The Philippine Stock Exchange (PSE) is seeking to launch a new service for trading participants (TPs) to promote online trading, Mondovisione reports. The Online Service Bureau (OSB) aims to offer online trading services for TPs which can subsequently be offered to investors.
The venture will allow investors to place their orders to brokers online. Investors can also supervise their orders online. The implementation of the OSB will provide cost-efficient services and an opportunity for TPs to offer services without expensive investments in technology.
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