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Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) has launched Bursa Connectivity Services, a universal connectivity solution that allows global users access to Bursa Malaysia’s pool of data quickly and seamlessly. Bursa Connectivity Services connects buy- and sell-sides, information vendors as well as third-party solution providers. Fast connectivity is a key component in an Exchange ecosystem.
This is the first time such a product is being offered by the Exchange which provides coverage across more than 900 data centres in 32 countries spanning across Asia, Europe and the USA. With this solution in place, users will be able to create new financial products, analyse trading opportunities and meet the growing demand of investors.
“This new initiative will establish a larger pool of international investors for Bursa Malaysia. It will allow more global investors greater access to our market, breaking down barriers and allowing for a more seamless flow of insights resulting in increased investor interest,” said Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia.
“In 2021, Bursa Malaysia contributed USD200 billion to global total trading value. With this new connectivity solution, we will be more visible to the global market as our data will be more readily available and accessible, thus enabling improved trade flow,” he added.
Mr Wong Chiun Chiek, Director of Bursa Intelligence commented, “We are excited to have international players access the Malaysian market, by offering seamless connectivity and wider market data distribution. Activities are already underway to reach out to these new investors to enable them to tap into the network coverage.”
“Over the past three years, Bursa Malaysia’s data business has evolved from managing data ‘as-a-business’ to a more strategic mandate using data and digital capabilities to drive new and impactful innovations in areas which aim to create value to the industry, such as the ESG agenda of the market. This newly acquired capability will boost our ambition to diversify business channels and reach new client segments. This opportunity also serves as a new non-trading revenue source for the Exchange.”
Bursa Connectivity Services complements the Exchange’s expanding services and capabilities such as investors behaviour analytics, market and stocks-level sentiments for researchers and brokerage firms, analytics platforms for retail and institution investors, and digital platforms for corporate Investor Relations, as well as potentially carrying our expanded datasets including those of SME (small and medium-sized enterprises), micro and macro economic datasets acquired through strategic data exchange collaborations.
Bursa Malaysia will continue to invest in technology and create strategic collaborations which will enable the Exchange to move up the value chain in terms of our solution offerings.
To know more about Bursa Connectivity Services, please e-mail infoservices@bursamalaysia.com or visit
https://www.bursamalaysia.com/trade/our_products_services/bursa_connectivity_services
