Asean Link Adds FTSE Analytics, Set to Begin Trading in June
The Association of Southeast Asian Nations (Asean) regional group of exchanges has announced that its cross-exchange trading link will begin operations this summer as per their revised schedule announced last year, with Bursa Malaysia and Singapore's SGX initially connected in June, and the Stock Exchange of Thailand added in August to complete the project's first stage.
"Through the trading link, investors in [these nations] will enjoy a new ease of access to a wider investment selection as well as the ability to tap the region's growth opportunities. The three exchanges that will participate in the first stage of the Asean Trading Link represent approximately two-thirds of the $2.1 trillion market capitalization of the seven members of the Asean Exchanges," says SGX chairman Magnus Bocker.
The group also announced that the trading link, which will utilize SunGard's Valdi trading system and network infrastructure, will be enhanced by market data and analytics from index provider FTSE under a newly formalized agreement.
"Asean is an exciting capital market and investors need to be able to make informed decisions in a timely manner. The range of Asean analytics from FTSE will further enable more informed decisions about Asean investments which will help drive greater liquidity into our markets," says Bocker, adding that the regional group is exploring further similar partnerships to bolster the project.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Interop after acquisitions remains daunting for buyers
Executives from a variety of vendors speaking at WFIC explained why desktop interoperability is important and why progress has been slow.
Should banks risk lightning hitting twice for CrowdStrike?
Bank tech teams divided on whether to give security vendor a second chance after update crash.
Northern Trust adds fixed-income capabilities for outsourced trading in Asia-Pacific
The custodian bank now offers 24/6 fixed-income trading coverage with desks in Chicago, London, and Sydney.
South Africa’s equity markets court HFTs with tech upgrades
Competition for flow has driven innovation in connectivity, risk, and data provision.
Dealer relief at delays to Refinitiv Matching’s tech migration
First phase of replatforming for Swiss spot pairs set to be pushed to mid-2025.
Kepler Cheuvreux builds proprietary execution platform with Adaptive
The broker wants to move away from third-party technologies as DORA’s risk management requirements could make vendor relationships more cumbersome.
Let’s grow the third-party risk playbook – CME security chief
The CrowdStrike outage has highlighted the need for the financial sector to adjust its game plan.
Facing platform shutdown, former IEX Cloud head buys its assets in 11th-hour bid
Tim Baker, Pedro Aguayo, and a silent partner have come together to purchase IEX Cloud’s assets days before the exchange was to retire all its products on August 31.