Latest news with #RamonMonzon
GMA Network
08-06-2025
- Business
- GMA Network
PSE accounts up 50%, hit 2.86 million in 2024
There were 2.86 million stock market accounts in the PSE in 2024, up 50.1% from the 1.91 million accounts in the previous year. Stock market accounts in the Philippine bourse surpassed the two-million mark in 2024, with millennials and Gen Z making up the majority group of investors as those from Generation X and the Baby Boomer generation declined, data released by the Philippine Stock Exchange (PSE) revealed. There were 2.86 million stock market accounts in the PSE in 2024, reflecting a 50.1% increase from the 1.91 million accounts in the previous year. The PSA attributed this to the 62.0% increase in online accounts to 2.47 million from 1.53 million. 'This 50% jump in number of accounts is the highest we have recorded since we started tracking the investor count and profile in 2008,' PSE president and chief executive officer Ramon Monzon said in an emailed statement. 'This substantial growth was made possible by the enabling of digital platforms to connect to PSE's trading engine, thereby facilitating the trading by investors in the market. PSE is committed to being true to its advocacy of promoting financial inclusion,' he added. Retail investors accounted for 98.9% of total accounts, while institutional investors made up the remaining 1.1%. Local investors owned 99.0% of accounts, while the rest were owned by foreign investors. Broken down, the biggest age group of retail investors was held by millennials or those aged 30 to 44 with 48.8% of total accounts, up from 45.6% the past year. They also accounted for 51.6% of online accounts, up from 49.0% in 2023. Investors aged 18 to 29, falling under Gen Z, held 26.5% of total accounts, up 19.5% year on year. They also held 28.4% of online accounts, up from 21.5% previously. Millennials and Gen Z accounted for a total of 75.3% of total retail accounts, and 80% of online accounts. The two remaining age groups posted declines—the 45 to 59 age group or Generation X posted a decline to 17.4% of total accounts from 20.2% previously, and 16.3% of online accounts from 18.6%; while those aged 60 and above accounted for 7.3% of total accounts from 14.8%, and to 3.7% from 10.9% of online accounts. Local investors accounted for 99.4% of the total, with those in Metro Manila posting a decline to account for 49.3% of total investors from 68.2% the past year, while other areas in the country posted increases. Balance Luzon accounted for 28.4%, Visayas with 10.8%, and Mindanao with 10.9%. The remaining 0.6% of the total accounts were held by foreign nationalities, with the most number of accounts being Japanese with 19.9%, Chinese with 19.8%, and Americans with 13.0%. Female investors made up 50.7% of total accounts and 50.8% of online accounts, while the male investors shared 49.3% of total accounts and 49.2% of online accounts. The biggest chunk or 82.4% of total retail accounts were made of investors making less than P500,000 yearly. They were followed by investors earning above P1 million with 10.9%, and those earning between P500,000 and P1 million with 6.7%. 'We continue to see the impact of partnerships between PSE-accredited trading participants and digital platforms as we see a younger and more geographically diverse investor base,' Monzon said. — BM, GMA Integrated News
GMA Network
26-05-2025
- Business
- GMA Network
PSE, Nasdaq renew partnership with Eqlipse Trading
The Philippine Stock Exchange Inc. (PSE) on Monday announced the upgrade of its trading infrastructure to Nasdaq's most advanced platform Nasdaq Eqlipse Trading, as part of the expansion of the technology partnership between the two parties. With Nasdaq Eqlipse Trading, the PSE will be able to incorporate complementary functionality including pre-trade risk, advanced options pricing, and index calculations. It will also have a flexible deployment model to reduce operational heavy lifting, and provide optionality around cloud adoption. 'With technology as a key area in our strategic agenda, it is important for PSE to work with a trusted service provider of market technologies. Given this, PSE opted to renew its partnership with Nasdaq to ensure continuity in offering a dependable trading system that meets all our current and future requirements,' PSE president and chief executive officer Ramon Monzon said in a statement. The platform is the fourth generation of Nasdaq's multi-asset marketplace technology platforms, which are used by 97% of systemically important banks across the globe, half of the world's top 25 stock exchanges, 35 central banks and regulatory authorities, and over 3,800 clients across financial services. 