New Filipino Exchange, PDEX, to Use Computershare’s X-Stream System

Exchange Technologies

MANILA—The Philippine Dealing and Exchange Corp. (PDEX), which is expected to start operating in the second quarter of 2004, will use the X-stream trading system from Australian technology vendor Computershare.

PDEX officials will operate the market for foreign exchange (FX) trading, a number of derivatives products and fixed-income securities in the Philippines, officials say. X-stream, which runs under both the Unix and Microsoft Windows XP operating systems, will provide the exchange with

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