ASEAN Trading Link to go live by end of 2011
The design study of the technology framework for the ASEAN Trading Link has been completed.
According to a statement released by the four ASEAN Exchanges, namely Bursa Malaysia, the Philippine Stock Exchance, Inc., Singapore Exchange and the Stock Exchange of Thailand, shortlisted vendors who are able to provide the infrastructure have been invited to tender.
The ASEAN Trading Link aims to electronically interconnect the participating markets and facilitate cross border order trading seamlessly. Depending on the selected vendor, it is expected that the link will go live toward the end of 2011.