Chief Executive Officer's Message

STRATEGIC THRUSTS

In 2007, Bursa Malaysia's primary focus was to improve velocity, with a secondary focus on improving the quality of internal structures and processes. In 2008, we concentrated on driving velocity in securities and activity in our derivatives markets. Moving forward, Bursa Malaysia's strategic goals from 2009 to 2011 will be to continue growing its core businesses, while establishing its niche in commodities and Islamic markets. This will represent a unique value proposition in the global marketplace.

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PROGRESS & PLANS

In pursuit of our strategy, we must improve accessibility, diversify our products and enhance market liquidity. This will help us improve our attractiveness to issuers and investors, and secure the niche we have identified.

1. Improving Accessibility

One of our main goals is to ensure that our infrastructure is superior to or, at least, on par with our global peers. Fundamental to achieving this is improving access and distribution channels.

a. Electronic Trading Platform for the Bond Market

One of the most significant infrastructure developments early in the year was in the fixed income market. The ETP, which is the electronic trading platform for the bond market, was successfully launched in March 2008. ETP offers price information, order matching, trade negotiation, trade reporting and market surveillance functions. This new platform provides transparency and increases efficiency in bond trading. We have enhanced the platform in January 2009 and expect further improvements to the ETP as we proceed.