Widely used as a chiral ligand in asymmetric catalysis, this compound plays a key role in enantioselective transformations such as hydrogenation and cross-coupling reactions. Its rigid ferrocene backbone and tailored phosphine groups enhance stereocontrol, making it valuable in the synthesis of pharmaceutical intermediates and fine chemicals. The ligand’s steric bulk and electronic properties improve catalyst efficiency and selectivity, particularly in reactions involving prochiral olefins and imines. It is often employed with rhodium or ruthenium complexes to achieve high enantiomeric excess in the production of chiral molecules.