BURSA Malaysia's Bursa Trade Securities, the trading platform for the securities market, will be undergoing some enhancements on its trading phases for the morning session.
The changes, which will take effect on October 26 will see two features, the Pre-Closing and Trading-At-Last be removed from the morning session, resulting in additional 15 minutes of continuous trading.
"This improvement is made in consultation with the market participants who echoed their support in making trading experience seamless and opportunities continuous for investors," said Bursa Malaysia chief executive officer Datuk Yusli Mohamed Yusoff in a statement yesterday.
The Pre-Closing phase is intended to mitigate price manipulation and is especially suited for the end of trading day.
The Trading-At-Last feature, which consists of the last 10 minutes of a trading day, will provide traders with the opportunity to trade at the closing price of a stock.
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- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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