Activities

Place: Bankgok Host: SET

Agenda:

- Investor Education Working Group Meeting - ESG Investment for Investors

・Sharing and Discussion: Developing ESG Investment for Investors

・ESG Regulations and Responsible Investment

・Enhancing Business Value by Integrating ESG Practices

・ESG Investment from Why to Why Not

Place: Singapore Host: SGX

Agenda:

- Welcome Remarks: Mr. Loh Boon Chye, CEO of Singapore Exchange

- Admission of a New Member (Dhaka Stock Exchange)

- Keynote Speech: The Future of Financial Markets by Mr. Antony Lewis, Director of Digital Assets, R3

- Working Committee Report

- SGX Post Trade Journey Past, Present and Future of the Singapore Post Trade Environment

- Progress Report of Discussion Groups

・Corporate Governance

・Information Disclosure

・Investor Education

- Brief Market Report by Each Member

- New Challenges Ahead - Sustainability

Place: Hanoi Host: HNX

Agenda:

- Brief Report by Each Member

- Study Group Updates & Breakout Session - Investor Education, Corporate Governance, Information Disclosure

Place: Shanghai Host: SSE

Agenda:

- Welcome Remarks: Mr. Huang Hongyuan, President of Shanghai Stock Exchange

- Keynote Speech: The Future of the Exchange Industry by Ms. Nandini Sukumar, CEO of WFE

- Working Committee Report

- Progress Report of Discussion Groups

・Investor Education

・Corporate Governance

・Information Disclosure

Session 1: Regulation

・See-through Supervision by Mr. Zhu Sheng, Shanghai Stock Exchange

・Cross-border Regulation Cooperation: by Ms. Xiao Bailing, Shenzhen Stock Exchange

- Brief Market Report by Each Member 

- Session 2: The trend of exchange industry by Mr. Jeremy Capstick, Managing Director, Head of EMEA Market Structure team, FIG, JP Morgan

- Session 3: From buzzwords to reality

Place: Taipei Host: TPEx

Agenda:

- Member Updates 1: Capitalizing on Bursa Malaysia-i to promote ASEAN as an asset class

- Member Updates 2 - Members’ Report (Roundtable)

- Challenges Ahead

Place: Ho Chi Minh City Host: HOSE

Agenda:

- Opening Remarks: Mr. Tran Van Dzung, Chairman of Hochiminh Stock Exchange

- Keynote Address : Mr. Vu Bang, Chairman of State Securities Commission of Vietnam

- Working Committee Report

- Brief Market Report by Each Member 

- Roundtable Discussion 1: Market Transparency – Recent Updates and Enhancement

- Roundtable Discussion 2: Startup Market – The role of the Stock Exchange

- Roundtable Discussion3: Change driven financial market – Keeping up with international development

- Open Session

・Topic 1: Introduction of characteristic products of bond markets

・Topic 2: The possible influence and impact on Asian stock markets for the sake of MSCI weight adjustment

Place: Singapore Host: SGX

Agenda:

- Fintech

- Market Updates

- Enhancing Liquidity

- Updates on Market Linkage Programs

Place: Bangkok Host: SET

Agenda:

- Opening Remarks: Mrs. Kesara Manchusree, CEO, The Stock Exchange of Thailand

- Top Executives’ Presentation on Business Strategy in 2016 and Beyond

- Working Committee Report

- Brief Market Report by Each Member 

- Keynote Speech: Dr. Kobsak Pootrakool, Vice Minister for office of the Prime Minister

- Roundtable Discussion1: Sustainability

- Roundtable Discussion2: Exchange Bond Market

- Fintech Disruption: The Challenges in Capital Markets by Ms. Pornthip Kongchun, Chief Operating Officer, JITTA

 Place: Tokyo Host: JPX

Agenda:

- Perspective of Global Index Provider for Further Development of Asian Capital Markets by Mr. Seiichiro Uchi, Managing Director, MSCI, Inc.

