Ten years agoPhilippines plan new exchangeWhile Manila International Futures Exchange (MIFE) awaits Securities & Exchange Commission's decision on whether it can re-open Philippine Stock Exchange (PSE) plans to form a new exchange to handle the trading of options and futures by Q1 of 1997. Asked about the implications of the new exchange on MIFE, PSE president Eduardo de los Angeles said: "Ideally, there should only be one exchange. Either they merge...