Philippine Dealing Exchange

The Philippine Dealing Exchange(PDEx) is one of the two major stock exchanges in the Philippines, the other being the Philippines 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.

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.

Vision

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

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.

Trading Partners

      1.Allied Banking Corporation 

      2.Asia United Bank 

      3.Banco de Oro Universal 

      4.Bank of Commerce 

      5.Bank of the Philippine Islands 

      6.BDO Private Bank 

      7.BPI Capital 

      8.China Banking Corporation 

      9.Chinatrust (Phils.) Commercial Bank Corp. 

      10. Citibank N.A. 

      11. Deutsche Bank AG 

      12. Development Bank of the Philippines 

      13. East West Banking Corporation 

      14. Equitable PCIBank 

      15. Export and Industry Bank 

      16. Hongkong & Shanghai Banking Corporation, Ltd. 

      17. International Exchange Bank 

      18. JP Morgan Chase Bank 

      19. Landbank of the Philippines 

      20. Metropolitan Bank & Trust Company 

      21. Philippine Bank of Communications 

      22. Philippine National Bank 

      23. Philippine Veterans Bank 

      24. Rizal Commercial Banking Corporation 

      25. Security Bank Corporation 

      26. Standard Chartered Bank 

      27. Union Bank of the Philippines 

      28. United Coconut Planters Bank