- Keynote Presentation from the Financial Services Agency of Japan

- Case Study: Analysis of U.S. Securities Market Structure and its Implications

- Fintech and Innovation for the Future

- Member Presentations

・SET and its Role in Supporting Regional Growth

・Recent development at SSE including Shanghai-Hong Kong Stock Connect

・Development of NEEQ for Past Year

・HNX - 2015 Year in Review

・Proposal for Asian Surveillance Seminar

Place: Tokyo Host: JPX

Agenda:

- Opening Remarks: Mr. Atsushi Saito, Group CEO, Japan Exchange Group

- Keynote Speech: Mr. Haruhiko Kuroda, Governor, Bank of Japan

- Market updates report from member exchanges

- Admission of a New Member (National Equities Exchange and Quotations)

- Working Committee Report and Follow-up Presentation

・Report on Market Linkage and Connectivity Study Market Linkage and Connectivity Study

・Special Presentation on the Market Linkage/Cooperation Initiatives

- Roundtable Discussion

・Role of Stock Exchanges in Driving Corporate Growth and Value Creation

・Market Structure Reforms and Regulation to Enhance Liquidity and Stability of Markets

Place: Tokyo Host: JPX

Agenda:

- Discussion on "Survey on Working Committee Activities and Issues Related to Membership Criteria"

Place: Shanghai Host: SSE

Agenda:

- Building and Nurturing SME Markets

- Keynote Speech: Dr. Shao Yu, Chief Economist, Oriental Securities Co., Ltd.

- Marketing Activities to Raise the Appeal of your Market, Products and Services among Overseas Investors

- Market Linkage and Connectivity Initiatives

Place: Mumbai Host: NSE

Agenda:

- Opening Remarks: Ms. Chitra Ramkrishna, MD & CEO, NSE

- Brief Market Report by Each Member

- Roundtable Discussion 1: Expanding the Retail Investor Base

- Roundtable Discussion 2: Building and Nurturing SME Markets

- Roundtable Discussion 3: Resent Developments in Connectivity Services

- Roundtable Discussion 4: Sharing Experiences on Derivative Market Developments

- Report from the Working Committee Chairman

Place: Ho Chi Minh City Host: HNX

Agenda:

- Order Matching Methodology Adopted by AOSEF Exchanges 

- How to Prevent and Mitigate Erroneous Orders/Rogue Algorithm and Trade Cancellation Policy

- Perspectives from Market Participants for Best Practice 

- Developing Process of Trading Systems: Analysis of Business Requirements and Solutions Applied

- Making the Best Use of Off-the Shelf Trading Engines

Place: Shenzhen       Host: SZSE

Agenda:

- Keynote Speech: Mr. Dr. Wang Jian, Director &Founder, BGI

- Market updates report from member exchanges

- Brief Market Report by Each Member

- Amendments to the AOSEF Charter and Adoption of a New Internal Rule

- Dialog with WFE

- Roundtable Discussion

 ・How can Exchanges Contribute toward nurturing a Bond Market in Asia?

・Exchanges’ Business Model from perspective of Demutualization, Consolidation, and Business Domain

・Foreign Investment and Globalized Exchanges

Place: Bangkok　Host: SET

Agenda:

-  Amendment of the AOSEF Charter and adoption of a new internal rule

-  Collaboration with WFE Market Structure & Fragmentation Task Force

-  Proposal for New Study

It is proposed that a new project to study market rules and AOSEF member exchange structures shall be beneficial for member exchanges and the development of members' markets.

Along with the Working Committee meeting, a Workshop: "Cross-border cooperation of exchanges" was also organized.

For the following topics, presentations were conducted, followed by active discussion among the members.

-  ASEAN exchanges initiatives

-  Indochina cooperation

-  Myanmar cooperation

-  Cooperation of exchanges in Greater China

-  BRIC cooperation

Place: Sydney　Host: ASX

Agenda:

-  Keynote Speech: Mr. Greg Medcraft, Chairman, Australian Securities & Investments Commission

-  Keynote Speech: Mr. Mike Smith, CEO of Australia and New Zealand Banking Group

-  Market updates report from member exchanges

-  AOSEF Funding

-  AOSEF Roadmap

Based on the discussion held at the Working Committee meeting in Mumbai in December, 2011, it is confirmed that AOSEF should assume a new role and advocate the common interests of regional exchanges to stakeholders including WFE and other regional federations, local and international regulators, and market participants. As short-term tasks, AOSEF will work on enrichment of AOSEF website, reach-out to state-holders, hold a discussion on WFE position papers to form common positions, and organize more workshops for knowledge sharing.

