Wednesday, February 2, 2011

Asean Exchanges complete tech study of trading link

KUALA LUMPUR: Four Asean Exchanges -- Bursa Malaysia, the Philippine Stock Exchange, Singapore Exchange and the Stock Exchange of Thailand (SET) ' said the design study of the TECHNOLOGY [] framework for the Asean Trading Link has been completed.

They said in a joint statement issued on Wednesday, Feb 2 shortlisted vendors able to provide the infrastructure have been invited to tender.

The Asean Trading Link aims to electronically interconnect the participating markets and allow cross border order trading seamlessly.

'Depending on the selected vendor, it is expected that the link will go live toward the end of 2011,' the statement said.


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