PSE tweaks board lot structure to attract more retail investors

The Philippine Stock Exchange Inc. (PSE) is seeking to revise the board lot structure and remove rules on odd lot market in an effort to make stock market investing more affordable and accessible to retail investors.

- By RICHMOND MERCURIO

The PSE has released its proposed amendments to the PSE board lot and rule on trading during runoff/trading-at-last, wherein the investing publicand market participants are given until the end of the year tosubmit their comments.

In line with the new trading engine which is scheduled to be rolled out in 2026, the PSE said that it would implement a new one lot one share structure which will standardize the minimum lot size for all securities to just one share, regardless of market price.

"The proposed board lot will allow investors to trade a single share of a security and effectively reduce the minimum investment for any security to its market price," the PSE said.