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.

 

PDS Operations on 13 November 2020

In line with the National Government’s suspension of government work and classes in Metro Manila and other regions on Friday 13 November 2020, the PSE Circular 2020-0097 dated 12 November 2020, the BAP Memorandum to all Member Banks dated 13 November 2020, the BSP PhilPaSS Advisory BPU-2020-105 regarding PhilPaSS Operations dated 13 November 2020 and Section 3.b of BSP Circular 1043 as amended by Memorandum M-2020-013 on the Standard Operating Procedures for Philippine Holidays for trading, clearing and settlement, please be advised that except for Registry and Depository operations, all other PDS Group operations shall remain suspended on Friday, 13 November 2020, summarized as follows:

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

Standard procedures for unscheduled holiday and force majeure situations shall be observed and implemented upon the full resumption of normal operations.

All suspended PDS Group services above are expected to fully resume normal operations on Monday, 16 November 2020.

For your information and guidance.

PhilPaSS-Advisory-BPU-2020-105-PhilPaSS-Operations-13-November-2020

PDS Group Operations for 12 November 2020

In line with Memorandum Circular No. 82 of Malacañang Palace regarding suspension of government work and classes in Metro Manila and other regions on 12 November 2020 due to the impact of Typhoon Ulysses and the corresponding BSP Philippine Payment and Settlement System (PhilPaSS) Advisory BPU-2020-104 declaring the closure of settlement operations for the same date, following is the schedule of operations for the PDS Group on Thursday, 12 November 2020:

PDS Group Services 12 November 2020
Trading Services
Fixed Income (FI) Market Trading CLOSED
Settlement Services  
FI Delivery versus Payment System CLOSED
FI Registry Services CLOSED
Transfer Services  
Renminbi Transfer System CLOSED
Depository Services  
FI Depository CLOSED
Equity Depository CLOSED

Standard procedures for unscheduled holiday and force majeure situations shall be observed and implemented upon the resumption of normal operations.

All services above are expected to resume normal operations on Friday, 13 November 2020.

For your information and guidance.

Memorandum-Circular-No.-82

PhilPaSS-Advisory-BPU-2020-104-MGP-PhilPaSS-Operations-12-November-2020

 

PDS Operations During Modified Enhanced Community Quarantine

Further to the government’s grant of the plea of health workers to place Metro Manila, among others, under Modified Enhanced Community Quarantine (MECQ) from 4 August 2020 (Tuesday) until 18 August 2020, we would like to inform our participants that the PDS Group shall continue to observe its shortened operating hours during the MECQ period.

For your guidance on PDS shortened operating hours, please refer to our 16 March 2020 Memo to Market Community Participants No. 02-2020.

Guidelines on the Submission of Documents for Equity Depository, Fixed Income Depository, Secondary Market Trading (“Guidelines”)
As announced in our 01 June 2020 Memo, the Guidelines on the Submission of Documents for Equity Depository Participants, FI Depository Participants, and Equity Transfer Agents shall continue to remain effective until otherwise announced by PDTC. The Guidelines for the Submission of PDTC Registry Documents for Secondary Market for FI Trading Participants and Issuers shall likewise continue to be applicable.

Deadline for the regularization of documents previously submitted by email
In accordance with the extension of effectivity of the Guidelines on submission of documents, the 30-business day period for the regularization of documents previously submitted by email shall remain in force and shall be reckoned from the day that quarantine is finally lifted in Metro Manila.

Effectivity of Trading Participants’ Undertaking
As announced in our 02 June 2020 Memo, the effectivity of the Undertaking provided by Trading Participants shall also be deemed extended for the duration of the applicability of the Guidelines. To ensure continuity of business, please advise us, through an email from your authorized signatory addressed to sherry.hart@pds.com.ph, that the Undertaking you have previously provided under Memo No. 29 – 2020 for the applicability of the Guidelines for your Secondary Market Registry transactions shall be deemed to cover transactions during MECQ. Kindly send the email confirmation before your next transaction or no later than 05 August 2020, 5:00PM.

We have attached copies of the 16 March 2020, 01 June 2020, and 02 June 2020 memo for your reference.

For your guidance and information.

