SPSE inks MOU with Colombo Stock Exchange
January 17, 2019 10:01 am
The South Pacific Stock Exchange has expanded its information gathering pool through inking an MOU with the Colombo Stock Exchange.
This MOU will assist in establishing mutual development opportunities in the Fijian and the Sri Lankan capital markets.
SPSE, Chief Executive, Krishika Narayan says the MOU enables the two exchanges to work together on cross-border collaboration of information and knowledge which can enhance market development.
“These benefits can be particularly important for activities that often fall exclusively to securities exchanges in any given country, such as investor awareness initiatives, advancing trading and settlement and integrating market data with website development.”
The MOU also can facilitate staff secondments to further explore ways to share knowledge and means to develop the respective exchanges further.
Narayan says CSE is a larger, more developed exchange and presents an ideal partnership opportunity for the SPSE to gain greater insight about technological advancements.
CSE says through this collaboration effort both the exchanges envisage further growth in their respective capital markets and look forward to fostering a propitious business relationship going forward.