Fragmentation impeding success of Asean Exchanges
Despite many initiatives since its launch, only 3 exchanges are on board and trading volumes have been low.
Singapore
FOUR years after the stock exchanges of the Association of Southeast Asian Nations took steps towards regional integration, the notion of a borderless capital market remains but a grand vision.
Asean Exchanges kicked off in April 2011 as a collaboration of seven exchanges from Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.