PSE welcomes NASDAQ OMX President

The Philippine Stock Exchange (PSE) had a special bell ringing ceremony to formally welcome NASDAQ OMX executives led by its President Adena Friedman.

The PSE recently announced that it has chosen NASDAQ OMX’s X-stream Trading Technology to power its trading platform. The trading engine is expected to be available by mid-2015.

“I am confident that working hand in hand with an exchange technology leader will assure us of a new trading system that will help achieve our business objectives and help reach our goal of enhancing our technology structure.  We will make sure that this cutting-edge technology will make us even more competitive in the global arena,” said PSE Chairman Jose T. Pardo in his welcome remarks during the bell ringing ceremony.

Shown in the first photo are (From L-R): PSE Director Edgardo Lacson; PSE Director Vivian Yuchengco; NASDAQ OMX Manila Operations Head Emmanuel Sarte; NASDAQ OMX  Managing Director for Southeast Asia & Pacific Robert Frojd; NASDAQ OMX Senior Vice President for Market Technology Lars Ottersgard; NASDAQ OMX Group President Adena Friedman; PSE Chairman Jose T. Pardo; PSE President Hans B. Sicat; PSE Director Noel Bautista; SCCP Director William Ang; PSE COO Roel A. Refran; and PSE Director Alejandro Yu.

Shown in the second photo are (From L-R): PSE President Hans B. Sicat, NASDAQ OMX Group President Adena Friedman and PSE Chairman Jose T. Pardo.