PSE short selling nears reality
newscatcher
2023-10-03 20:31
PSE short selling nears reality
Philippine Stock Exchange, Bonifacio Global City. INQUIRER PHOTO/LYN RILLON MANILA  -The Philippine Stock Exchange (PSE) is looking forward to the official launch date for short selling after obtaining the go-signal for critical securities and borrowing lending (SBL). Short selling, which allows investors to profit from a drop in share prices instead of relying on price appreciation, is among the new products the exchange hopes will bolster weak market activity. While a standard feature in most other jurisdictions, the domestic short selling regime has lagged behind given long delays in the approval process for its rules.

https://business.inquirer.net/424665/pse-short-selling-nears-reality

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