04 Feb '11, 4am

Design study done for Southeast Asian trading link: Kuala Lumpur (The Star/ANN) - Four Southeast

Kuala Lumpur (The Star/ANN) - Four Southeast Asian exchanges Bursa Malaysia, the Philippine Stock Exchange, Singapore Exchange and the Stock Exchange of Thailand have said the design study of the technology framework for the Asean Trading Link has been completed. They said in a joint statement that shortlisted vendors that were able to provide the infrastructure have been invited to sumbit their tenders. The Asean (Association of Southeast Asian Nations) Trading Link aims to electronically interconnect the participating markets and allow seamless cross-border order trading. Depending on the selected vendor, the link was expected to go live toward the end of 2011, they said. The four exchanges signed a letter of intent with New York Stock Exchange (NYSE) Technologies to design a technology solution for the Asean Trading Link in February last year. Following the plan for the...

Full article: http://sg.news.yahoo.com/ann/20110204/tap-design-study-do...

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