Both exchanges also seek to explore frameworks and the issuance of depository receipts with Indonesia and Singapore underlying; exchange-traded funds (ETFs) including cross-listing and a master-feeder structure; the creation and development of indices; and the exploration of dual listings between Indonesia and Singapore.
Singapore Exchange Group (SGX Group) and the Indonesia Stock Exchange (IDX) have signed a memorandum of understanding (MOU) to explore collaboration opportunities, says SGX on Jan 29.
According to the group, the Asean region presents a “compelling growth story” global investors. Under the MOU, both exchanges will work closer together to foster greater access and connectivity between both markets and encouraging cross-border investments.
