PSE readies launch of GPDR
The Philippine Star|September 28, 2024
The Philippine Stock Exchange Inc.(PSE) will soon enable local investors to establish a globally diversified portfolio through Global Philippine Depositary Receipts (GPDR).
RICHMOND MERCURIO

The PSE is currently gearing up for the launch of GPDR, which are peso-denominated instruments where the holder has an economic interest in an underlying security listed on an overseas exchange.

The PSE has released draft rules for the GPDR and are seeking comments from the investing public and market participants.

Once finalized, the PSE will issue the rules to govern the listing, trading, clearing and settlement of GPDR.

"The exchange intends to launch GPDR. The listing and trading of GPDR are intended to provide local investors investment opportunities outside the Philippine market and allow them to build a globally diversified portfolio through GPDR," the PSE said.

هذه القصة مأخوذة من طبعة September 28, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 28, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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