Success of integrated stock trading within Asean region is still far from certain as concerns that such link will blunt market participants' competitiveness against regional rivals have damped their efforts to deepen the integration.
Exchanges in Singapore, Malaysia and Thailand were the first to join the so-called Asean Trading Link, a system created in 2012 allowing investors to trade on one another's markets. But the platform has not attracted not much interest, said Tipsuda Thavaramara, deputy secretary-general of the Securities and Exchange Commission (SEC).
The trading link has not been active in the Thai stock exchange due to limited trading settlement system, she said.