Announcements


Return to Regular PHPBVAL Publication Timeline

ATTENTION:  FI Trading Participants

In line with the return to regular trading hours for the Fixed Income Market, please be advised that effective 01 December 2020, the PHP BVAL Publications for Benchmark Tenors & Government Securities will like revert to the regular publication timeline as follows: 

  From (Shortened Time)  To (Regular Time)
Bloomberg Terminal (PDEx <GO>)   2:30PM  4:30PM
 MarketPage  2:45PM  4:45PM
 PDS Website  3:00PM  5:00PM

 

Please note as well the pricing sources to be used for the following PHPBVAL data sets: 

• PHPBVAL for Benchmark Tenors – BVT5 ( 5PM Tokyo Time)
• PHPBVAL for Government Securities – BVT5 ( 5PM Tokyo Time)

PDS Group Regular Trading and Settlement Hours Resumes on 01 December 2020

Pursuant to the attached PhilPaSS Advisory No. BPU-2020-109 and BAP Notice on FX and FI Trading Operations under the Revised Trading, Clearing and Settlement Hours Effective December 1, 2020, please be advised that, PDS Group Fixed Income Trading and Settlement Services shall resume its regular trading and settlement hours starting 01 December 2020. However, in coordination with the Securities Clearing Corporation of the Philippines (SCCP), our Equity Depository services shall retain its shortened settlement hours at 4:30PM until further advised.  

PDS Group Services Effective 01 December 2020
Trading Services  
FI Market Trading Pre-Open Session:   08:30 AM – 08:59 AM
AM Session:            09:00 AM – 12:00 NN
Trading Break:         12:01 PM – 01:59 PM
PM Session:            02:00 PM – 04:00 PM
Market Close:          04:00 PM
Settlement Services  
FI Delivery versus Payment System 09:00 AM – 4:00 PM
Registry Services 09:00 AM – 4:00 PM
Transfer Services  
Renminbi Transfer System 09:00 AM – 2:45 PM
Depository Services  
FI Depository 09:00 AM – 5:00 PM
Equity Depository 09:00 AM – 4:30 PM (in coordination with SCCP)

For Trading:

  • No trade cancellations after 4:00PM
  • Execution of value today (T+0) trades is until 12:00PM only.
  • Publication of Fixed Income data shall revert to its original publication time

For Settlement:

  • Please authorize all transactions within the settlement timelines

For your guidance and information.

Resumption of PDS Operations on 13 November 2020

Further to the PSE Circular 2020-0097 dated 13 November 2020, the BAP Memorandum to all Member Banks dated 13 November 2020, and the BSP PhilPaSS Advisory BPU-2020-105A regarding PhilPaSS Operations dated 13 November 2020, please be advised that all PDS Group services shall resume full operations today, Friday, 13 November 2020.

PDS Group Services 13 November 2020
Trading Services
Fixed Income (FI) Market Trading OPEN
Settlement Services  
FI Delivery versus Payment System OPEN
Transfer Services
Renminbi Transfer System OPEN
Registry Services OPEN
Depository Services  
FI Depository OPEN
Equity Depository OPEN 

 

This advisory supersedes the earlier advisories.

For your information and guidance.