Mumbai, Tuesday 17 November 2015: Asia Pacific Finance Institute of Australia (APFIA), a member of Asia Pacific Stock Exchange (APX) located in Sydney, and the BSE Institute Limited (BIL), a wholly owned subsidiary of the Bombay Stock Exchange, have entered into a Memorandum of Understanding to jointly explore opportunities in financial & capital markets and to further develop the securities industry in the markets that each entity represents.
In particular, the APFIA and BIL will co-operate in the development of training courses for company directors and executives in Australia and emerging markets.
Mr. George Wang, Executive Director of APX, said “We are delighted to be partnering with BIL in this initiative. BIL has a good track record for the development and delivery of education systems and content.”
“Given the APX focus on bridging the capital markets between Australia and Asia, it is important that company directors and executives have a good understanding of their obligations in the APX markets. Education will be key to the quality of the companies seeking to list on APX” Mr Wang said.
Mr. Ambarish Datta, Managing Director of BIL said “We are pleased to be joining with APX to deliver education offerings in the Asian region. It further extends our vision to be the most sought after learning provider in the world in areas of financial and leadership learning. We have been training the market regulators and exchange professionals in the Asia Pacific region over the last few years, we are confident that this collaboration will help us extend our offerings further. ”
For further information on the BSE Institute Ltd check http://www.bsebti.com
About Asia Pacific Stock Exchange (APX)
Asia Pacific Stock Exchange (APX) is a securities exchange in Australia located in Sydney, Australia, with a market license granted by the Australian Securities & Investments Commission (ASIC). APX provides opportunities for growth oriented companies to raise the capital they need for expansion from a diversified range of domestic and international investors, especially from the Asia-Pacific region. APX offers Chinese market participants an alternative listing venue to the Shanghai and Shenzhen stock exchanges in China.
APX operates its official list of securities as a Main Board, but it has the flexibility that a Second Board provides as well. APX will provide and develop specialised markets in a number of sectors including resources, oil & gas, real estate, technology, agribusiness, services and growth companies.
As a securities exchange, APX provides ‘listing’ facilities to companies and securities issuers as well as ‘trading’ facilities for stock brokers, traders and investors to buy and sell shares/securities. The securities that can be traded on APX will include: shares issued by companies, units issued by trusts and other pooled investment products as well as fixed interest instruments, such as bonds. More information at www.apx.com.au.
APX is a wholly owned subsidiary of the AIMS Financial Services Group, an Australian diversified financial services and investment group, active in the areas of mortgage lending, securitisation, corporate advice, funds management, property investment and high-tech investment. More information at www.aims.com.au.