PDS FOREIGN EXCHANGE (FX)
PDEx provides the market infrastructure and data distribution to Bankers Association of the Philippines (BAP) member banks through PDS FX. All FX trades are also centrally captured and linked straight through to the FX Settlement systems via PDS Clear.
PDS FX Quote
PDS FX provides quote-driven execution via fixed electronic trading, and shall soon be enhanced with conversational form trading – this will allow multiple currency pairs to be traded and captured for domestic settlement.
PDS FX Order
PDS FX will soon be enhanced to offer order-driven FX Trading with a tested electronic matching engine allowing FX Dealers to post live orders with pre-trade anonymity and a set of execution tactics. The same order-driven systems will be expandable to transactions of multiple currency pairs eligible for domestic settlement.