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The Stock Exchange of Thailand (SET) and Clearstream Banking S.A., an international central securities depository, today signed a memorandum of understanding (MoU) to strengthen the joint investment funds business through the online linkage between SET’s mutual fund platform FundConnext and Clearstream’s global fund processing platform Vestima. This cross-border cooperation aims to broaden access to the Asian investment fund markets for international investors.
The linkage between the two platforms is in response to foreign investors’ demands for the Thai funds market. It will facilitate order routing, asset servicing and settlement services for Thai domestic investment funds. The implementation of the link will be announced in due course, subject to further...
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