Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) went live with its web-based Electronic Trading Platform (ETP), making a shift from a terminal based to a web-based interface, to ensure the ongoing relevance of the platform for fixed income instruments.
The ETP is a centralised price and trade repository and dissemination for the primary and secondary bond market which provides an efficient and facilitative market control system for Bursa Malaysia to supervise the bond market.
The key components that contribute to the activities of ETP include a central order book for matching, trade reporting and negotiation; a dissemination system for price/yield and trade information; data storage for market history; referential maintenance for exchange administrator; and real time market surveillance.
Instruments traded on the Malaysian bond markets comprise of conventional and Islamic Securities which include Government, Bank Negara, Cagamas, Asset Backed and Private Debt.
The participants on the ETP include three categories: Trading Participant Members, Executing Participant Members and General Participant Members. These members are made up of investment banks, money brokers and information providers.
