Written by Bernama
Monday, 09 November 2009 21:33
KUALA LUMPUR: The Kuala Lumpur stock exchange which introduced the Direct Market Access (DMA) trading solution for the equities market today, 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.
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
About Me
- 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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