Contributor: Eric Wicart
The ASEAN trading link announced its launch in September 2012. The link will firmly establish the ASEAN nations as an investment and trading bloc, and is also expected to attract new foreign investment to the region, as well as provide better opportunities for local capital.
Local Asian brokerage firms will probably benefit most from the link. They are now in a better position to compete with major international brokerage houses to manage the inflow business coming from neighboring countries, and they will also now have outbound access to local exchanges. While international brokerages have already established their own networks and unilateral relationships at the individual exchanges, the ASEAN trading link will bring the local brokers up to speed.... read more
Tags: ASEAN, ASEAN clearing, ASEAN exchanges, ASEAN trading link, Capital Markets, Eric Wicart, post-trade platform, post-trade scale, post-trade securities, SunGard, SunGard Stream
Posted in Capital Markets, Global Markets, Networks, Post-Trade, Technology |