ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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August 21, 1927
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August 12, 1927
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December 23, 1992
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December 25, 1992
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Detailed explanation-1: -PSE traces its roots from the country’s two former bourses: the Manila Stock Exchange ("MSE") and the Makati Stock Exchange ("MkSE"). Founded in March 1927, the MSE was the first stock exchange in the Philippines and one of the oldest in Asia. Originally housed in downtown Manila, the MSE moved to Pasig City in 1992.
Detailed explanation-2: -The Philippine Stock Exchange was formed from the country’s two former stock exchanges, the Manila Stock Exchange (MSE), established on August 8, 1927, and the Makati Stock Exchange (MkSE), which was established on May 27, 1963.
Detailed explanation-3: -It was formed after the unification of the Manila Stock Exchange (formed in 1927) and the Makati Stock Exchange (formed in 1963) on 23 December 1992. The PSE recognizes both primary and secondary listing.
Detailed explanation-4: -In 1792, NYSE acquires its first traded securities. In 1817, the constitution of the New York Stock and Exchange Board is adopted. It had also been established by the New York brokers as a formal organization. In 1863, the name changed to the New York Stock Exchange.