Currently under a conceptual framework, the online trading platform is being developed in collaboration with key stakeholders, including government agencies and the private sector.
Expected to work as a one-stop gateway for capital raising and trading of securities of start-up companies and small-to-medium sized entities, the platform will also supply long-term risk capital and expand the financing base for innovation and local enterprises.
The trading system will tap the advantage of technology and social media tools, and will be supported by an Infomediary platform to offer essential linkages and services for an integrated virtual market place, according to the SC.
Further, the online trading and Infomediary platforms will connect the capital market to an array of alternative investments products, such as ventures, creative works and socially responsible investments.
The SC has also requested the interested parties to submit their proposals to manage the platform.
