Next steps for ASEAN 22 August 2014Singapore Reporter: Catherine Van de Stouwe
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The Association of Southeast Asian Nations (ASEAN) Exchanges are discussing the next collaborative action steps to market and promote ASEAN as one asset class.
Since the 2011 launch, ASEAN Exchanges have delivered on several key milestones such as the ASEAN Trading Link and development of a post-trade solution that serves to provide greater exposure and access to the range of investable companies across ASEAN.
Magnus Bocker, CEO of Singapore Exchange, said: “The collaborative action amongst the ASEAN Exchanges has been a vital force in moving things forward to achieve our goals and this is most evident in the significant progress we have made over a relatively short period of time.”
“Since the formalisation of ASEAN Exchanges in April 2011…we have put in place the ASEAN Trading Link to connect our markets and are able to also now provide streamlined, cost-effective post-trade procedures for cross-border transaction conducted via the ASEAN Trading Link.”
“Each of the exchange members has embarked on their own in-market engaging activities with the market players to market and create greater visibility of ASEAN products to investors.”
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