With South Asian institutional coordination remaining in limbo for decades, it is a breakthrough of sorts to see a tripartite bourses deal in the making. The stock exchanges of Colombo, Dhaka and Islamabad took a leaf forward as they signed an MoU to work closely in the arenas of technology development, manpower, investment protection, regulation and product enhancement.

The primary intention was to overcome individual capacity deficiency in operational constraints due to their relatively small size and the onslaught of technology and........

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