Besides hinting at closer ties between the two countries, the link had also boasted some practical purposes. According to the 2018 joint statement by regulators from both countries, the link covered post-trade arrangements, such as the clearing and settlement of traded stocks, offering easier, seamless trading. There was a long list of associated benefits: lower trading costs, improved liquidity and more investor convenience.
The mooted trading tie-up between SGX and Bursa is unlikely to be revived for now as industry players look to Asean and beyond for the real game.
Plans for a trading link between the Singapore Exchange (SGX:S68
) (SGX) and Bursa Malaysia were announced on Feb 6, 2018, with both sides aiming to launch the link by the end of that year. However, five years later, the trading link between the two bourses remains in the realm of ideas.
