Business

Published: Monday November 9, 2009 MYT 3:20:00 PM

Bursa Malaysia introduces DMA trading for equities Monday


KUALA LUMPUR: The Kuala Lumpur stock exchange which introduced the Direct Market Access (DMA) trading solution for the equities market Monday, expects to attract a new segment of trading participation given its greater accessibility.

The electronic trading solution which enables investors to route orders directly to the stock market for immediate execution, is aimed at enhancing trading efficiency and accessibility for market participants, Bursa Malaysia said in a statement Monday.

With the DMA for equities, the local bourse now provides a complete infrastructure for both its equities and derivatives markets.

"We are confident that similar to our experience with DMA derivatives, DMA equities will attract new segments of trading participation," chief executive officer Datuk Yusli Mohamed Yusoff said in the statement.

The DMA derivatives was launched April last year.

Yusli said the exchange remained committed to investing in the right technologies to promote market accessibility and liquidity, as well as increasing its trading efficiencies.

"This will enable us to meet the requirement for growth and alignment with international trading practices," he added. - Bernama


BURSA : [Stock Watch] [News]


For latest Bursa Malaysia indices, charts and other information click here

  • E-mail this story
  • Print this story