User Tools

Site Tools


bmsb

This is an old revision of the document!


Bursa Malaysia Securities Berhad (BMSB)

Bursa Malaysia is the primary securities exchange in Malaysia. In addition to equities trading, BMSB also offers trading in Derivatives and provides for Shariah compliant trading.

Homepage
Currency: Malaysian Ringgit (MYR)

Trading Hours & Calendar

Trading Summary

Bursa Malaysia operates a fully electronic trading system accessible only by Participating Organisations. For more information on the trading procedures of Bursa Malaysia go here.

Lit Order-types

  • Limit Buy/Sell/Short-Sell (DAY)
  • Market on Close Buy/Sell/Short-Sell (DAY)

Basic Market Rules

  • Lot Size is 100 shares
  • Tick Size varies by price as follows:
Price Range Tick Size (Sen)
Below RM1.00 0.5
RM1.00 up to RM9.99 1
RM10.00 up to RM99.98 2
RM100.00 above 10
  • Short Sale Rules - Short Sales must be declared, and a locate must be obtained prior to shorting. Locates can only be provided on securities approved for Regulated Short Selling; a full list of these securities can be found here.
  • Circuit Breakers - market-wide circuit breakers are in place for BMSM and are tied to the movement of the FTSE-based Kuala Lumpur Composite Index (FBMKLCI) as defined here.

Auction Mechanisms

The auction mechanisms for the opening and closing auctions are identical and are described in detail here.

Open

1st Session: Pre-opening phase is from 08:30:00 - 09:00:00, during this time orders can be entered and cancelled but will not be matched. Orders are matched based on the TOP procedures at 09:00:00

2nd Session: Pre-opening phase is from 14:00:00 - 14:30:00, during this time orders can be entered and cancelled but will not be matched. Orders are matched based on the TOP procedures at 14:30:00.

Close

There is no closing auction for the 1st session, only the 2nd. Pre-closing phase is from 16:45:00 - 16:50:00, during this time orders can be entered and cancelled but will not be matched. Orders are matched based on the TOP procedures at 16:50:00.

Additional Info

See Also

References

bmsb.1374758099.txt.gz · Last modified: 2017/03/14 12:33 (external edit)