Bursa Malaysia Announces the Successful Launch of Its New Derivatives Trading Platform.KUALA LUMPUR Kuala Lumpur (kwä`lə l m`p r), city (1990 est. pop. , Malaysia & LONDON -- Bursa Malaysia The Bursa Malaysia or Malaysia Exchange, MYX previously known as Kuala Lumpur Stock Exchange (KLSE, Bursa Saham Kuala Lumpur in Malay) dates back to 1930 when the Singapore Stockbrokers' Association was set up as a formal organisation dealing in today announced the successful launch of the first phase of its new trading engine Bursa Bursa, city, TurkeyBursa (b rsä`), city (1990 pop. 838,323), capital of Bursa prov., NW Turkey. Trade, powered by Atos Euronext Market Solutions' NSC NSCabbr. National Security Council Noun 1. NSC - a committee in the executive branch of government that advises the president on foreign and military and national security; supervises the Central Intelligence Agency (Nouveau Systeme de Cotation / New Quote System) trading engine. YBhg. Dato' Yusli Mohamed Yusoff, Chief Executive Officer of Bursa Malaysia said, "The successful launch of Bursa Trade for derivatives trading is a major milestone for Bursa Malaysia. Bursa Trade, which is built on a sophisticated, exciting and most advanced system, enables us to meet the requirement for growth and alignment with international trading. Bursa Trade also demonstrates our commitment to investing in the right technologies in our effort to further improve market accessibility and liquidity as well as increase trading efficiencies." The new platform provides the Exchange with enhanced functionality and flexibility with its revolving implied and sophisticated strategies designed to improve market liquidity, resilience and performance. With the system's increased capacity and performance, Bursa Trade is able to support up to 8,000 orders per second. Subsequent to the launch of the platform on 20November 2006, Bursa Malaysia broke its previous trading records. The Kuala Lumpur Composite Index Dato' Yusli also added that with the upgraded system infrastructure, market participants can look forward to greater system stability during bullish times when there is a surge in the volume of trading activity. In addition, Bursa Trade enables market participants to define their own trading strategies using the new derivative front-end trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. apart from those defined strategies provided by the Exchange. "We are delighted to bring to the Malaysian marketplace our leading trading platform, which we believe will allow Bursa Malaysia to deal with increased volumes and improved performance, as well as continuing to innovate through the launch of new products. We look forward to further developing our relationship with Bursa Malaysia", said John Oddie, Global Head, Exchange Business Unit, AEMS AEMS Asian Educational Media Service AEMS Aircraft Engine Management System AEMS Agricultural Environmental Management Services (Oklahoma) AEMS Advanced Enclosed Mast/Sensor AEMS Automated Energy Management System . Bursa Malaysia will now work closely with AEMS on the next phase of the project which will transfer the cash equity market onto the same infrastructure - which includes NSC (leading trading platform used by 14 exchanges, including the Euronext Group), ARAMIS ARAMIS American Rheumatism Association Medical Information System ARAMIS Administration Research Actions Management Information System (Swiss Information System on Research and Development) ARAMIS Automation, Robotics and Machine Intelligence System (market surveillance platform used by 4 European Regulators), and PAM (broker workstation). About AEMS AEMS is the leading global provider of technology solutions for exchanges, clearing houses, banks, brokers, and intermediaries. AEMS was created by two industry leaders - Atos Origin Atos Origin, SA (Euronext: ATO) is an international IT corporation which operates in 40 countries worldwide, with over 50,000 employees. The corporate headquarters are located in Paris, France and Zaventem, Belgium. and Euronext - who combined their interests to focus on providing technology exclusively for financial markets. By taking the people, assets, and technology from both of these organisations and bringing them together into a single, independent company, the opportunity for real leadership in this sector was created. As market leaders, we value the insight of our clients and as their technology requirements develop, we collaborate to find the most suitable product solutions for their needs. We serve global markets throughout the trading process - banks, brokers, asset managers and intermediaries; exchanges; clearing houses and CSDs. We employ 1,300 industry experts worldwide and have offices in London, Paris, Chicago, Dubai, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , and Brussels. |
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