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PDEx provides the Bankers Association of the Philippines (BAP) the Trading System for Foreign Exchange Spot (FX SPOT) transactions that underpins the market that generates the reference rate for the conversion of US Dollars (USD) into Philippine Pesos (PHP) daily. Members of the FX Spot USD/PHP Market are BAP Member Banks or other banks allowed by the BAP to participate in this systemically-important market as regulated entities under the oversight of the Bangko Sentral ng Pilipinas (BSP).
Foreign Exchange Spot USD/PHP Member Banks as of 31 March 2018
| Firm | Code | |
|---|---|---|
| 1 | ASIA UNITED BANK CORPORATION | AUBK |
| 2 | AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED | ANZV |
| 3 | BANK OF AMERICA, N.A. | BAPH |
| 4 | BANK OF COMMERCE | BKCP |
| 5 | BANK OF THE PHILIPPINE ISLANDS | BPIM |
| 6 | BANK OF TOKYO-MITSUBISHI LTD. – MANILA BRANCH | TMPH |
| 7 | BDO PRIVATE BANK INC. | PBDO |
| 8 | BDO UNIBANK, INC. | BDOM |
| 9 | CATHAY UNITED BANK CO. LTD., MANILA BRANCH | CUBP |
| 10 | CHINA BANKING CORPORATION | CBCM |
| 11 | CTBC BANK (PHILIPPINES) CORP. | CCBM |
| 12 | CITIBANK, N.A. | CIPH |
| 13 | DEUTSCHE BANK AG, MANILA BRANCH | DBPH |
| 14 | DEVELOPMENT BANK OF THE PHILIPPINES | DEVP |
| 15 | EAST WEST BANKING CORPORATION | EWBC |
| 16 | ING BANK N.V., MANILA BRANCH | INGB |
| 17 | JP MORGAN CHASE BANK, N.A. – MANILA BRANCH | JPPH |
| 18 | KOREA EXCHANGE BANK – MANILA BRANCH | KEBM |
| 19 | LAND BANK OF THE PHILIPPINES | LBPH |
| 20 | MAYBANK PHILIPPINES, INC. | MAYB |
| 21 | METROPOLITAN BANK & TRUST COMPANY | MBML |
| 22 | MIZUHO BANK LTD. – MANILA BRANCH | MIZM |
| 23 | PHILIPPINE BANK OF COMMUNICATIONS | PBCM |
| 24 | PHILIPPINE NATIONAL BANK | PNBM |
| 25 | PHILIPPINE TRUST COMPANY | PTCO |
| 26 | PHILIPPINE VETERANS BANK | PVBM |
| 27 | RIZAL COMMERCIAL BANKING CORPORATION | RCBC |
| 28 | ROBINSONS BANK CORPORATION | RSBK |
| 29 | SECURITY BANK CORPORATION | SBMN |
| 30 | SHINHAN BANK – MANILA BRANCH | SHBM |
| 31 | STANDARD CHARTERED BANK | SCML |
| 32 | SUMITOMO MITSUI BANKING CORPORATION | SMBC |
| 33 | THE HONGKONG & SHANGHAI BANKING CORPORATION LIMITED | HBPH |
| 34 | UNION BANK OF THE PHILIPPINES | UBPH |
| 35 | UNITED COCONUT PLANTERS BANK | UCPB |