Frequently Asked Questions (FAQs) // PSE Academy (2024)

What are stocks?

Stocks are shares of ownership in a company. When you buy stocks of a publicly listed company, you become part owner of that company. As a part owner, you participate in the company’s growth and future profits. Conversely, you may also lose if the company suffers a loss or performs below market expectations.

What is a stock market?

The stock market is a place where stocks are bought and sold or a place where people can invest in publicly listed companies through the Philippine Stock Exchange, Inc. (PSE).

Why invest in stocks? How do I make my money grow in the stock market?

Historical data has shown that investing in stocks over the long-term provides superior returns. Stocks offer potentially higher yields compared with fixed income instruments such as time deposits, government securities and bonds. There are three (3) rationales for stock investing:

a. Ownership in a company

When an individual invests in the stock market, he automatically becomes a stockholder of a particular listed company. As a stockholder, he is entitled to the following benefits: a.1) voting rights; a.2) dividends to be declared by the corporation; and a.3) share of the remaining assets of the company if it is to be liquidated.

b. Liquidity of funds

A stock market investor has easier access to funds. Compared with banks which require high minimum conditions for deposits and credit, an individual can start an investment for as low as Php 5,000.00. He can cash in or out his funds during trading hours, through his broker.

c. Make money

Investors in the stock market make money through dividends and capital appreciation. When a listed company declares dividends, its shareholders increase their investing power. An investor who buys into the company at a low market price and sells it at a higher price will gain capital appreciation.

What are the different dividends given by publicly listed companies?

There are two types of dividends that can be given by companies:

a. Cash dividends - these are earnings for every share of stock declared by the company.

b. Stock dividends - these are additional shares given to shareholders at no cost which can be sold anytime.

View historical dividends / rights declared by listed companies.


Is there any risk involved in investing?

While it is true that a stock investment is the most volatile of all securities, investors might well remember that uncertainty is a permanent feature of the investing perspective. This means that risk is always a part of any investment. A better attitude would be to limit and manage your risk. A maximum level of gain or loss should be set, and calculated decisions should be made when this level is reached.


How do I start investing in stocks? How much of my savings can be invested in stocks?

Just like an ordinary savings account, an investor has to open an account and present valid identification with a broker before he can actively trade stocks on the Exchange. An investor would need at least the minimum amount of investment to open a trading account which is Php5,000.00.

Getting started in the stock market is a simple process.

1. Choose your stockbroker or trading participant (

view Stockbroker's Directory).
2. Open a trading account with your stockbroker of choice.
3. Place your buy or sell order either online or through a phone call to your stockbroker.
4. Monitor and keep track of your investments.

What is the minimum amount of initial investment?

The minimum amount of money needed to invest in the stock market depends on the minimum number of shares to be traded for the stock and the minimum amount required to open a trading account. The minimum number of shares that can be traded will be determined by the prevailing market price of a particular stock. The PSE has a Board Lot table which shows the minimum number of shares that can be bought or sold given a certain price range.

How do I choose a stockbroker?

There are over 100 licensed stockbrokers accredited by the PSE. Your choice of stockbroker should depend on the type of service you will require and who will best suit your needs. The types of stockbrokers can be classified into:

a. Traditional – those who assign a licensed salesman that take orders through written instructions or phone calls
b. Online – those whose main interface with the customer is via the Internet

You can get a complete list of accredited stockbrokers by visiting the PSE website,

www.pse.com.ph, or contacting the PSE at (632) 876-4888.


How do I open an account?

Similar to the process in opening a bank account, you will be required to fill out a form called Customer Account Information Form (CAIF), and submit the following documents, namely:

a. Two (2) valid IDs;
b. Specimen signature cards; and
c. Proof of billing (although some brokers do not require this).

Depending on your stockbroker, you may be also asked to provide additional pertinent documents and an initial cash deposit in order to begin investing in stocks.

How can an overseas Filipino open a trading account?

For overseas Filipinos, the simplest and more convenient way of investing directly in the local equities is to open a trading account with an online stockbroker or apply directly with any overseas branch of Philippine banks that are affiliated with any of the active stockbrokerage houses in the PSE. Through the internet, overseas investors will be able to access the Philippine stock market and trade stocks real-time.

Overseas investors can also participate in the Philippine stock market through mutual funds, and index and variable-linked funds offered by various financial institutions such as banks, mutual fund management companies and insurance firms in the Philippines.


How do I place an order?

The conventional way of placing an order to buy or sell is through a phone call to your stockbroker. However, online trading is now being practiced so investors can place orders directly via the Internet.

How are settlement and clearing done? How long is the settlement period?

Settlements of accounts are done through the clearing house of the Exchange, the Securities Clearing Corporation of the Philippines (SCCP). Stock market transactions are settled on the third day after the trade (T+3). Transfers are based on trades done at PSE. Shares are transferred on settlement date to the buyer, and the buyer pays the seller through the clearing banks within the same settlement period. This means that transactions done on Monday must be settled by Thursday.

Do I need to have physical evidence of my stock ownership?

The PSE through its central depository, the Philippine Depository Trust Corp. (PDTC) uses the computerized book-entry system (BES) to transfer ownership of securities from one account to another, thus eliminating the need for physical exchange of scrip between buyer and seller. This system is called scripless trading. However, you may still request for an upliftment of your shareholdings to get a physical certificate.

