Bursa Malaysia Annual Report 2015

FROM THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT

Bursa Malaysia •

Annual Report 2015

CEO’S MESSAGE

AND MANAGEMENT

DISCUSSION AND ANALYSIS

Bursa Mal ysia •

An ual Rep rt

We achieved this strong result due to our continued efforts in previous

years to develop and promote our markets, and by striving for operational

excellence, both of which have created value for our market participants and

shareholders.

The key initiatives undertaken include:

• expanding our range of products and services

• enhancing market access and engagement

• improving Corporate Governance (“CG”) standards and

sustainability practices

• enhancing operational excellence in two key areas, namely

refreshing our technology and building our talent pool

2015 also saw us continue to deliver on our strategic initiatives, which

have introduced even greater improvements aimed at further securing

the Exchange’s long-term sustainability.

2015: MAINTAINING OUR MOMENTUM

The Exchange’s strong financial performance in 2015 is the result of

the enhancements and the building blocks we have put in place in our

markets and business over the last few years. Among the key initiatives

implemented over the last few years is our cost optimisation effort, which

has stabilised and lowered our cost to income ratio. The upgrade of our

trading system in 2013 has not only enhanced our market efficiency by

allowing us to conduct a greater number of trades at a much faster speed

but also further reduced our technology costs.

2015 ACHIEVEMENTS

• Achieved highest operating revenue of

RM487.7 million since listing

• Grew revenue contributions from the

Derivatives Market and the Islamic Capital

Market

• Reviewed the ACE market framework to

attract more listings

• Launched Bursa Malaysia’s Sustainability

Framework to take our sustainability

journey to the next level

• Enhanced access to the Derivatives Market

after receiving the US Commodities Futures

Trading Commission (“CFTC”) approval for

Bursa Malaysia Derivatives (“BMD”) to be

recognised as a Foreign Board of Trade

(“FBOT”) with Direct Market Access

• Increased the trading value on the Bursa

Suq Al-Sila’ (“BSAS”) platform by 121%

due to the growing acceptance of the

Murabahah principle and the introduction

of tenor-based pricing

since listing

RM487.7

Achieved highest revenue of

million