Philippine Exchange Aims to Reopen Thursday, Says CEO

The transcript discusses the closure of the Philippine Stock Exchange due to a government-mandated quarantine. Efforts are underway to reopen the market, with challenges related to broker operations and travel restrictions. The decision to reopen lies with the Interagency Task Force. The market is prepared to operate with a skeletal workforce, but broker logistics remain a concern. The exchange assures investors of its business continuity plans and seeks to mitigate any reputational damage.

What was the government's decision regarding the capital markets during the enhanced quarantine?

• They were included in the exemptions.

• They were not included in the exemptions.

• They were partially included in the exemptions.

• They were given full operational freedom.

What is the main concern for the Philippine Stock Exchange in reopening?

• Insufficient market demand.

• Inability to operate the trading floor.

• Lack of a business continuity plan.

• Ensuring brokers can operate.

What is a potential consequence of the market shutdown mentioned in the transcript?

• Improved broker operations.

• Higher market demand.

• Reputational damage and selling pressure.

• Increased market transparency.

Who is responsible for deciding if the market can reopen?

• The President.

• The Interagency Task Force.

• The International Investment Community.

• The Stock Exchange Board.

What logistical issue is highlighted as a challenge for reopening?

• Inadequate broker support.

• Insufficient market demand.

• Travel restrictions for employees.

• Lack of electronic trading systems.

What assurance is given to the international investment community?

• The market will open only next month.

• The PSC can operate under current circumstances.

• The PSC has no plans in place.

• The market will remain closed indefinitely.

What is the expected timeline for reopening the market?

• Next week.

• By Thursday.

• Immediately.

• Next month.