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.

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Currency: Malaysian Ringgit (MYR)

Trading Hours
Holiday Calendar

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.

• Limit Buy/Sell/Short-Sell (DAY)

• Lot Size is 100 shares
• Tick Size varies by price as follows:

• 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.

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

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.

The closing price is defined by the following closing mechanism:

Auction means an auction conducted in a trading platform in respect to qualifying orders to determine the auction price pursuant to the following process:

• a) The price at which the matching quantity is maximized
• b) The price that minimizes the imbalance
• c) When several prices are used in respect to (a.) & (b.) and imbalance of unfilled quantity is on the buy side, then the Theoretical Closing Price (TCP) used is the highest price
• d) When several prices are used in respect to (a.) & (b.) and the imbalance of unfilled quantity is on the sell side, then the TCP is the lowest price
• e) Closest price to settlement price

Auction Periods

1. Morning Session (09:00 - 12:30)

• Regular trading orders may be entered, amended or cancelled
• Regular matching rules apply

2. Afternoon Session (14:30 - 16:45)

• Regular trading orders may be entered, amended or cancelled
• Regular matching rules apply

3. Pre-Closing (16:45 - 16:50)

• Closing orders may be entered, amended or cancelled
• Orders will not be matched

4. Closing Auction (16:50)

• No new orders will be accepted
• Orders entered during the Pre-Closing phase will be matched
• Once orders are matched, the Trading At Last phase will be in effect

5. Trading At Last (16:50-17:00)

• Only limit orders may be entered and matched only be entered at the closing price
• Orders may be entered, amended & cancelled

Order Types: Limit orders are eligible to participate in the Closing Auction

You can find more information on trading rules on BMSB here . Section 2.4 has information on After Market trading.

• Equity Markets