Monday December 6 2021
News Source: Global Exchanges
Focus: Holidays and Opening Hours and suspensions
Type: General
Country: Malaysia
Link: https://bit.ly/3rEse7T
On 6th December 2021, Bursa Malaysia Derivatives Berhad (BMD) announced that it has launched its highly anticipated after-hours (T+1) Night Trading Session (“After-Hours Trading”). The availability of After-Hours Trading will enhance the competitiveness and attractiveness of the Exchange’s products and the overall Malaysian derivatives market among local and international investors.
Available for its commodity and equity index derivatives contracts, After-Hours Trading is expected to bode well for Malaysia’s derivatives market with the clear benefits it offers. With its improved price discovery, After-Hours Trading can be used as a hedging and risk management tool, allowing investors to manage their risk exposure to price fluctuations in response to any major market movement that occurs during the US and European market hours.
The After-Hours Trading offered by Bursa Malaysia Derivatives is an extension of the Exchange’s current market trading hours in line with global market practices. Market participants will be able to trade between 9.00 p.m. to 11.30 p.m. from Monday to Thursday, thereby closing the gap between local and foreign market trading hours. As a result, After-Hours Trading will not only create new trading opportunities, but it will also draw in greater international participation.
Click on the above link for further information