Last updated on July 22nd, 2015
(If you want a quick guide for beginners how to start investing in the Philippine stock market, you can download your free ebook here.)
What are the phases of stocks order processing in Philippines Stock Market?
Order matching in Philippines stock market seems to be a very direct process.
To do that, I dig one of my transactions with EDC, one of my favorite companies.
- Order Accepted – This is the phase where your broker checks if you have enough balance to fund your buying transactions. If you’re selling your stocks, obviously there’s no need to check your cash balance and therefore your order readily gets accepted.
- Order Posted – this is the time when your order becomes visible in the Philippine stock exchange. Depending on the price of your order, your order can remain posted throughout the whole trading day without being matched. You can read this to help you adjust your order price it you want it to be matched right away.
- Order Executed – Finally, if there’s a buyer/seller willing to match your order price given enough volume, your order gets done and matched. Note that as long as your order remains unmatched or not executed, you can change it or totally cancel it.
PS. Do you want to invest and earn in US stocks like APPLE, FACEBOOK, AMAZON or GOOGLE? Investing in global stocks means checking stock markets of other countries, which allows you to practically diversify in your portfolio. It's very similar to investing in local stocks, but since we're expanding on geography and other asset classes, we now have more stocks to choose from.
Join us in our FREE Global Investing Walkthrough webinar this Saturday - August 8 (Saturday) @ 6PM!
Click here - Walkthrough on Global Investing to join. It's FREE sign-up.
Do you want to receive STOCK PICKS and other lessons on money management & business ideas?Check out Truly Rich Club and receive 14 incredible gifts for FREE, including the opportunity to earn passive income every month!
Click here to learn more.
Did you like this article?If you are stilll a new investor, you would not want to miss watching this stocks investing practical guide for newbies. Make sure to Subscribe to my YouTube channel for more.
Get your quick guide for beginners how to start investing in the Philippine stock market and more practical trading tips and tricks. Simply sign-up below (it's FREE!)