Oct 18 (Reuters) - Singapore Exchange Ltd SGXL.SI and Nasdaq Inc NDAQ.O announced a pact on Wednesday that will allow firms to tap the capital markets possibly simultaneously under the two exchange operators' namesake exchanges.
The tie-up would help fast-growing Asian companies to list on the SGX and subsequently pursue a Nasdaq listing as they expand globally, SGX Chief Executive Loh Boon Chye said in a statement. and U.S.-based Nasdaq - which are also in a long-term market technology partnership - are gauging interest among companies that could seek a concurrent or sequential listing on both the SGX and the Nasdaq, the exchange operators said.