'Our technology partnership with PSE will help strengthen its market infrastructure, and we're excited to support their efforts to elevate Philippine capital markets on the global stage,' Nasdaq Marketplace Technology head Magnus Haglind said. 'Our growing presence in the Philippines complements the country's extraordinary development as one of the fastest growing economies in the ASEAN region,' NASDAQ Asia Pacific senior vice president R.G. Manalac said. —AOL, GMA Integrated News
Finextra
22-05-2025
- Business
- Finextra
Philippine Stock Exchange adopts Nasdaq Eqlipse Trading
Nasdaq (Nasdaq: NDAQ) and The Philippine Stock Exchange, Inc. (PSE) (PSE:PM) today announced a significant expansion of their technology partnership, which will see PSE upgrade its trading infrastructure to Nasdaq's most advanced platform, Nasdaq Eqlipse Trading. 0 Nasdaq Eqlipse represents Nasdaq's investments to modernize, standardize, and strengthen its platform capabilities, application architecture, APIs and product integration. The modular trading platform allows market operators to incorporate complementary functionality, including pre-trade risk, advanced options pricing, and index calculations, with a flexible deployment model to help reduce operational heavy lifting and provide optionality around cloud adoption. 'With technology as a key area in our strategic agenda, it is important for PSE to work with a trusted service provider of market technologies. Given this, PSE opted to renew its partnership with Nasdaq to ensure continuity in offering a dependable trading system that meets all our current and future requirements,' said PSE President and CEO Ramon S. Monzon. The recently launched Nasdaq Eqlipse platform is the fourth generation of its suite of multi-asset marketplace technology platforms, marking a major milestone in the company's five-year cycle of investment to develop and gradually roll out a fully interoperable suite of proven solutions across trading, clearing, central securities depository, and data intelligence. The harmonized portfolio enhances Nasdaq's ability to form deeper strategic technology partnerships with its clients, including more than 135 infrastructure providers around the world. "The launch of Nasdaq Eqlipse following years of investment and development to reinforce our ability to enhance liquidity, transparency and integrity across global capital markets," said Magnus Haglind, Head of Marketplace Technology at Nasdaq. "Our technology partnership with PSE will help strengthen its market infrastructure, and we're excited to support their efforts to elevate Philippine capital markets on the global stage." Modernizing the Philippine financial services ecosystem Nasdaq holds deep technology partnerships across the Philippines, helping to drive modernization throughout the country's financial services industry. In addition to providing market infrastructure, Nasdaq's AxiomSL data and regulatory reporting platform helps both domestic and global institutions comply with their regulatory obligations, while its Nasdaq Calypso platform helps clients simplify their capital market operations. R.G. Manalac, Senior Vice President, Asia Pacific at Nasdaq added: 'Our growing presence in the Philippines complements the country's extraordinary development as one of the fastest growing economies in the ASEAN region. With growth of course comes challenges and we are excited to be working with leading domestic and global banks in the Philippines as they continue to innovate and scale in this digital and increasingly AI driven age. Our solutions spanning across capital markets, regulation, and risk management continue to prove critical as these firms look to expand their businesses in a scalable and efficient manner.' Around the world, Nasdaq's technology is used by 97% of global systematically important banks, half of the world's top 25 stock exchanges, 35 central banks and regulatory authorities, and 3,800+ clients across the financial services industry. As a scaled platform partner, Nasdaq draws on deep industry experience, technology expertise, and cloud managed service experience to help financial services companies solve their toughest operational challenges while advancing industrywide modernization.
