Asean Exchange Link Lures Retail Investors to Boost Trade
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The Malaysian and Singaporean stock exchanges are seeking to attract individual investors and bolster volumes by offering cross-border trading, the first step in creating a Southeast Asian platform.
Singapore Exchange Ltd. and Bursa Malaysia Bhd. start offering the services today, while the Stock Exchange of Thailand is poised to join the link-up between the Association of Southeast Asian Nations members next month. The three account for 67 percent of the total market capitalization of the Asean Exchanges group, which includes Indonesia, the Philippines and Vietnam’s two bourses.