PSE subsidiary gets license to act as securities depository

Posted at Feb 13 2013 08:49 AM | Updated as of Feb 13 2013 04:49 PM

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The Philippine Stock Exchange has gotten a license to start processing stock transfers, allowing it to collect yet another fee on trades.

But the Philippine Dealing System, which before today's developments exclusively handled stock transfers, has something to say about it. Warren de Guzman reports. ANC Business Nightly, February 12, 2013