PDS Foreign Exchange (FX) | PDS Group


PDEx provides and operates an FX Spot trading system for the Bankers Association of the Philippines (BAP), generating a daily key reference rate – PDS FX Rate.

On the other hand, PDS’ strategic alliance with Thomson Reuters renders an enhanced FX Spot Market Infrastructure with three alternative trading modes: FX Spot Conversational/Chat format, FX Spot Matching format, and  FX Negotiated Fixed format. All FX Spot USD/PHP transactions executed through any of the three modes on the PDEx and Thomson Reuters systems will be captured and consolidated electronically for price and data publication and will be linked straight through to the PDS settlement system for clearing and settlement authorization.