Sign up | Log in



Home  >>   Daily News  >>   Asean News  >>   Capital Markets  >>   Asean Exchanges launched
NEWS UPDATES Asean Affairs    20 September  2012

Asean Exchanges launched


The Asean Exchanges trading link, which connects Malaysia’s local bourse with Singapore Exchange (SGX), will benefit retail investors and brokers, said Bursa Malaysia chief executive officer Tajuddin Atan.

Asean Exchanges is a collaboration between seven bourses from Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.

“Trading in Asean just got easier. It aims to create more investment opportunities across the region and spur greater liquidity in Asean capital markets,”

Tajuddin Atan at the roll-out of the trading link that went “live”.

“Also, it is a business-to-business gateway for brokers to offer their clients the full range of investment opportunities provided by the connected Asean Exchanges.”

The Stock Exchange of Thailand is due to be connected to the Asean trading link by mid-October.

Tajuddin said the three markets Malaysia, Singapore and Thailand jointly offer nearly 3,000 listed companies with a market capitalisation of US$1.4 trillion (4.3 trillion ringgit).

“Together they account for some 70 per cent of the total market capitalisation of Asean,” he said.

Charamporn Jotikasthira, president of the Stock Exchange of Thailand, said that there are 16 brokers from Thailand “waiting to come online next month”.

Another 15 brokers from across Malaysia and Singapore have joined the Asean trading link. They are: A. A. Anthony Securities Sdn Bhd, Affin Investment Bank Bhd, CIMB Investment Bank Bhd, HwangDBS Investment Bank Bhd, Kenanga Investment Bank Bhd, Maybank Investment Bank Bhd and Mercury Securities Sdn Bhd.

The others are OSK Investment Bank Bhd, RHB Investment Bank Bhd, CIMB Securities (S) Pte Ltd, DMG & Partners Securities Pte Ltd, Lim & Tan Securities Pte Ltd, Maybank Kim Eng Securities Pte Ltd, Phillip Securities Pte Ltd and UOB Kay Hian Pte Ltd.

SGX chief executive officer Magnus Bocker said the roll-out of the trading link was successful, with trading going both ways (between Malaysia and Singapore) as soon as the markets opened.

Bocker said the participation of individual Asean markets through the trading link would help the region compete with bigger markets and economies.

“As capital flows to and within this region increases, companies benefit from deeper liquidity pools to finance business expansion. Investors will also gain from access to more investment opportunities. In short, this is a win-win situation for all market participants.”

On the remaining Asean exchanges that are not in the trading link, Bocker said there was no specific timeframe for them to join.

“They want to participate but it is a question of not only bringing technology together we also need to have investor and regulatory readiness. There are many things that need to come together. We cannot tell you which will be the next market to be connected but rest assured, they will come,” he said.

Bocker also said the connected exchanges would need to start looking at “how we can make it much easier and better for our brokers when it comes to clearing, settlement and depository of the stocks.”

Mercury Securities managing director Chew Sing Guan said the roll-out of the trading link opened possibilities for brokers to grow and tap into Asean opportunities.

“Asean is still very much a growth story where the action is and we want to be able to tap into the abundant growth opportunities.

“The trading link provides brokerages such as ours the much-desired ease of market access to grow our foreign clientele base without the hassle and cost of expansion into other markets,” said Chew in a statement.

The roll-out of the trading link was officiated by Deputy Finance Minister Donald Lim Siang Chai. Also present were Bursa Malaysia chairman Mohamed Dzaiddin Abdullah and Malaysian ambassador to Vietnam Azmil Zabidi.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    20 September 2012  Subsribe Now !
• Asean mulls 'new political channels' to ... Subcribe: Asean Affairs Global Magazine
• First Asean human rights declaration's draft... Asean Affairs Premium

• Asean Exchanges launched

Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Laos to sell Xayaburi electricity to Cambodia...
• Vietnam extends Indonesia rice sale agreement
 • ThaiBev gives up bid for APB, concedes to

Asean Analysis              20 September 2012
Advertise Your Brand
• Asean Analysis- September 20, 2012  
• Asean Weekly- September 14, 2012 Sponsor Our Events

Asean Stock Watch     19 September 2012 

• Asean Stock Watch- September 19, 2012 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2019 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand