The two partnerships that the New York Stock Exchange NYSE inked with Asian bourses last year first with the Singapore Stock Exchange SGX in July, followed by a partnership with the Indonesia Stock Exchange IDX in November are part of its wider strategy to attract more international listings last year.
Following a challenging 2022 for all listing hubs, the world’s largest stock exchange is optimistic that this year will see volume and deal sizes pick up. It is particularly bullish on IPO-ready companies and unicorns emerging out of Asia Pacific.
“I’ve been to Asia three times in the past seven months,” Cassandra Seier, NYSE head of...