The Philippine Stock Exchange (PSE) is the main stock exchange of the Philippines. It is a securities exchange where stocks, bonds, and other securities are traded. The PSE was established in 1927 and is located in Taguig City, Philippines. It is home to more than 250 listed companies and its main index is the PSEi, which tracks the performance of the top 30 companies listed on the exchange.

The PSE operates under the oversight of the Securities and Exchange Commission (SEC) of the Philippines, which is responsible for ensuring that the stock market operates in a fair and transparent manner. The PSE provides various services to its members, including market data, trading and settlement systems, and investor education.

Investing in the PSE can provide individuals with an opportunity to earn returns through the appreciation of stock prices, as well as dividends from the companies they invest in. However, investing in the stock market also comes with risks, and it’s important to conduct thorough research and consult with a financial advisor before making any investment decisions.

The PSE also plays an important role in the Philippine economy, as it allows companies to raise capital by issuing stocks and bonds, and it provides a platform for investors to participate in the growth of these companies. Overall, the PSE is a vital institution that ensures the smooth functioning of the Philippine stock market and it is an important source of capital for companies in the country.

The Philippine Depository & Trust Corporation (PDTC) is a central securities depository (CSD) in the Philippines. It is the organization responsible for holding and maintaining the electronic records of ownership of securities issued by companies that are listed on the PSE.

The main function of PDTC is to facilitate the process of buying, selling and holding securities in an electronic form, which makes it more efficient and secure. This process is known as dematerialization and it eliminates the need for physical certificates, making it easier to transfer ownership of securities and reducing the risk of fraud.

PDTC also provides various services to its clients such as corporate actions, dividend payments, and interest payments, which are all automatically credited to the account of the shareholders. Additionally, PDTC maintains records of transactions, account balances, and other information related to securities held in the depository.

The PDTC is a crucial element of the Philippine stock market, it ensures that the transactions in the market are secure and efficient, it also guarantees the proper ownership of securities, and it makes sure that the rights of shareholders are protected. It is a vital institution that ensures the smooth functioning of the Philippine stock market.

Each REIT shareholder has an NOCD (name on central depository) subaccount with the PDTC which will be created for you by your stock broker. Moreover, the PDTC regularly emails a statement of account to REIT shareholders detailing the shares held under your name.