ASEAN Exchanges is a collaboration of the 7 exchanges from

Malaysia Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and thre ...

Vietnam Vietnam, officially the Socialist Republic of Vietnam (SRV), is a country at the eastern edge of mainland Southeast Asia, with an area of about and a population of over 100 million, making it the world's List of countries and depende ...

(2 exchanges),

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, ...

Philippines The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a tot ...

Thailand Thailand, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. With a population of almost 66 million, it spa ...

and

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

to promote the growth of the

ASEAN The Association of Southeast Asian Nations, commonly abbreviated as ASEAN, is a regional grouping of 10 states in Southeast Asia "that aims to promote economic and security cooperation among its ten members." Together, its member states r ...

capital market by bringing more ASEAN investment opportunities to more investors. The collaboration is working with partners to build greater liquidity amongst members by: * Streamlining access to and within ASEAN * Driving cross border harmonisation * Creating ASEAN centric products and implementing targeted promotional initiatives * Improving efficiency amongst member exchanges

Market integration

On 18 September 2012, the ASEAN Exchanges collaboration launched the ASEAN Trading Link, a gateway for securities brokers to offer investors easier access to connected exchanges. Bursa Malaysia and Singapore Exchange were the first two exchanges to join the link on the launch day, while The Stock Exchange of Thailand joined on 15 October 2012, creating a virtual market of over 2,200 listed companies and US$1.4trillion combined market capitalisation. The purpose of the trading link is to connect the securities markets of the ASEAN exchanges, essentially making it just as easy for investors to trade in other ASEAN capital markets as it is to trade in their own domestic market. Also on 15 October 2012, ASEAN Exchanges launched a new website, featuring aggregated ASEAN market data and analytics. On April 8, 2011 ASEAN member countries have launched a new joint website promoting the region's blue chip equities to global investors as a commitment to integrating their stock exchanges by 2015.

The exchanges

Bursa Malaysia Bursa Malaysia (English: Malaysian Bourses or Malaysia Exchange) is the stock exchange in Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It p ...

, formerly

Kuala Lumpur Kuala Lumpur (KL), officially the Federal Territory of Kuala Lumpur, is the capital city and a Federal Territories of Malaysia, federal territory of Malaysia. It is the largest city in the country, covering an area of with a census population ...

Stock Exchange (KLSE),

* HNX,

Hanoi Hanoi ( ; ; ) is the Capital city, capital and List of cities in Vietnam, second-most populous city of Vietnam. The name "Hanoi" translates to "inside the river" (Hanoi is bordered by the Red River (Asia), Red and Black River (Asia), Black Riv ...

Stock Exchange,

HOSE A hose is a flexible hollow tube or pipe designed to carry fluids from one location to another, often from a faucet or hydrant. Early hoses were made of leather, although modern hoses are typically made of rubber, canvas, and helically wound w ...

, HoChiMinh Stock Exchange,

* IDX, Indonesia Stock Exchange, previously

Jakarta Jakarta (; , Betawi language, Betawi: ''Jakartè''), officially the Special Capital Region of Jakarta (; ''DKI Jakarta'') and formerly known as Batavia, Dutch East Indies, Batavia until 1949, is the capital and largest city of Indonesia and ...

Stock Exchange,

* PSE, Philippine Stock Exchange,

SET Set, The Set, SET or SETS may refer to: Science, technology, and mathematics Mathematics *Set (mathematics), a collection of elements *Category of sets, the category whose objects and morphisms are sets and total functions, respectively Electro ...

, The Stock Exchange of Thailand,

* SGX, Singapore Exchange,

Combined market capitalization

The combined market capitalisation of ASEAN Exchanges was US$2.1trillion, with over 3,600 listed companies, as at end August 2012.

The ASEAN asset class

There are currently two ASEAN equity indices: * FTSE/ASEAN Index, the regional benchmark index, representing 90-95% of the investable market capitalisation * FTSE/ASEAN 40 Index, a tradable index consisting of the top 40 constituents from FTSE/ASEAN index, ranked by market capitalisation. There are three Exchange Traded Funds (ETFs) that track the FTSE/ASEAN 40 Index: * GLOBAL X FTSE ASEAN 40 ETF, listed on the New York Stock Exchange (NYSE), Bloomberg ticker ASEA:US, Reuters code ASEA.P * CIMB FTSE ASEAN 40 MALAYSIA, listed on Bursa Malaysia, Bloomberg ticker CIMBA40 MK, Reuters code CIAM.KL * CIMB FTSE ASEAN 40, listed on Singapore Exchange, Bloomberg ticker ASEAN SP, Reuters code CFTS.SI In addition to the FTSE indices, the ASEAN Stars, a selection of the ASEAN Top 180 blue chip stocks representing the most exciting 30 companies of each exchange, are provided on the ASEAN Exchanges website, along with market data for each stock. The goal of the ASEAN Stars is to provide brokers and investors with an easily identifiable reference of blue chip companies on each exchange, ranked in terms of market capitalization and liquidity.

References

External links