Securities depositaries look at cross-border linkages

But pan-Asian market infrastructure not really necessary until intra-regional trading volume increases.

It seems like a good time of year to be talking about the future of global capital markets infrastructure, and for a change most of the talking is being done in this time zone. ACG5, the fifth annual meeting of the Asia-Pacific CSD Group, which links the region's Central Securities Depositaries CSD was held in Kuala Lumpur last week ahead of the global level conference, CSD6, in Sydney from October 10 to 12.

This will be followed by SWIFT's annual industry forum, Sibos, in Singapore the week after that, which brings together a wider range of market participants.

High on the agenda of the CSD's discussion list, and also to some...

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