Markets in Asia-Pacific
are in a state of flux as factors such as new technology, regulations and
settlement standards challenge the traditional methods of trading and clearing
securities. The region’s exchanges are updating their connectivity
infrastructure and introducing new products in an effort to stay ahead of the
competition.
While these
enhancements present an opportunity, participants need to be aware of the
potential for increased complexity and costs as the region adapts to new
operating models.
Asia-Pacific
financial markets are known for being dynamic. But even within that context, a
confluence of factors is transforming the way exchanges operate and how market
participants connect to them.
BNP Paribas
Securities Services has identified six areas these changes fall into:
technological enhancement, settlement cycle reduction, market competition,
product enhancement, international regulation and local regulation.