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Bursa Malaysia implements intraday short selling - Business News

News Summed Up 2018-04-16 05:30:00

KUALA LUMPUR: Now, everyone can short sell their shares on Bursa Malaysia. Bursa Malaysia Bhd , the stock exchange operator, today said it had implemented the intraday short selling (IDSS) framewok for all investors in a bid to boost liquidity in the local bourse. Currently, the list of approved stocks for short selling comprises of 280 securities. “Introducing IDSS to a wider group of investors is timely considering the growing sophistication of market participants. This measure is part of the exchange’s strategy to boost market liquidity and further improves flexibility for market participants to refine their trading and risk management strategies,” Tajuddin said.