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Philippine Central Depository, Inc., Makati City, Philippines
Updated: 03/2011 

DESCRIPTION:
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;


MISSION:
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GENERAL INFO

Year Established: 1995

Sector: n/a

Industry: n/a

Employees: 36

Number of Jobs Listed: 0 (View All Active Jobs of Philippine Central Depository, Inc.)


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FINANCIAL INFO

Revenue: n/a


Ownership: Private

LOCATION

Headquarters: Makati City,PH

Web Site:


 

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