When issuing stock recommendations, brokers and analysts may use the same terminologies but may differ in the meaning of the recommendations.
For example, a “Buy” rating — as opposed to “Strong Buy” — may mean that the stock is “projected to increase in value in a longer-term duration”, while “Strong Buy” may mean that the stock will “appreciate in value in the next 12 months”.
Those interested to trade stocks in the Philippine Stock Exchange (PSE) can choose to employ a live broker or an online stock brokerage firm. Either method has its own advantages and disadvantages and will be the subject of a separate article in the future.
For now, we’ll focus on online stock trading platforms. A list of available online stockbrokers in the Philippines can be found in this link.
Two of the most popular online stock trading platform providers are CitisecOnline (COL) and BPITrade. We have previously explained how to open a Citisec stock trading account. In this article, we will discuss how to open a BPITrade account.
After months of delay, the Philippine Stock Exchange (PSE) is set to launch its New Trading System (NTS) starting July 26, 2010.
The NTS will replace the current Maktrade system used by the PSE since 1993. The new system alongside the extension of trading hours, was to be rolled out originally in June 2009 but was postponed to October 2009 then deferred again due to technical and regulatory issues.
The NTS will use a trading software product developed by NYSE Technologies SAS, a wholly-owned subsidiary of NYSE Euronext which, in turn, operates the largest exchanges around the world including the New York Stock Exchange and Euronext.
Under the PSE’s New Trading System, the following major changes will take effect.
If you’re already done with our Stock Trading Tutorial, you’re probably now ready to take that first step towards investing in the stock market. First, you need to choose your broker. Here’s our list of online stockbrokers in the Philippines.
A popular online trading platform in the country is CitisecOnline. The company is a 99.9% Filipino-owned domestic corporation which started commercial operations in 2001.
