Wednesday, 19 September 2012

Bursa Malaysia Bhd (RM6.22/share) - Bursa, SGX kick off Asean Trading Link


ASEAN Trading Link went live yesterday with Malaysia and Singapore becoming the first two connected markets in the 10-nation Asean. Thailand is expected to be linked by the middle of next month. Bursa Malaysia Bhd chief executive officer (CEO) Datuk Tajuddin Atan said a total of 31 brokers from Malaysia, Singapore and Thailand have joined the much-awaited trading link, signalling a positive start to the rollout. He said that the link is key to the region’s goal of breaking down various cross-border trade across Asean. He added that the aim is to create more investment opportunities across the region and spur greater liquidity in the Asean capital market. – Business Times

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