The Philippine Stock Exchange Inc. (PSE) has signed a new contract with Nasdaq Technology AB to upgrade its existing trading infrastructure to the Nasdaq Eqlipse Trading platform, a multi-asset engine designed to support future market growth and innovation.
The agreement signals PSE’s intention to modernize its trading operations by adopting a more advanced and scalable system capable of handling a broader range of asset classes.
The upgrade is part of the bourse’s long-term strategy to expand its product offerings and maintain alignment with international standards in market technology.
By renewing its partnership with Nasdaq, PSE aims to ensure continuity in delivering a robust and reliable trading experience for market participants.
The Eqlipse platform is expected to enhance transaction speeds, improve risk controls, and accommodate future regulatory and market structure changes.
Nasdaq has served as the PSE’s technology partner for over a decade, providing systems that underpin daily trading activity.
The latest deal reinforces the collaboration between the two entities and positions the Philippine exchange to pursue further innovation in line with global market developments.
Business News Asia