Prepare for flight: Singapore frets as Kuala Lumpur goes scripless.

There is a possibility that Singapore may lose out if Kuala Lumpur, Malaysia, succeeds in becoming a regional financial capital. Of the many reforms planned for the Kuala Lumpur Stock Exchange, the one that probably concerns Singapore most is the move to so-called scripless trading of equities. En...

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Detalles Bibliográficos
Publicado en:Far Eastern Economic Review Vol. 158; pp. 59 - 61
Autor principal: Hiebert, Murray
Formato: Artículo
Publicado: Review Publishing Company Ltd. August 31 1995
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:There is a possibility that Singapore may lose out if Kuala Lumpur, Malaysia, succeeds in becoming a regional financial capital. Of the many reforms planned for the Kuala Lumpur Stock Exchange, the one that probably concerns Singapore most is the move to so-called scripless trading of equities. Ending traditional paper transactions would reduce the cost of trading stocks in Kuala Lumpur and make it a more appealing market compared to Singapore's Central Limit Order Book (Clob) International exchange. The two options that Malaysia's new market will leave with Singapore's investors are considered.