Philippine Dealing Exchange

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The Philippine Dealing Exchange(PDEx) is one of the two major stock exchanges in the Philippines, the other being the Philippine Stock Exchange. It is a is a multi-sectoral project spearheaded by the Bankers Association of the Philippines (BAP) that operationalizes the series of market reforms that the financial markets stakeholders have undertaken with the support of the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP).

This comprehensive financial market infrastructure that provides an electronic platform for trading, clearing and settlement, and depository and custodianship of fixed income securities and its derivatives is implemented through the Philippine Dealing System Holdings Corp. and its subsidiaries, namely, Philippine Dealing & Exchange Corp. (PDEx), Philippine Securities Settlement Corp. (PSSC) and Philippine Depository & Trust Corp. (PDTC), collectively known as PDS Group. PDEx was formally licensed in April 2004 by the SEC as an Exchange.

It serves as the venue for an efficient, stable, and secure market for the trading of securities by providing a centralized fixed income trading facility. This infrastructure will promote price discovery and transparency, provide businesses equitable access to public funds, create a deeper investor base, and promote an active secondary market for fixed income securities.

1 Mission
2 Vision
3 Technology
4 Trading Partners
5 External Link

[edit] Mission

To develop and operate a centralized electronic marketplace that will promote price discovery and transparency for Philippine fixed income securities and foreign exchange transactions.

[edit] Vision

To be the catalyst for promoting efficiency, price discovery, transparency and investor protection in the domestic fixed income market.

[edit] Technology

PDEx works on a state-of-the-art electronic financial trading system developed and customized by OMX. The system, X-stream, is a high performance, flexible, and fault tolerant financial trading system that integrates and automates trading of financial products.