Philippine Dealing & Exchange Corp. (PDEx)

The Philippine Dealing & Exchange Corp. (PDEx) is one of the major exchanges in the Philippines, licensed by the Securities and Exchange Commission (SEC) as an Exchange under the provisions of the Securities Regulation Code (SRC).

PDEx began trading operations in government securities in March 2005, with a Negotiated Dealing System for the Inter-Dealer Market. An Auto-Matching System was also launched in November 2006, which is used to complement the trading of Government Securities on Negotiated Dealing System.

In July 2006, the Exchange was granted registration as a Self-Regulatory Organization (SRO) by the Securities & Exchange Commission (SEC) for the Inter-Dealer Market. And, in November 2007 the SEC expanded the SRO registration of PDEx to cover the Inter-Professional Market as well.

Trading on the PDEx platform is done through a state-of-the-art trading engine called X-Stream, which was developed by Computershare Markets Technology and customized for Philippine market conditions.

* Next: Philippine Stock Exchange