Widely used as a chiral ligand in asymmetric catalysis, this compound plays a key role in enantioselective hydrogenation reactions. It is particularly effective in the synthesis of chiral molecules important in pharmaceuticals and fine chemicals. Its ferrocene backbone provides structural rigidity and stability, while the phosphine groups coordinate efficiently with transition metals like rhodium and ruthenium, enhancing catalytic activity and stereocontrol. Due to its high enantioselectivity, it is favored in industrial processes where production of single-enantiomer products is critical. The presence of trifluoromethyl groups increases ligand robustness and influences electronic properties, improving catalyst performance under a range of conditions.