Memo to Market Community Participants No. 02 – 2020 Revised Schedule of PDS Group Operational Hours

Memo for Equity Depository Participants No. 06 – 2020 Effectivity of PDTC Depository Guidelines during GCQ

Memo for Equity Depository Participants No. 07 – 2020 Submission of Undertaking during GCQ

Memo for Equity Transfer Agent No. 03 – 2020 Effectivity of PDTC Depository Guidelines during GCQ

Memo for Equity Transfer Agent No. 04 – 2020 Submission of Undertaking during GCQ

Memo for FI Depository Participants No. 03 – 2020 Effectivity of PDTC Depository Guidelines during GCQ

Memo for FI Depository Participants No. 04 – 2020 Submission of Undertaking during GCQ

Memo to FI Trading Participants No. 42-2020 Guidelines for the Submission of PDTC Registry Documents for Secondary Trading D

Memo to Issuers No. 03 2020 Guidelines for the Submission of PDTC Registry Documents for Secondary Market Trading during ECQ

Declaration of Friday, 31 July 2020, as a Regular Holiday

In accordance with Presidential Proclamation No. 985 (s. 2020), please take note that 31 July 2020, Friday, is declared as a regular holiday in observance of Eid’l Adha (Feast of Sacrifice).

Attached herein is a copy of the Presidential Proclamation No. 985 (s. 2020) for your reference.

As of this announcement, the trading system settings have already been amended to reflect the holiday status tomorrow. Regular trading and settlement operations will resume on Monday, 3 August 2020.

For your guidance and information.

20200729-PROC-985-RRD

Completion of Disinfection and Decontamination in the PDS Offices at BDO Equitable Tower

Please be advised that the disinfection and decontamination activities in the PDS Group Offices at the 29th Floor, BDO Equitable Tower, 8751 Paseo de Roxas that commenced on Sunday, July 19, 2020, has been completed. 

PDS personnel at our Makati offices have resumed acceptance of physical documents as of today, 21 July 2020.

Closure of PDS Offices at BDO Equitable Tower on 20 July 2020 (Monday)

Please be advised that the PDS Group Offices at the 29th Floor, BDO Equitable Tower, 8751 Paseo de Roxas, Makati will be closed on Monday, 20 July 2020 for completion of decontamination that will commence on Sunday, 19 July 2020.

The temporary closure is in response to one employee’s positive test result for COVID-19 and upon disclosure of which immediate arrangements were made for disinfection of the premises.

Despite the one-day office closure, all PDS operations will continue as normal, with all personnel working either from our secondary location or from home.

Should you need any assistance, please reach out to the units below as follows:

1. Accounts & Documents Control Unit (Depository and Registry documents related) at email accounts.docs@pds.com.ph and tel. nos. 8884-4421, 8884-4424, and 8884-4481

2. Clearing and Settlements at email clearing.settlements@pds.com.ph and tel. nos.  8884-5030, 8884-5032 and 8884-5034

3. Corporate Actions at email corporate.actions@pds.com.ph and tel. nos. 8884-4419, and 8884-5039

4. Equities Transaction Services at email securities.processing@pds.com.ph and tel. nos. 8884-4492, and 8884-5033

5. IT Production Support at email it.productionsupport@pds.com.ph and tel. nos. 8884-5086, 8884-5023, and 8884-5035

6. Market Services/Training & Development at emails: marketservices@pds.com.ph and clientservices@pds.com.ph and tel. nos. 8884-5022, 8884-4417, 8884-5063, 0917-8092877, 0915-2994545, and 0917-8340944

7. PDEx FI Market Operations at email market.operations@pds.com.ph and tel. nos. 8884-4418, 8884-5006, and 8884-5036

8. PDEx Regulatory Services at email pdexcompliance@pds.com.ph and tel. nos. 8884-4408, 8884-4415, and 8884-4433

Philippine Dealing & Exchange Corp. (PDEx) Virtual Listing Ceremonies

Further to our Memo For Issuers and Underwriters No. 01-2020 of 16 March 2020, we are pleased to announce that after a successful pilot run of a virtual listing ceremony, all upcoming listings and enrollments in the Philippine Dealing & Exchange Corp. (PDEx) can now have their respective ceremonies conducted on a virtual basis, in compliance with PDEx Rule 7.6.6.

Please expect that virtual ceremonies shall be the standard practice for all listings and enrollments until the public health guidance allows for live gatherings to resume within Metro Manila.

Prospective Issuers and their underwriters may coordinate scheduled dates with Ms. Monica Muca of PDEx Listing at monica.muca@pds.com.ph or at +63.908.877.0956.

For your guidance and information.