Bursa Malaysia Berhad’s (Bursa Malaysia) Derivatives Trading System Glitch

Bursa Malaysia Berhad’s (Bursa Malaysia) derivatives trading system – Bursa Trade Derivatives – today encountered a glitch from 3:30 pm to 3:54 pm. During this period, market participants were not able to send orders and no matching of trades was done by the system.

“As with any new system, it takes some time for the application to stabilise. To date, we have in fact successfully resolved earlier bugs without impacting our derivatives trading at large,” said Yew Kim Keong, Chief Information Officer of Bursa Malaysia Berhad.

“Today’s issue was identified by our team and immediately resolved without a need to suspend trading. All the same, we remain vigilant in monitoring the system and are working closely with the developer of Bursa Trade Derivatives, Atos Euronext Market Solution (AEMS), to actively resolve any issues we may encounter moving forward,” he continued.

Bursa Trade Derivatives was launched in 20 November 2006.