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                    [ArticleID] => 218213
                    [Title] => PSE to install new clearing system by yearend
                    [Summary] => The Philippine Stock Exchange (PSE) is expected to install a new clearing and settlement system by the end of the year.


The new system is seen to help reduce the settlement period from the current three days after trade standard.   The acquisition of the system has already been approved by the PSE board.


A team from the PSE visited Bangalore and Mumbay in India for its final due diligence on the vendor systems and facilities last July 21.  The PSE said the purchase might be carried out this month and expects the system to be operational by yearend.


                    [DatePublished] => 2003-08-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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BANGALORE AND MUMBAY

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                    [ArticleID] => 218213
                    [Title] => PSE to install new clearing system by yearend
                    [Summary] => The Philippine Stock Exchange (PSE) is expected to install a new clearing and settlement system by the end of the year.


The new system is seen to help reduce the settlement period from the current three days after trade standard.   The acquisition of the system has already been approved by the PSE board.


A team from the PSE visited Bangalore and Mumbay in India for its final due diligence on the vendor systems and facilities last July 21.  The PSE said the purchase might be carried out this month and expects the system to be operational by yearend.


                    [DatePublished] => 2003-08-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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PSE to install new clearing system by yearend

By Zinnia B. Dela Peña | August 23, 2003 - 12:00am

The Philippine Stock Exchange (PSE) is expected to install a new clearing and settlement system by the end of the year. The new system is seen to help reduce the settlement period from the current three days after...

Business