What are my obligations to my broker?

1. Always update personal information provided to your broker, particularly:

a. client’s residence or business address
b. contact numbers
c. e-mail address

2. Always settle your buying transactions on T+3 (settlement date).

What are the broker’s obligations to its clients?

1. Your agent must confirm your securities transaction after trading hours.
2. Buying/selling invoices must be delivered to the client on T+1 (transaction day plus one day).
3. Stockbrokers must send the client’s statement of account on a monthly basis.
4. Your stockbroker must send you information and correspondences relevant to your investment.

Frequently Asked Questions (FAQs) // PSE Academy (2024)

FAQs

Can a pse be fired? ›

ANSWER: PSE's may be disciplined or removed within the term of their appointment for just cause and any such discipline or removal will be subject to the grievance-arbitration procedure, provided that within the immediately preceding six months, the PSE has completed ninety (90) work days, or has been employed for 120 ...

How many hours can a pse work in a day? ›

PSEs shall be paid overtime for work performed only after eight (8) hours on duty in any one service day or forty (40) hours in any one service week.

Can a pse get higher level pay? ›

The Postal Service will pay up to 75% of the total premium for any PSE who selects the APWU Consumer Driven Health Plan. In the event you are temporarily assigned to a higher-level position, you will be paid at the higher-level rate for the time spent performing higher-level duties.

Is a pse ssda a good job? ›

Is US Postal Service a good company to work for as a PSE SSDA? PSE SSDA professionals working at US Postal Service have rated their employer with 2.4 out of 5 stars in 15 Glassdoor reviews. This is a lower than average score with the overall rating of US Postal Service employees being 2.9 out of 5 stars.

Can a PSE call in sick? ›

In addition, employees must provide acceptable vidence for absences when required. 513.33 Requests for Sick Leave Except for unexpected illness or injury situations, sick leave must be requested on PS Form 3971 and approved in advance by the appropriate supervisor.

Can a PSE turn down a PTF position? ›

PSEs and/or PTFs in order of their relative standing on the rolls in the installation (bid cluster) for PSEs, or installation seniority for PTFs, assigned to Level 4 RMPOs are the only ones who are allowed to decline the conversion opportunity in this step.

What is the 56 hour rule for USPS? ›

Hours worked in excess of 12 hours a day, or 56 hours in an FLSA workweek, are payable at 150 percent of the carrier's regular rate.

Does a PSE get holiday pay? ›

To request annual leave, complete a PS Form 3971, Request for, or Notification of Absence. You will receive a lump-sum payment for any unused earned leave during your break in service. PSEs receive the following 6 paid holidays: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving and Christmas Day.

Do PSE clerks get uniform allowance? ›

PSEs who are required to wear uniforms (MVS, Window, etc.) will now receive a "full" uniform allowance. Additionally, the USPS will contribute more towards the Non-Career USPS Health Benefits Plan.

How many hours are pse clerks guaranteed? ›

WORK HOUR GUARANTEES FTR: Is guaranteed 8 hours a day and 40 hours per week; 8 hours work (or pay in lieu of work) when called in on their non-scheduled day; and they are guaranteed a minimum of 4 consecutive hours of work (or pay in lieu of work) when called in outside of their regular work schedule unless they ...

Do pse get Sunday premium? ›

No, PSE's do not get sunday premium pay.

Can a pse get FMLA? ›

Under the family and medical leave act of 1993 (FMLA), eligible employees of the U.S. Postal Service are entitled to receive unpaid leave for qualified medical and family reasons. Qualified medical and family reasons include: personal or family illness, pregnancy, adoption, or the foster-care placement of a child.

What does a PSE get paid? ›

As of Apr 19, 2024, the average hourly pay for a Pse Clerk in the United States is $19.13 an hour.

What does a PSE clerk do at the post office? ›

PSE Mail Processing Clerk

In this role you will perform a variety of clerk duties required to process mail using automated mail processing equipment or manual methods of sorting and distribution. Benefits may include paid vacation leave and health insurance.

Is a PSE a career position at the USPS? ›

Postal Support Employees (PSEs) are hired for a term not to exceed 360 calendar days per appointment. The PSE workforce is comprised of employees who don't yet have career appointments but who enjoy union representation and negotiated rights.

Can USPS workers be fired? ›

USPS does not terminate people lightly. There are different stages of discipline. You get a job discussion and discipline moves up from there. It is not easy to get fired.

Is a pse a career employee? ›

The PSE workforce is comprised of employees who don't yet have career appointments but who enjoy union representation and negotiated rights.

Are pse employees temporary? ›

Postal Support Employees (PSE) hold temporary appointments for periods not-to-exceed 360 days.

Top Articles
Latest Posts
Article information

Author: Msgr. Benton Quitzon

Last Updated:

Views: 6602

Rating: 4.2 / 5 (63 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Msgr. Benton Quitzon

Birthday: 2001-08-13

Address: 96487 Kris Cliff, Teresiafurt, WI 95201

Phone: +9418513585781

Job: Senior Designer

Hobby: Calligraphy, Rowing, Vacation, Geocaching, Web surfing, Electronics, Electronics

Introduction: My name is Msgr. Benton Quitzon, I am a comfortable, charming, thankful, happy, adventurous, handsome, precious person who loves writing and wants to share my knowledge and understanding with you.