Bursa Malaysia Derivatives introduces Internet futures trading

Source: Bursa Malaysia

Bursa Malaysia Derivatives (BMD) announced the launching of its internet connectivity facility for futures traders to trade its derivatives products directly via the web-version of BMD Order Management System (BMD OMS).

Prior to this, clients of derivatives brokers, both retail and institutional, would need to place their orders through their brokers; whereas high volume traders used direct market access facility.

Chong Kim Seng, Chief Executive Officer of Bursa Malaysia Derivatives said, "We are excited about this additional facility as it provides an efficient and cost-effective platform for traders, especially those from the retail segment to participate in the derivatives market. This additional channel is aimed to enhance connectivity and spur market participation in our market. The Internet trading connection will allow retail participants to enjoy speedier and greater accessibility to trade our products. With the increasing reach, we definitely look forward to a more robust growth in the retail segment."


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