KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia Bhd has introduced intraday short-selling (IDSS) for all investors as part of the exchange's strategy to boost market liquidity.
Chief Executive Officer Datuk Seri Tajuddin Atan said the introduction of IDSS to a wider group of investors was timely considering the growing sophistication of market participants.
"This measure is part of the exchange's strategy to boost market liquidity and further improves flexibility for market participants to refine their trading and risk management strategies," he said in a statement today.
Bursa Malaysia would continue to undertake initiatives to provide a more efficient and facilitative market framework, Tajuddin said, adding that the introduction of IDSS was set to further advance the exchange's efforts to build a dynamic and vibrant capital market.
The IDSS implementation followed Prime Minister Datuk Seri Najib Tun Razak's announcement at the World Capital Market Symposium in Kuala Lumpur on Feb 6 of measures to enhance vibrancy and stimulate greater trading activity in the stock market.....