This compound is primarily utilized in the field of asymmetric catalysis, where it serves as a chiral ligand. Its unique structure, featuring a spirobi[indene] core and dichlorophenyl groups, enables it to effectively induce chirality in various catalytic reactions, particularly in the synthesis of enantiomerically pure pharmaceuticals and fine chemicals. Additionally, its stability and steric properties make it suitable for use in complex organic transformations, such as hydrogenation and carbon-carbon bond-forming reactions, where high enantioselectivity is crucial. The compound’s ability to form stable complexes with transition metals further enhances its utility in catalytic systems.