Plan for cross-listing of stocks

The South Asian Federation of Exchanges (SAFE), meeting in Dhaka last week, set in motion the process of cross-listing local stocks in each other's countries by deciding to establish the SAFE-Index this year.

Published on February 8, 2008

Likewise, the South Asian Securities Regulators' Forum discussed preparing a regulatory framework to clear the way for regional stock trading in New Delhi last week.

The plan is to integrate the share markets of South Asian countries. It will permit companies to raise capital by floating shares in another country besides providing investors an opportunity to profit from arbitrage.

Both the meetings were attended by regulatory heads and capital-market operators from Nepal, Bangladesh, Sri Lanka, Mauritius, Pakistan and the Maldives.

The Kathmandu Post

Asia News Network

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RP seen weathering slowdown
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Plan for cross-listing of stocks
The South Asian Federation of Exchanges (SAFE), meeting in Dhaka last week, set in motion the process of....

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Plan for cross-listing of stocks

The South Asian Federation of Exchanges (SAFE), meeting in Dhaka last week, set in motion the process of cross-listing local stocks in each other's countries by deciding to establish the SAFE-Index this year.

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RP seen weathering slowdown

Plan for cross-listing of stocks

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