One of the topic to discuss in Chapter 3 is Bursa Malaysia, Securities Commision and Souq Al Sila'. For a start let us look at Bursa Malaysia....
Bursa Malaysia is an exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007. It operates a fully-integrated exchange, offering the complete range of exchange-related services including trading, clearing, settlement and depository services. The wholly-owned subsidiaries of Bursa Malaysia own and operate the various businesses, as set out below:-
|Bursa Malaysia Securities Bhd||Provide, operate and maintain securities exchange|
|Bursa Malaysia Derivatives Bhd||Provide, operate and maintain a futures and options exchange|
|Labuan International Financial Exchange Inc.||Provide, operate and maintain offshore financial exchange|
|Bursa Malaysia Bonds Sdn Bhd||Provide, operate and maintain registered electronic facility for secondary bond market|
|Bursa Malaysia Securities Clearing Sdn Bhd||Provide, operate and maintain a clearing house for the securities exchange|
|Bursa Malaysia Derivatives Clearing Bhd||Provide, operate and maintain a clearing house for the futures and options exchange|
|Bursa Malaysia Depository Sdn Bhd||Provide, operate and maintain a central depository|
|Bursa Malaysia Depository Nominees Sdn Bhd||Act as a nominee for the central depository and receive securities on deposit for safe-custody or management|
|Bursa Malaysia Information Sdn Bhd||Provide and disseminate prices and other information relating to securities quoted on exchanges within the group|
|Bursa Malaysia Islamic Services Sdn Bhd||Operate all Islamic Markets businesses and activities initiated under Bursa Malaysia|
Bursa Malaysia today is one of the largest bourses in Asia with just under 1,000 listed companies offering a wide range of investment choices to the world. Companies are either listed on Bursa Malaysia Securities Berhad Main Market or ACE Market.
In assisting the development of the Malaysian capital market and enhancing global competitiveness, Bursa Malaysia is committed to maintaining an efficient, secure and active trading market for local and global investors.
VisionTo be the preferred partner in Asia for fund-raising, trading and investment.
MissionAs the preferred partner, Bursa Malaysia offers a fair and orderly market that is easily accessible with diverse and innovative products and services.
As for those who are lost on how Bursa or should we say stock market works just Click This