ASEAN Exchanges Complete Technology Design Study of Trading Link
Four ASEAN Exchanges, namely Bursa Malaysia (BM), the PhilippineStock Exchange, Inc. (PSE), Singapore Exchange (SGX) and the Stock Exchange of Thailand (SET) working together with NYSE Technologies, today said the design study of the technology framework for the ASEAN Trading Link has been completed.
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.