South-east Asian Brokers look beyond their boundaries

Two trends will continue develop in South East Asia in 2010: more cross-asset and more cross-border trading. Watch Hui Yew Ping, managing director of OCBC Securities -one of the largest stock broking firms in Singapore-describe the trends impacting South East Asia, the company’s focus and its experience  working with SunGard Global Trading.

Brokers increasingly want to offer multi-market and multi-asset products to their clients. Such offerings have been facilitated by the development of electronic trading generally and direct market access (DMA) specifically in the region. As clients’ and investors’ demands become more sophisticated, local brokerages will look for new technologies and access to new markets to support multi-asset and multi-trading strategies.

At the same time, cross-border trading is becoming more important for Asian exchanges, especially within ASEAN countries. The stock exchanges of Singapore, Malaysia, Thailand, Indonesia, and Philippines have agreed to form an ASEAN electronic trading link. This will allow cross-border trading through a single access point and, should help to further attract international funds. The member exchanges expect the e-trading link to be operative in 2010. Brokers will then be able to trade in ASEAN-listed securities through a single link on behalf of both local and international investors.

Hui Yew Ping, managing director, OCBC Securities

Consolidating a trading platform for global multi-market trading

OCBC Securities, one of the largest stock broking firms in Singapore, relies on SunGard’s GL Stream and GL Net solutions to stay ahead of industry trends. Watch this video to gain insight about the trends impacting Singapore’s brokers and how GL Stream and GL Net can help to facilitate and enable the multi-market trading strategy.