Bursa Malaysia Derivatives (BMD) Change in Performance Bond/ Margin Rate (Effective: 20 November 2024)
Dear valued clients, please find the announcement here.
CLOSURE OF BURSA MALAYSIA IN CONJUNCTION WITH DEEPAVALI 2024
Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and its subsidiaries will be closed on 31 October 2024 (Thursday), in conjunction with the Deepavali public holiday. Bursa Malaysia and its subsidiaries will resume operations on 1 November 2024 (Friday).
Bursa Malaysia Derivatives (BMD) Change in Performance Bond/ Margin Rate (Effective: 4 October 2024)
CLOSURE OF BURSA MALAYSIA IN CONJUNCTION WITH WESAK DAY
Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and its subsidiaries will be closed on Wednesday, 22 May 2024, in conjunction with the Wesak Day public holiday. Bursa Malaysia and its subsidiaries will resume operations on Thursday, 23 May 2024.
Bursa Malaysia Derivatives (BMD) Change in Performance Bond/ Margin Rate (Effective: 8 April 2024)
FULL DAY TRADING ON THE EVE OF CHINESE NEW YEAR; CLOSURE OF BURSA MALAYSIA IN CONJUNCTION WITH CHINESE NEW YEAR 2024
Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) will reinstate full day trading on the eve of Chinese New Year, which will fall this year on 9 February 2024. This move, made following industry consultation, is to enhance investor access to the market ahead of the festive period. As such, the trading hours in conjunction […]
CLOSURE OF BURSA MALAYSIA IN CONJUNCTION WITH FEDERAL TERRITORY DAY
Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) and its subsidiaries will be closed this Thursday, 1 February 2024, in conjunction with Federal Territory Day. Bursa Malaysia and its subsidiaries will resume operations on Friday, 2 February 2024.
CLOSURE OF BURSA MALAYSIA DURING THAIPUSAM
Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) and its subsidiaries will be closed on Thursday, 25 January 2024, in conjunction with Thaipusam. Bursa Malaysia and its subsidiaries will resume operations on Friday, 26 January 2024.
Bursa Malaysia Derivatives (BMD) Change in Performance Bond/ Margin Rate (Effective: 10 January 2024)
U.S. SEC: New “T+1” Settlement Cycle
On February 15, 2023, the Securities and Exchange Commission adopted rule amendments to shorten the standard settlement cycle for most broker-dealer transactions from “T+2” to “T+1,” subject to certain exceptions. The compliance date for the rule amendments is May 28, 2024, at which point the standard settlement cycle will be T+1. The SEC’s Office of […]