News
Bursa Malaysia and Korean Exchange sign License and Project Implementation Agreement for the Electronic Trading Platform
BackJan 19, 2007
| General Announcement Reference No BM-070119-42558 |
| Company Name | : | BURSA MALAYSIA BERHAD |
| Stock Name | : | BURSA |
| Date Announced | : | 19/01/2007 |
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| Type | : | Announcement |
| Subject | : | Bursa Malaysia and Korean Exchange sign License and Project Implementation Agreement for the Electronic Trading Platform |
Contents :
Bursa Malaysia Berhad ("Bursa Malaysia") is pleased to announce that Bursa Malaysia and Korea Exchange ("KRX") today signed a License and Project Implementation Agreement to develop Bursa Malaysia's Electronic Trading Platform ("ETP") for the Malaysian bond market.
The ETP is based on a customised version of KRX's bond electronic trading platform which will include order matching, trade negotiation, trade reporting, surveillance and price dissemination.
The implementation of the ETP will not have any material impact on the earnings of Bursa.
This announcement is dated 19 January 2007.