Southeast Asian Stock Markets Quietly Kill Their Trading Link
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A system that connected stock markets in Malaysia, Singapore and Thailand has closed down, five years after its high-profile debut.
The Asean Trading Link started with Bursa Malaysia and Singapore Exchange Ltd., with The Stock Exchange of Thailand also joining. It was heralded at its launch as breaking the barriers to cross-border trade and offering a single entry-point to three of Southeast Asia’s biggest stock markets, with thousands of listed companies. Bourses in Vietnam, the Philippines and Indonesia were expected to eventually take part.