A strategy for the synthesis of new chiral (P,S) ligands is described. It is based on the opening of chiral nonracemic episulfides using phosphorus nucleophiles. Chiral episulfides, CH 2 CH(R)S, 4, are derived either from the reaction of thiourea with the corresponding epoxide (4a, R ) CH 3 ) or from the stepwise conversion of chiral diols to the episulfide via the thiocarbonate (4b, R ) cyclohexyl). The reaction of lithium salts of phosphines, R 2 ′PLi (R ) Ph, cyclohexyl), with episulfides is regioselective and gives the ring-opened products 5-8, PR 2 CH 2 CH(R′)SLi. Upon treatment with electrophiles, R′′Cl (R′′ ) -CH 2 Ph, -CH 2 -(C 5 (CH 3 ) 5 ), -CH 2 (C 14 H 9 ), -CH(C 14 H 12 )), they give novel chiral (P,S) ligands, PR′ 2 CH 2 CH-(R′)SR′′, 9-17 in 31-93% yield. Reactions of PCy 2 CH 2 CH(CH 3 )SCH 2 (C 6 (CH 3 ) 5 ), 11, with LMCl 2 (LM ) (DME)Ni, (COD)Pd, and (NBD)Pt; DME ) dimethoxyethane, COD ) 1,5cyclooctadiene, NBD ) 2,5-norbornadiene) yields the corresponding metal complexes, (11)-MCl 2 , 18. Variable-temperature 1 H NMR spectroscopy indicates that in these complexes sulfur inversion occurs on the NMR time scale. Compound 18b (M ) Pd) was characterized by single-crystal X-ray analysis. Reaction of PCy 2 CH 2 CH(CH 3 )SCH(C 14 H 12 ), 13, with (COD)-PdCl 2 results in C-S bond cleavage and produces a dinuclear thiolato-bridged complex, dichlorobis{µ-[2-(dicyclohexylphosphino)-1-(methyl)ethanethiolato]-P,µ-S}-dipalladium(II), 19. Complex 19 was characterized by single-crystal X-ray analysis. Reactions of ligands 9-17 with Rh(COD) 2 + OTf -(COD ) cyclooctadiene, OTf -) CF 3 SO 3 -) yields rhodium complexes that have been tested in the asymmetric hydrogenation of R-enamide methyl esters, providing enantioselectivities of up to 51%. The rhodium complex obtained with ligand 11, (11)Rh-(COD)OTf, 22, was characterized by single-crystal X-ray analysis.