ASEAN KEY DESTINATIONS
Asean exchanges study trading link
Four Asean exchanges, working together with NYSE Technologies, have completed the design study of the technology framework for the Asean Trading Link.
"Shortlisted vendors who are able to provide the infrastructure have been invited to tender," they said in a joint statement on Wednesday.
The four exchanges are Bursa Malaysia, the Philippine Stock Exchange, Singapore Exchange and the Stock Exchange of Thailand.
The Asean Trading Link aims to electronically interconnect the participating markets and facilitate cross border order trading seamlessly.
Depending on the selected vendor, it is expected that the link would go live near the end of 2011.
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