One-stop shop of real time financial market data, news, information and tools to give equity investors a competitive edge and promote growth in the ASEAN region
SINGAPORE - Media OutReach - 18 February 2020 - ASEAN Exchanges, a collaboration of six exchanges
from Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, has
selected Refinitiv's digital solutions to power its online platform, providing
critical data and insights to retail and institutional investors and helping to
promote investment in the ASEAN region.
Formed in 2019, the ASEAN Exchanges collaboration aims to
promote the growth of the ASEAN capital markets by increasing ASEAN investment
opportunities to more investors and promoting greater liquidity amongst members. The
group has several key focus areas including educating local investors on equity trading; providing
them with a platform to source information and trade ideas; promoting cross
border equity trading within the ASEAN region and attracting capital inflows to
spur trading volumes.
Refinitiv's unique
content, data sets and analytics have been integrated into ASEAN
Exchanges newly launched website offering a "one-stop shop" of real time
financial market data, news and information and tools to give equity investors
a competitive edge.
According to a recent report by the Association of Southeast Asian Nations, economic
growth in the ASEAN region continues to average 5.4% and with a population of
650 million and fast-growing wealth, it is also becoming an economic
superpower. Singapore's
Prime Minister, Lee Hsien Loong, has predicted that ASEAN will become the
fourth largest economy in the world by 2030.
"ASEAN is a dynamic and fast-growing
part of the world, providing compelling investment and growth
opportunities. Refinitiv is at the
forefront of providing the data, information and infrastructure needed to
empower markets, investors, businesses and companies. We are proud to support ASEAN
Exchanges which represents all the key exchanges in the region, as we continue
to work closely with the equities trading community," said Steven Carroll,
Managing Director, ASEAN at Refinitiv.
"The new ASEAN Exchanges website
together with integrated data solutions from Refinitiv will serve as a
single platform providing investment information across six
ASEAN countries to global investors. Through this new enhancement, ASEAN Exchanges has gained support from
research houses in ASEAN in providing valuable investment research papers,
accessible by any investors. ASEAN Exchanges will continue to work with best in
class partners to build greater services to investors," said Pakorn
Peetathawatchai, President, The Stock Exchange of Thailand on behalf of ASEAN
Exchanges.
About Refinitiv
Refinitiv is one of the world's largest providers of
financial markets data and infrastructure, serving over 40,000 institutions in
over 190 countries. It provides leading data and insights, trading platforms,
and open data and technology platforms that connect a thriving global financial
markets community - driving performance in trading, investment, wealth
management, regulatory compliance, market data management, enterprise risk and
fighting financial crime.
