Philippine Dealing Exchange
The Philippine Dealing and Exchange(PDEx) is one of the two major exchanges in the Philippines, the other being the Philippine Stock Exchange. It 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.
Trading Participants
- 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