Chief Executive Officer's Message

b. Direct Market Access

Following the launch of Bursa Trade Derivatives (BTD) in November 2006, we have also improved market access for the derivatives market by introducing DMA in April 2008. The use of the DMA has increased steadily since it was launched. Investors participating in our derivatives and options markets may now enjoy 'zero touch' by routing their orders, via a Trading Participant (TP), directly to Bursa Malaysia with their preferred trading tools. Trading anonymity is retained while allowing greater control over trade execution and strategy.

c. Bursa Trade Securities

To progress in tandem with global markets, new technology is a necessity. Our new trading platform for the securities market, BTS, is a key strategic initiative that was launched on 1 December 2008.

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BTS has wider trading functions and features, which will further boost Bursa Malaysia's competitiveness and efficiency. It is expected to provide better capability in processing and execution of orders and trades, and connecting institutional clients directly to Bursa Malaysia.

BTS and BTD provide a scalable and efficient integrated trading platform for both securities and derivatives. In combination, with the entry of new participants, we hope to see all of these contribute to more robust trading.

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Along with the rest of the world, Malaysia is being fundamentally transformed by globalisation. To further enhance our accessibility to international investors, we have established a development plan which next targets rolling out DMA for the securities market. Online trading will also continue to be encouraged and should grow to become a more prominent feature of our markets.