ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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May 15, 1963
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May 15, 1936
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May 05, 1963
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May 05, 1936
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Detailed explanation-1: -In 1963, the second stock exchange, the Makati Stock Exchange, was organized by some businessmen. It started to operate in November 1965 in Makati, then an emerging financial center (PSE 2012; World Bank 1992).
Detailed explanation-2: -1963. The Makati Stock Exchange, Inc. (MkSE) was organized by Hermenegildo B. Reyes, Bernard Gaberman, Eduardo Ortigas, Aristeo Lat and Miguel Campos on May 27.
Detailed explanation-3: -The Philippine Stock Exchange, Inc. The Philippine Stock Exchange, Inc. (PSE) was incorporated on July 14, 1992 as a non-stock corporation with the primary objective of providing and maintaining a convenient and suitable market for the exchange, purchase and sale of all types of securities and other instruments.
Detailed explanation-4: -The Philippines has one of the oldest stock markets in Asia tracing its roots since 1927 with the establishment of the Manila Stock Exchange.