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.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
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. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Chris Edmonds takes the reins at ICE Fixed Income and Data Services
Edmonds is now leading ICE’s fixed income and data business as the rush to provide better data and analytics in fixed income builds.
Systematic tools gain favor in fixed income
Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.
Waters Wrap: Examining the changing EMS landscape
After LSEG’s decision to sunset Redi, Anthony examines what might lie ahead for the EMS space.
This Week: Clear Street, AXA/AWS, TD Bank/Google Cloud and more
A summary of the latest financial technology news.
LSEG to sunset Redi EMS in favor of Tora
Sources say competitors will look to seize on the decision to win over Redi’s sizeable US client base.
WatersTechnology latest edition
Check out our latest edition, plus more than 10 years of our best content.
Getting aggressive: Overbond uses AI to assess dealer axes
The fixed-income analytics specialist has developed a new tool to help buy-side firms decide if they’re getting a good price from their dealers.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Sell-Side Technology Awards 2024: All the winners