securities to individuals and organizations seeking to
invest their saving or excess funds through the purchase of securities. Apart from these functions,
the PSE has committed itself to protecting the interest of the investing public and developing an
efficient, fair, orderly and transparent market. It is efficient in a way that it orders are executed
and transactions are settled in the fastest possible way. Some reforms have been instituted or are
being carried out by the PSE to make the market more efficient, such as installation of fully
automated trading system and installation of computer trading terminals in cities outside Metro
Manila to encourage the entry of provincial investors; and creation of a central cleaning and
depository system to mobilized stock certificates and allow.