STOCKS | Staff Reporter, Singapore

SGX's Malaysian trading link to boost share volume

It could boost RHB's forecast of $1.39b.

The linking of the Bursa Malaysia (BM) and Singapore Exchange (SGX) is likely to boost securities average trading volume (SADV) in 2019, RHB said.

Singapore Business Review previously reported that Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) will link the stock market trading between the two exchanges by end of this year.

There will be joint regulatory supervision by both MAS and the SC.

According to a report, the network should help to improve trading activities on SGX.

RHB forecasted SADV to hit $1.39b in 2019, compared to the 2Q2018 figure of $1.14b.

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