Philippine PSE Proposes Updated Market-Making Rules

The Philippine Stock Exchange (PSE) has unveiled a draft of new standards aimed at strengthening market-making activities. The proposed regulations are designed to enhance liquidity and improve trading efficiency by setting clearer guidelines for designated market makers. The draft outlines requirements for quoting obligations, minimum order sizes, and performance metrics to ensure consistent market participation. Stakeholders have been invited to submit feedback before the rules are finalized, with the exchange aiming to implement them in the coming months. This move is part of broader efforts to align local practices with international best practices and attract more institutional investors.