Search Pinoy Tech Buzz

Friday, August 21, 2009

PSE, Thomson Reuters ink accord on Makati eBoard


The Philippine Stock Exchange and Thomson Reuters signed a memorandum of agreement to redo the Makati eBoard located at the Insular Life building at the corner Ayala Avenue and Paseo de Roxas.

Under the agreement, Thomson Reuters will have the exclusive right to publish real-time market prices, news and summaries on the electronic display board in Makati City.

“The PSE continues to seek effective ways to raise its investor base to a significant share of the population. We partnered with Thomson Reuters for a more dynamic form of communicating with the investing community to deliver a stronger, more visual message that the stock market is a viable alternative especially during these difficult times,” Francis Lim, PSE president said.

He added that “information and technology play crucial roles in investment decisions and we are improving on both these respect to help the market and its industry players make more prudent and accurate calls.”

News feeds of Thomson Reuters will be seen at the electronic screen from 6 in the morning until 12 am starting on August 19, 2009.

Thomson Reuters Philippines managing director Rainer Fuchsluger said “the financial landscape is constantly transforming. That’s why market professionals need reliable insight to feel confident in their trading and investment decision making.”

He added that Thompson Reuters and the PSE are mutually exploring future investor relations and education programs that will strengthen the local stock market going forward.

No comments:

Post a Comment