ASEAN Trading Link improves market data offering

 

Market data and analytics from markets linked through the Association of South East Asian Nations exchange project will now be offered through a single online source.

 

Market data and analytics from markets linked through the Association of South East Asian Nations (ASEAN) exchanges project will now be offered through a single online source.

The ASEANExchanges.org website will feature aggregated ASEAN content, letting investors see the performance of the seven ASEAN exchanges individually while providing an integrated view of the ASEAN market.

A FTSE/ASEAN Indices Weekly Report will also be available on the website, giving investors a clear view of the 180 largest companies across the exchanges involved in the link.

ASEAN's Trading Link initiative was also bolstered this week with the Stock Exchange of Thailand (SET) joining the Malaysian and Singaporean exchanges, giving investors a single entry point to access three of the region's equity markets.

Magnus Bocker, CEO of Singapore Exchange, said the addition of SET will help drive growth of the Trading Link.

“Today, 31 brokers from across Malaysia, Singapore and Thailand, including the five biggest regional brokers, are connected on the ASEAN Trading Link,” Bocker said.

Together, the three markets give access to 2,200 listed companies with a market capitalisation of US$1.4 trillion, which Bocker believes will give investors access to further liquidity.

“These brokers can now offer investors seamless access across the connected ASEAN markets. In time, this infrastructure could beget more liquidity, benefitting investors and markets in this region,” Bocker said.

The other exchanges included comprise the Hanoi Stock Exchange, Ho Chi Minh Stock Exchange, Indonesia Stock Exchange and the Philippine Stock Exchange.

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