INTERNATIONAL: MAS and SC Co-operate to Establish Joint Trading Link between Malaysia and Singapore

Tuesday February 6 2018

On 6^th February 2018, the Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) announced that they will co-operate to facilitate the establishment of a stock market trading link, between Bursa Malaysia (BM) and Singapore Exchange (SGX) by the end of 2018.

This trading link will allow investors to trade and settle shares listed on each other’s stock market in a more convenient and cost efficient manner.

This initiative supplements the ongoing efforts by the ASEAN Capital Markets Forum (ACMF) to deepen financial connectivity across the region’s capital markets. The bilateral link between BM and SGX will extend beyond trading to cover post-trade arrangements like the clearing and settlement of the stocks traded.

In relation to this strategic initiative, MAS and SC will set up cross-border supervisory and enforcement arrangements. These supervisory bodies will work alongside the two exchanges in order to make the Trade Link operational.

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