The Philippine Dealing & Exchange Corp (PDEx) is one of the two major exchanges in the Philippines, the other being the Philippine Stock Exchange.
PDEx is licensed by the Securities and Exchange Commission (SEC) as an Exchange under the provisions of the Securities Regulation Code (SRC). In this capacity, PDEx provides a centralized & efficient infrastructure for trading securities which ensures price discovery, transparency and investor protection
Additional meaning of Philippine Dealing Exchange:
Trading on the PDEx platform is done through a state-of-the-art trading engine called X-Stream that was developed by NASDAQ OMX. Trading Participants are provided a front-end system (the Fixed Income Trading Workstation, FITW) through which quotes can be entered and/or amended and where transactions are eventually executed. The electronic system displays live bid and offer quotes and publishes transaction data to Trading Participants allowing for price discovery. In addition, real-time fixed income market information is published on subscription basis through the PDEx MarketPage locally, and through PDEx data pages on REUTERS globally.