Lack of post-trade focus slows Asean integration, says DBS chief
Clearing and settlement infrastructure needs to be set up to boost cross-border trading
Launched in 2012, the Asean Trading Link was intended to spearhead the process of integrating capital markets across the 10 member states of the Association of Southeast Asian Nations but so far progress has been sluggish at best. The first iteration only saw a tie-up between Singapore Exchange and Bursa Malaysia, with the Stock Exchange of Thailand subsequently signing up, and while bourses from Vietnam, the Philippines and Indonesia are now part of the initiative, volumes are still slight.
The
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