The Philippine Stock Exchange, Inc. (PSE) and Nasdaq (Nasdaq: NDAQ) yesterday announced a significant expansion of their long-standing technology partnership. As part of this collaboration, the PSE will upgrade its trading infrastructure to Nasdaq Eqlipse Trading, Nasdaq’s latest and most advanced multi-asset marketplace platform.
Nasdaq Eqlipse represents a new era in exchange technology. It is designed to modernize, standardize, and strengthen trading infrastructure through a modular platform architecture, seamless API integrations, and enhanced deployment flexibility, including cloud adoption. The system supports pre-trade risk management, advanced options pricing, and real-time index calculations, all with reduced operational complexity.
“With technology at the core of our strategic roadmap, it’s essential that we align with a proven and trusted provider of market infrastructure,” said Ramon S. Monzon, President and CEO of the PSE. “Renewing and expanding our partnership with Nasdaq ensures the PSE continues to operate a robust, secure, and future-ready trading system for our stakeholders.”
Nasdaq Eqlipse is the fourth generation of Nasdaq’s suite of trading platforms and a key milestone in its ongoing five-year investment strategy. It delivers a harmonized and interoperable solution suite across trading, clearing, depository services, and data intelligence, currently supporting over 135 market infrastructure providers worldwide.
“We are proud to deepen our relationship with the PSE as they modernize the Philippine capital markets,” said Magnus Haglind, Head of Marketplace Technology at Nasdaq. “Nasdaq Eqlipse is the result of years of investment aimed at advancing liquidity, transparency, and resilience in capital markets around the world.”
Beyond its collaboration with the PSE, Nasdaq maintains a strong technology presence throughout the Philippines. Its AxiomSL platform supports regulatory compliance for domestic and global institutions, while the Calypso platform simplifies capital markets operations for leading banks and financial institutions.
“Our expanding footprint in the Philippines aligns with the country’s rapid economic growth and digital transformation,” said R.G. Manalac, Senior Vice President, Asia Pacific at Nasdaq. “As firms innovate and scale in today’s AI-driven financial landscape, our solutions in capital markets, regulation, and risk management are proving critical to success.”
Nasdaq’s global technology footprint includes support for:
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97% of global systemically important banks
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50% of the world’s top 25 stock exchanges
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35 central banks and regulatory authorities
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Over 3,800 financial services clients worldwide
Through decades of experience, Nasdaq continues to deliver cutting-edge technology, deep industry expertise, and scalable managed services to help financial institutions address complex operational challenges and lead market modernization efforts.
