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Asia/Philippines/Metro Manila/Makati City/Makati Stock Exchange/Philippine Central Depository, Inc./
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Philippine Central Depository, Inc.
- Address: Ground Floor Makati Stock Exchange, Ayala Avenue, Makati City, Philippines
- Phone: 63 2 893 5636
- Website:
- Map: [1]
- Job Listing
- Overview
The Philippine Central Depository, Inc. (PCD), a private company owned by major capital market players in the Philippines, was organized in 1995 to implement technology-driven reforms in the clearing and settlement of securities transactions in the Philippines in compliance with the international standards, such as the Group of Thirty Recommendations. As a depository, PCD uses a computerized book-entry system to record the ownership of securities paving the way for scripless trading of securities. PCD obtained its license to operate as a clearing entity in December 1996 and started live operations in January 1997, starting with stocks listed at the Philippine Stock Exchange. PCD will also provide clearing and settlement services for debt securities. PCD currently provides depository and nominee services for all stocks listed at the Phil. Stock Exchange; clearing and settlement facilities for PSE trades; clearing infrastructure for domestic dollar transfers among commercial banks;
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