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Revisions

Asean trading linkage quietly shuts down

Emerging Markets

Asean trading linkage quietly shuts down

Bloomberg Published on Sat, Oct 14, 2017 / 10:15 PM GMT+8

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SINGAPORE (Oct 14): A system that connected stock markets in Malaysia, Singapore and Thailand has closed down, five years after its high-profile debut.

The Asean Trading Link started with Bursa Malaysia and Singapore Exchange, with The Stock Exchange of Thailand also joining.

It was heralded at its launch as breaking the barriers to cross-border trade and offering a single entry-point to three of Southeast Asia’s biggest stock markets, with thousands of listed companies.