Central Banking

Singapore and Malaysia to set up stock market link

stock-market-asia

Authorities from Singapore and Malaysia have unveiled plans to link the stock markets in their countries by the end of the year.

The trading link will allow investors, including retail investors, on both sides to buy and sell shares listed on both the Bursa Malaysia and Singapore Stock Exchange. Apart from its trading facility, the new trading link will be also extended to post-trade arrangements, such as clearing and settlement.

Malaysian prime minister Najib Razak announced the news during a

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