Thailand backs cash equity CCP linkage model

Thailand's Securities and Exchange Commission has endorsed the creation of a model that would see cash equity central counterparties (CCPs) within the Association of South East Asian Nations (Asean) acting as clearing members for each other.

A cross-border trading link was established in September by a group of seven South-east Asian stock exchanges, with the aim of providing a single access point to ease cross-border trading and attract more international flows into the region. Since then, the