CLSA Singapore; Asia's Leading Brokerage Admitted To Trade Australian Equities

Monday November 5 9:13 AM

Hong Kong, China, Nov 5, 2007 - (ABN Newswire) - CLSA Singapore Pte Ltd., a subsidiary of CLSA Asia-Pacific Markets ('CLSA'), Asia's leading, independent brokerage and investment group has been admitted as an Offshore ASX Market Participant of the Australian Securities Exchange ("ASX").

Admission to participate in the ASX will enable CLSA to link Australia to its pan Asian electronic execution platform giving greater Australian market access to its global client base of institutional investors.

CLSA already has one of the leading electronic execution platforms in Asia providing execution and clearing services for all Asian listed markets with direct market connectivity to 15 exchanges and order routing for 22 cash exchanges in 17 countries and four Futures exchanges.

Chairman and CEO Rob Morrison said that access to the Australian market would further strengthen the company's position as Asia's leading brokerage and give global clients better access to one of the most dynamic and liquid equity markets in the region.

"We have had consistent demand from our clients to add Australia research and execution capability that is differentiated to the standard product already available. As such, it was always our intention to complement our Asia market coverage with access to Australian equities. This new license will enable seamless trading for our clients through CLSA's electronic systems and products."

CLSA is one of the top-ranked equity brokerages in Asia and one of the world's largest agency brokers.

Renowned for its product innovation and award-winning market intelligence, CLSA has built its reputation on unrivalled equity research and economic analysis which is consistently voted as the best in Asia. With admission to trade in Australian securities, the company plans to expand its coverage over time to include Australian companies.

Additional information is available at http://www.clsa.com

Source: OzMedia http://www.ozmedia.com.au


About CLSA Asia-Pacific Markets:

CLSA Asia-Pacific Markets is a leading, independent investment group in Asia focused on delivering investment banking, capital markets, equity broking and alternative investment services to global corporate and institutional clients.

Renowned for its product innovation and award-winning market intelligence, CLSA has built its reputation on unrivalled equity research and economic analysis which is consistently voted as the best in Asia. CLSA ranked No.1 for Most Accurate Research in Asia in Bloomberg's poll 2006; No.3 overall in Institutional Investor's All-Asia Research Poll 2006; and No.2 in The Asset's Asian Equities Benchmark Survey 2005.

CLSA is one of Asia's largest independent equity brokerages and one of the world's largest agency brokers. The group's investment banking and equity capital markets services include M&A advisory, equity transactions and public offerings. Alternative asset management is offered through eight Asia-based funds under CLSA Capital Partners.

Founded in 1986 and is headquartered in Hong Kong, CLSA has more than 1,000 dedicated professionals located in 15 Asian cities, plus Dubai, London and New York. CLSA's major shareholder is France's Credit Agricole, which merged in 2003 with Credit Lyonnais, to form the 8th largest bank in the world by Tier One capital and the 6th largest bank in the world by assets. CLSA enjoys substantial staff ownership which contributes to its independent stance and operations.

Contact:
Simone Wheeler                            
Head of Communications
CLSA Asia-Pacific Markets
Tel: +852 2600 8196
Fax: +852 2530 0827
Email: simone.wheeler@clsa.com

Mandy Ho
Assistant Marketing & Communications Manager
CLSA Asia-Pacific Markets
Tel: +852 2600 8193
Fax: +852 2530 0827
Email: mandy.ho@clsa.com
 


Source:

CLSA Asia-Pacific Markets

Copyright (C) 2007 ABN Newswire. All rights reserved.
ABN Newswire

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