All Entries in the "Malaysia" Category
Bursa Malaysia Launches New Derivatives Clearing and Settlement System
Bursa Malaysia Derivatives Berhad (BMD) has launched a new derivatives clearing and settlement system to provide faster and more efficient clearing and settlement services for its Clearing Participants. The new clearing and settlement system, which went live on Monday, 27 February 2012, will pave the way for the introduction of new derivative futures and options [...]
Bursa Malaysia Announces 2011 Earnings
* Operating revenue at RM381.3 million, up 15% * Securities trading revenue at RM193 million, up 15% * Derivatives trading revenue at RM51.2 million, up 36% * Operating expenses at RM214 million, up 8% * Average daily trading value for securities at RM1.79 billion, up 14% * Market capitalisation at end-December 2011 at RM1.29 trillion, [...]
Bursa Malaysia Loosens Restrictions for Local Derivatives Traders
Individuals who aspire to be professional derivatives traders or Local Participants can now do so by attending a two-day familiarisation programme with Bursa Malaysia Derivatives. A Local Participant is a professional derivatives trader who trades their own account, or is a self-employed trader. With the easing of entry requirement, candidates no longer need to take [...]
Bursa Malaysia Derivatives Introduces Negotiated Large Trade Facility
Market participants can now transact large-sized orders on futures contracts listed on Bursa Malaysia Derivatives via the Negotiated Large Trade (NLT) facility. This newly introduced facility allows large trades to be transacted at a single price, thereby minimising slippage and execution uncertainties. This service is available for the KLCI Index Futures (FKLI), the Crude Palm [...]
Bursa Malaysia Reports 3Q2011 Profit up 39%
Key Financial & Market Highlights (3Q2011 against 3Q2010) * Net profit at RM38.6 million, up 39% * Total operating revenue at RM96.1 million, up 21% * Securities trading revenue at RM48.9 million, up 20% * Derivatives trading revenue at RM13.4 million, up 39% * Total expenses at RM53.1 million, up 11% * Daily average trading [...]
Bursa Malaysia Derivatives Total Contracts Hit 31 Year High
Bursa Malaysia Derivatives Berhad’s (BMD) total trading volume hit a new record of 6,228,632 contracts as of the close of mid-day trading September 28, surpassing the previous annual high of 6,202,686 contracts recorded for the whole of 2007. This is the highest ever number of contracts traded annually since 1980. Dato’ Tajuddin Atan, Chief Executive [...]
Bursa Malaysia Reprimands and Fines Macquarie and Two Former Heads of Dealing
Bursa Malaysia Securities Berhad (Bursa Securities) has publicly reprimanded and imposed fines of RM50,000, RM25,000 and RM10,000, respectively, on Macquarie Capital Securities (Malaysia) Sdn Bhd (Macquarie); Thomas Chin Yun Phin (Chin); and Hilton Lee (Lee) for inflating trades in several securities over a period of eight months. Chin and Lee were Macquarie’s former Heads of [...]
Bursa Malaysia Index Outage
Bursa Malaysia would like to notify the market that the index value for all FTSE Bursa Malaysia indices including the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) could not be disseminated since 9:00am. Bursa Malaysia will periodically announce the benchmark index values on a progressive basis via the Bursa Malaysia website and to [...]
Bursa Malaysia Reports 1H Earnings
Increase to RM76 million due to increased trading activities and stable income. Key Financial & Market Highlights (1H2011 against 1H2010) * PATAMI of RM76.2 million, up 37% * Total operating revenue at RM200.3 million, up 27% * Earnings Per Share up 36% * Annualised ROE up 29% * Cost-to-income ratio down 7% * Securities trading [...]
Bursa Malaysia Kicks Out Broker For Putting Trades in Wife’s Account
Bursa Malaysia Securities Berhad (Bursa Securities) publicly reprimanded, imposed a fine of RM50,000 and ordered to strike off Yap Boh Hian (Yap) from the Register as a Dealer’s Representative (DR) for engaging in unlawful/unethical trading activities/practices through non-permissible contract amendments (the breach). In this regard, Yap had transferred numerous profitable trades from his other clients’ [...]
