“With technology as a key area in our strategic agenda, it is important for PSE to work with a trusted service provider of market technologies,” PSE president and CEO Ramon S. Monzon said in a statement on Thursday.
“Given this, PSE opted to renew its partnership with Nasdaq to ensure continuity in offering a dependable trading system that meets all our current and future requirements,” he added.
Smarter, faster trading tools
The new system supports advanced options pricing, pre-trade risk management, and index calculations, giving PSE access to modular, high-performance tools with flexible cloud deployment.
This also complements with the exchange’s plans to introduce new products, including derivatives.
Global tech backbone
Nasdaq’s technology is used by 97 percent of globally important banks, half of the top 25 stock exchanges, 35 central banks, and over 3,800 financial institutions worldwide.
Nasdaq Eqlipse is Nasdaq’s newest trading system, built over five years to integrate trading, clearing, settlements, and data into one platform.
It’s designed to help Nasdaq work more closely with 135+ infrastructure partners globally.
PH market growth in focus
“Our growing presence in the Philippines complements the country’s extraordinary development as one of the fastest growing economies in the ASEAN region. With growth of course comes challenges and we are excited to be working with leading domestic and global banks in the Philippines as they continue to innovate and scale in this digital and increasingly AI-driven age,” said R.G. Manalac, senior vice president, Asia Pacific at Nasdaq.
“Our solutions spanning across capital markets, regulation, and risk management continue to prove critical as these firms look to expand their businesses in a scalable and efficient manner,” he added.
