INSUBCONTINENT EXCLUSIVE:
The Dhaka Stock Exchange (DSE), Pakistan Stock Exchange (PSX) and Colombo Stock Exchange (CSE) have signed a tripartite Memorandum of
create an exchange forum to facilitate technology development and sharing, human resource sharing, product development, regulatory
collaboration, investor protection, and knowledge exchange across the three markets, reads a press statement issued by the DSE.The MoU
signing ceremony held in Colombo was attended by DSE Chairman Mominul Islam, Colombo Stock Exchange Chairman Dilshan Wirasekara, Securities
and Exchange Commission of Pakistan Chairman Akif Saeed, along with directors and senior officials of the institutions.Commenting on this
exchange of resources and experience and joint investment in technology, our stock exchanges will be able to play an effective role in
building efficient and strong capital markets in their respective countries
Working together, we can unlock opportunities for prosperity and innovation in our financial ecosystem, which will bring benefits to
initiative will foster deeper regional cooperation among the three South Asian nations while creating new opportunities for investors and
and knowledge-sharing initiatives, collaborative development of new financial instruments, harmonization of market oversight and investor
protection frameworks, exploration of cross-border listing opportunities to expand investor access and facilitation of broker partnerships
marks a significant step forward in regional market integration
By combining our strengths, these three exchanges can drive innovation, enhance market resilience, and create new opportunities for
and product diversity, strengthen regulatory frameworks across the region, facilitate cross-border investment flows and promote
technological innovation in market infrastructure, the PSX statement said.Source: The Business Standard--Agencies
