Trading Rules

Question 1

a pre-arranged transaction which is executed through the facilities of the Exchange and compliant with the requirements of the implementing guidelines of these rules as approved by the Commission

Answer 1

Block Sale

Question 2

the standardized number of shares set by the Exchange based on a given price range for a Security

Answer 2

Board Lot

Question 3

means a deal where the same broker has a buying and selling order from his two different clients at the same price and the same issue

Answer 3

cross transaction

Question 4

shall mean the lower and upper price limits of securities for a given trading day

Answer 4

static threshold

Question 5

shall mean the latter phase of the Market Pre-Open / Pre-Close where Order modification or cancellation is not allowed

Answer 5

intervention-before-opening/closing

Question 6

shall mean the allowed price step based on a given price range for a security

Answer 6

price fluctuation

Question 7

shall mean the period after the pre-close where orders are accepted and executed only at the closing price

Answer 7

run-off period / trading-at-last period

Question 8

shall mean a temporary stoppage in the trading of a security not lasting longer than one (1) Trading day

Answer 8

trading halt

Question 9

shall mean the allowance price range for any security as may be determined by the exchange from time to time

Answer 9

trading threshold

Question 10

an order that can be executed either at the entered limit price or better

Answer 10

limit order

Question 11

an order entered without a specified price and can be executed either at the BBO or the LTP, whichever is better

Answer 11

market order

Question 12

what are some conditions for a regular block sale?

Answer 12

value should be no less than Php 20 m

price of security should not be more than 5% above or below the last adjusted closing price

Question 13

When was the Philippine Stock Exchange formed?

Answer 13

December 23, 1992

Question 14

How was the Philippine Stock Exchange formed?

Answer 14

Formed from Manila Stock Exchange and Makati Stock Exchange.

Question 15

Including previous forms, the exchange has been in operation ever since

Answer 15

1927

Question 16

The SEC granted the PSE a self-regulatory status to be able to implement its own rules and regulations at what date

Answer 16

June 1998

Question 17

at what year was PSE turned from a nonprofit NGO to a shareholder-based revenue earning corporation

Answer 17

2001

Question 18

When did PSE list its shares?

Answer 18

2003

Question 19

The Philippine Stock Exchange Composite Index was formerly known as

Answer 19

Phisix

Question 20

The index is reviewed ____ a year. At these particular months

Answer 20

twice; february and august

Question 21

Difference of PSEi and PSEi Total Return Index

Answer 21

PSEi total return index includes dividends

Question 22

The PSEi has ______ constituent indices

Answer 22

8 - Chimpsaf