Site icon StockBytes PH Knowledge bits for the Philippine Market

COVID-19 Pandemic has reached PSE

COVID-19 Pandemic has reached PSE 2

In a circulating message sent to Brokers/Trading Participants this morning, Philippine Stock Exchange (PSE) has confirmed that one of their employees has tested positive for COVID-19 according to the results they received yesterday.

The Philippine Stock Exchange, Inc. (PSE) will close its headquarters, including its trading floor, in Bonifacio Global City for 24 hours to decontaminate its offices after an employee tested positive for COVID-19.

Stock market trading will not be affected by the closure of the trading floor as trading participants are equipped to conduct offsite trading. Business functions of the Exchange will also not be hampered by the closure as its employees have an alternative work arrangement.

In the message:

Dear Trading Participants,

For your information, a PSE employee was tested positive for COVID-19. The test was conducted last Monday, June 22 and the results only came in yesterday, June 23. The said employee only reported to the office on June 15 and since then, worked from home.

The PSE management would like to assure the TPs that all the necessary precautionary measures are being undertaken including the daily sanitation and disinfection of PSE offices and the trading floor. While the trading floor remains open, traders may decide to access the trading system offsite.

PSE has been implementing strict guidelines within the building to deflect the virus. The PSE has released an official memo https://www.pse.com.ph/resource/memos/2020/CN_2020-0055.pdf.

-Stockbytes PH, June 24, 2020

Related: MerryMart VS Savemore ; Emerging Markets VS Coronaconomy ; The Coronaconomy Battle ; Coronaconony Winners

*The owner of StockBytes PH is a licensed stock broker, contact us if you want to open an account.


Ready to start your financial journey? email us at stockbytesph@gmail.com or follow us on Facebook and Twitter.

Exit mobile version