^
+ Follow SCCP Tag
SCCP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 2256337
                    [Title] => SCCP transitions into improved trading infrastructure
                    [Summary] => The Securities Clearing Corp. of the Philippines, a wholly-owned subsidiary of the Philippine Stock Exchange, has successfully transitioned its clearing and settlement system into a more improved trading infrastructure.
                    [DatePublished] => 2023-04-03 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 908457
                    [Title] => PSE unit gets securities depository license
                    [Summary] => 

A subsidiary of the Philippine Stock Exchange (PSE) can now operate as a holder of securities.

[DatePublished] => 2013-02-14 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 836038 [Title] => Stock exchange suspends operation due to heavy rain [Summary] =>

Trading at the Philippine Stock Exchange (PSE) will be suspended today due to flooding in Metro Manila triggered by days of heavy rains, PSE announced on its website.

[DatePublished] => 2012-08-07 22:00:43 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [3] => Array ( [ArticleID] => 426988 [Title] => Philippine Stock Exchange head reacts [Summary] =>

In the interest of fair play, we are devoting this column to Philippine Stock Exchange president Francis Lim’s reaction to a recently published article on the speculations surrounding the suspension of the trading of Meralco shares at the local bourse.

[DatePublished] => 2008-12-28 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 256289 [Title] => SCCP urges changes in PSE’s clearing system [Summary] => The Securities Clearing Corp. of the Philippines (SCCP) has proposed changes in its existing rules to facilitate the prompt and efficient implementation of the new clearing and settlement system acquired by the local bourse.

Under the proposed changes, in the event of a security delivery fails, the defaulting clearing member or broker firm will be required to settle securities obligation in the form of cash.

Presently, a broker firm which can not meet its obligations to clients can just tap the securities borrowing and lending facility.
[DatePublished] => 2004-07-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 218213 [Title] => PSE to install new clearing system by yearend [Summary] => The Philippine Stock Exchange (PSE) is expected to install a new clearing and settlement system by the end of the year.

The new system is seen to help reduce the settlement period from the current three days after trade standard. The acquisition of the system has already been approved by the PSE board.

A team from the PSE visited Bangalore and Mumbay in India for its final due diligence on the vendor systems and facilities last July 21. The PSE said the purchase might be carried out this month and expects the system to be operational by yearend.
[DatePublished] => 2003-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 204299 [Title] => PSE mulls 3 options in listing of own shares [Summary] => The Philippine Stock Exchange (PSE) is looking at a three options in the much-delayed listing of its own shares at the bourse, as officials expressed confidence they would be ready to do so by August 2003 at the earliest.
[DatePublished] => 2003-04-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 177826 [Title] => PSE okays share swap deal with partner banks [Summary] => The Philippine Stock Exchange (PSE) has approved a share swap arrangement with three of its partner banks in the Securities Clearing Corp. of the Philippines (SCCP) to gain full control of the latter’s operations and result in lower costs and greater efficiency for brokers.
[DatePublished] => 2002-09-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 177699 [Title] => SEC to PSE: Justify plan to acquire full ownership of SCCP [Summary] => The Securities and Exchange Commission has asked the Philippine Stock Exchange to justify its plan to acquire full ownership of the Securities Clearing Corp. of the Philippines as this is contrary to an earlier directive of the commission requiring the Exchange to divest its shareholdings in the SCCP.

SEC Chairperson Lilia R. Bautista said the PSE must secure the approval of the commission of its plan to increase its stake in SCCP. "They have to justify that there is no point in our basis for them to divest their shareholdings in SCCP," she said.
[DatePublished] => 2002-09-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 148058 [Title] => SEC orders SCCP to build up guarantee fund [Summary] => The Securities and Exchange Commission (SEC) has directed the Securities Clearing Corp. of the Philippines (SCCP) to come up with a scheme to build up a clearing and trade guarantee fund (CTGF).
[DatePublished] => 2002-01-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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