Yahoo
22-05-2025
- Business
- Yahoo
Philippine Stock Exchange Adopts Nasdaq Eqlipse Trading to Enhance Market Infrastructure
Nasdaq and The Philippine Stock Exchange Signing Ceremony Upgrade to Nasdaq Eqlipse Trading will enhance liquidity and resilience of Philippine marketplace Expands Nasdaq's deep technology footprint across the country's financial services industry MANILA and NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) and The Philippine Stock Exchange, Inc. (PSE) today announced a significant expansion of their technology partnership, which will see PSE upgrade its trading infrastructure to Nasdaq's most advanced platform, Nasdaq Eqlipse Trading. Nasdaq Eqlipse represents Nasdaq's investments to modernize, standardize, and strengthen its platform capabilities, application architecture, APIs, and product integration. The modular trading platform allows market operators to incorporate complementary functionality, including pre-trade risk, advanced options pricing, and index calculations, with a flexible deployment model to help reduce operational heavy lifting and provide optionality around cloud adoption. 'With technology as a key area in our strategic agenda, it is important for PSE to work with a trusted service provider of market technologies. Given this, PSE opted to renew its partnership with Nasdaq to ensure continuity in offering a dependable trading system that meets all our current and future requirements,' said PSE President and CEO Ramon S. Monzon. The recently launched Nasdaq Eqlipse platform is the fourth generation of its suite of multi-asset marketplace technology platforms, marking a major milestone in the company's five-year cycle of investment to develop and gradually roll out a fully interoperable suite of proven solutions across trading, clearing, central securities depository, and data intelligence. The harmonized portfolio enhances Nasdaq's ability to form deeper strategic technology partnerships with its clients, including more than 135 infrastructure providers around the world. "The launch of Nasdaq Eqlipse following years of investment and development to reinforce our ability to enhance liquidity, transparency and integrity across global capital markets," said Magnus Haglind, Head of Marketplace Technology at Nasdaq. "Our technology partnership with PSE will help strengthen its market infrastructure, and we're excited to support their efforts to elevate Philippine capital markets on the global stage." Modernizing the Philippine financial services ecosystem Nasdaq holds deep technology partnerships across the Philippines, helping to drive modernization throughout the country's financial services industry. In addition to providing market infrastructure, Nasdaq's AxiomSL data and regulatory reporting platform helps both domestic and global institutions comply with their regulatory obligations, while its Nasdaq Calypso platform helps clients simplify their capital market operations. R.G. Manalac, Senior Vice President, Asia Pacific at Nasdaq added: 'Our growing presence in the Philippines complements the country's extraordinary development as one of the fastest growing economies in the ASEAN region. With growth of course comes challenges and we are excited to be working with leading domestic and global banks in the Philippines as they continue to innovate and scale in this digital and increasingly AI driven age. Our solutions spanning across capital markets, regulation, and risk management continue to prove critical as these firms look to expand their businesses in a scalable and efficient manner.' Around the world, Nasdaq's technology is used by 97% of global systematically important banks, half of the world's top 25 stock exchanges, 35 central banks and regulatory authorities, and 3,800+ clients across the financial services industry. As a scaled platform partner, Nasdaq draws on deep industry experience, technology expertise, and cloud managed service experience to help financial services companies solve their toughest operational challenges while advancing industrywide modernization. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at About PSE: The Philippine Stock Exchange, Inc. (PSE) and its subsidiaries operate the equities exchange, fixed income exchange, and the central securities depository. It provides a platform for capital-raising and investing, steering company expansion and economic development and supporting inclusive growth through wealth creation among investors. Media Contacts: Andrew Hughes; +44 (0)7443 100896; Camille Stafford; +1 (234) 934 9513; Vinzons; +63 (2) 8876 4888; mhvinzons@ -NDAQG- Cautionary Note Regarding Forward-Looking Statements: Information set forth in this press release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as 'will' and 'allows' and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to the benefits of Nasdaq's Eclipse platform and its partnership with PSE. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These risks and uncertainties are detailed in Nasdaq's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq's investor relations website at and the SEC's website at Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. A photos accompanying this announcement is available athttps:// in to access your portfolio