-  Roundtable Discussion

"How are AOSEF Exchanges Addressing Competition and Cooperation Issues"

"Developing the SMEs Market and its Corporate Governance"

Place: Sydney　Host: ASX

Agenda:

-  Summary of Discussions at the General Assembly

-  New Business / New Workshops / New Initiatives

It is agreed to have a workshop, along with the next Working Committee meeting, concerning cross-border cooperation of exchanges, which covers ASEAN exchange cooperation, an initiative among BRIC exchanges, and assistance provided by KRX and TSE to launch new exchanges in Laos, Cambodia and Myanmar.

 Place: Mumbai　Hosts: BSE & NSE

Agenda:

-  As the capital markets change rapidly around the world, we once again discussed the mission of AOSEF to contribute to the development and enhancement of the Asian and Oceanian markets. It is confirmed that besides the networking function, AOSEF will play a main role in advocacy of exchanges and industry in this region.

Objectives of AOSEF

Taking a thought leadership position on issues as a representative of the Asia region

-  Reaching out to international & regional exchange federations

-  Engaging with regional regulatory bodies

-  Engaging with market participants groups

Tasks of AOSEF

1. Enhancement of Secretariat functions 

2. Collaboration with WFE

3. Workshops

The details shall be determined at the General Assembly to be held in March 2012, in Sydney, Australia.

Place: Seoul　Host: KRX

Points:

-  We reviewed the update of Roadmap for AOSEF. Each taskforce leader gave presentation on the topic followed by comments and discussion by members.

・Corporate Governance

・Trading Platform and Associated Regulatory Framework Trends

-  With cooperation from AOSEF, a Global ETF Conference was organized by KRX: http://etfs.krx.co.kr/

Many institutional investors and ETF providers from within and outside of Korea attended the conference, and some AOSEF members gave speeches and joined in the panel discussions. KRX has been responsible for the ETF task force since 2009, and with this Conference, the task force has successfully fulfilled its mandate.

Place: Bali　Host: IDX

Agenda:

-  H.E. Sri Mulyani Indrawati, Finance Minister of the Republic of Indonesia attended the meeting and also gave a keynote speech.

-  Market updates reporting from member exchanges

-  Admission of Hanoi Stock Exchange to AOSEF membership

-  Roundtable Discussion

・Corporate Governance

・Regional Cooperation of Exchanges

Place: Bali　Host: IDX

Agenda:

-  Review of Roadmap for AOSEF after the GA

・Task Force Leaders' reports

・Presentation by ASX: Algorithmic Trading and Market Access Arrangements

Place: Tokyo　Host: TSE

Agenda:

-  We reviewed the updated Roadmap for AOSEF. Each task force leader gave a presentation on the topic followed by comments and discussion by members.

・Understanding Customer needs

・Structured Products: ETF

・New Markets

・Financial Literacy

・Corporate Governance

・Trading Platform Trends and Regulatory Frameworks

-  We had interactive communications with Intermarket Surveillance Group (ISG), a meeting which was also held in Tokyo. We invited Mr. Thomas Gira, the Chairman of the ISG, Executive Vice President of the Market Regulation Department, FINRA and Mr. Andrew Dodsworth, the Deputy Chairman of the ISG, Executive Director of Market Services, NYSE Liffe to give us a presentation.

Workshop: Market Surveillance (July)

Place: Bombay　Hosts: BSE & NSE

Agenda:

-  We had presentations given by some member exchanges regarding their practices on market surveillance

-  Roundtable discussion:

・Market surveillance in India

・Market surveillance in cross-border trading

・Introduction and a case study of Tokyo Stock Exchange market surveillance

・Role of government regulators and exchanges on market surveillance

・Impact of DMA on market surveillance

-  Asia Oceania CCP (Central Counter Party) meeting was also held with the Workshop.

Place: Cebu　Host: PSE

Agenda:

-  H.E. Gloria Macapagal-Arroyo, President, Republic of the Philippines attended the meeting and also gave a keynote speech.

-  Market updates reporting from member exchanges

-  Roundtable Discussion

・Financial crisis and the exchanges

・ASEAN Trading Link

Place: Cebu　Host: PSE

Agenda:

-  Review of Roadmap for AOSEF after the GA

・Finalizing the Template for Topics and Projects

・The timeline/schedule for implementation

Place: Kuala Lumpur　Host: BM

Agenda:

-  Road Map for AOSEF: Presentation and discussion

-  Discussion Session :Credit Crisis - “How has it impacted Exchanges within the region?”

-  AOSEF website renewal

-  Suggestion for the project/initiatives for 2009/2010

-  Membership

Please refer to the file below for archived information