Bursa Malaysia Bhd. · MYX:BURSA
Bursa Malaysia Bhd — Investor Presentation (August 2009)
22 slides from Bursa Malaysia Bhd's investor presentation, Aug 3, 2009
Slide 1: Implementation of New Trading Halt Rules - 3/8/2009
Implementation of New Trading Halt Rules - 3/8/2009
Slide 2: Introduction of New Trading Halt Rules
1. Introduction of New Trading Halt Rules: Shorter trading halt period to disseminate material announcements (MA). Current Proposed Rationale 1 trading session 1 hour Prolonged trading halts may impede the efficient functioning of the market Deprive investors of the opportunity to trade during t
Slide 3: Trading Halt for Normal and Odd Lot Markets
TRADING HALT FOR NORMAL AND ODD LOT MARKETS TIME OF RELEASE WINSCORE SCREEN VIEW TRADING NO. OF MATERIAL ORDER SELL ORDER REMARKS HALT PERIOD ANNOUNCEMENT STATUS COLUMN ENTRY 1. Before the 9:00am to Halt - - • Order entry and commencement of 10:00am modification will be trading at 9:00am allowed • T
Slide 4: Trading Halt for Normal and Odd Lot Markets (Cont'd)
TRADING HALT FOR NORMAL AND ODD LOT MARKETS (CONT’D) TRADING TIME OF RELEASE OF NO. HALT WINSCORE SCREEN VIEW REMARKS MATERIAL ANNOUNCEMENT PERIOD 5. 2:30pm until 3:30pm 1 hour from Halt - - • Order entry and the time of modification will be trading halt allowed • TOP will be calculated. 6. After 3:
Slide 5: Trading Suspension for Normal and Odd Lot Markets
TRADING SUSPENSION FOR NORMAL AND ODD LOT MARKETS TIME OF RELEASE OF TRADING NO. MATERIAL HALT WINSCORE SCREEN VIEW REMARKS ANNOUNCEMENT PERIOD 1. Anytime before, during or Prolonged Forbid Forbid X • Order entry will be after trading suspension forbidden • TOP will not be calculated during this per
Slide 6: Trading Halt for Direct Business Transaction
TRADING HALT FOR DIRECT BUSINESS TRANSACTION When DBT can be VWAP to be used to Time of Release of reported discharge the Material under Rule obligations under Rule No. Announcement Trading Halt Period 902.2 903.1(4) 1. Before the 9:00am to 10:00am After VWAP of On-Market commencement of 11:00am Tra
Slide 7: Trading Halt for Direct Business Transaction (Cont'd)
TRADING HALT FOR DIRECT BUSINESS TRANSACTION(CONT’D) Time of When Direct Business Release of Transactions can be VWAP to be used to Material reported under Rule discharge the obligations No. Announcement Trading Halt Period 902.2 under Rule 903.1(4) 7. 2:30pm until 1 hour from the time the 1 hour af
Slide 8: Sample Screen Shots of the Trading Halts
SAMPLE SCREEN SHOTS OF THE TRADING HALTS Trading Halt – During 8:30 am – 11:00 am / 2:00 pm - 3:30 pm (Before trading halt) (Upon trading halt) 7
Slide 9: Trading Halt – During 8:30 am – 11:00 am / 2:00 pm - 3:30 pm (Cont)
Trading Halt – During 8:30 am – 11:00 am / 2:00 pm - 3:30 pm(Cont) (Order can be entered & modified) (TOP is calculated) 8
Slide 10: Trading Halt – During 8:30 am – 11:00 am / 2:00 pm - 3:30 pm (Cont)
Trading Halt – During 8:30 am – 11:00 am / 2:00 pm - 3:30 pm(Cont) (Before trading resume, stock will be reserved for 5 minutes) (Trading Resumed) 9
Slide 11: Halt and Forbid – After 11:00 am/3:30 pm
Halt and Forbid – After 11:00 am/3:30 pm (Before Trading Halt & Forbid Order Entry) (After Trading Halt & Forbid Order Entry) 10
Slide 12: Prolonged Suspension
Prolonged Suspension (Before Forbid) (After Forbid) 11
Slide 13: Entry during Continuous Trading Phase (CTP)
Order Entry during Continuous Trading Phase (CTP) Stock 2224 - Before order entry view – no orders at B/Qty and S/Qty 12
Slide 14: Entry during Continuous Trading Phase (CTP) - cont'd
Order Entry during Continuous Trading Phase (CTP)- cont’d.. Stock 2224 – Orders are entered with B/Qty =5 & S/Qty = 3 13
Slide 15: Entry during Continuous Trading Phase (CTP) - cont'd
Order Entry during Continuous Trading Phase (CTP)- cont’d.. Stock 2224 – Stock is HALTED. • HALT is displayed at the STATUS column • Both the B/Qty & S/Qty remains in the order book 14
Slide 16: Entry during Continuous Trading Phase (CTP) - cont'd
Order Entry during Continuous Trading Phase (CTP)- cont’d.. Stock 2224 – Stock is HALTED. • Order entry is allowed • TOP is calculated 15
Slide 17: Reduction during Stock HALT
Order Reduction during Stock HALT Stock 2224 – Stock is HALTED. • Orders in the order book remain • B/Qty = 8 & S/Qty = 1 16
Slide 18: Reduction during Stock HALT cont'd
Order Reduction during Stock HALT cont’d… Stock 2224 – Stock is HALTED. • B/Qty is reduced from 8 to 7 • S/Qty remains the same 17
Slide 19: Reduction during Stock HALT cont'd
Order Reduction during Stock HALT cont’d… Stock 2224 – Stock is HALTED • B/Qty is reduced 18
Slide 20: Cancellation during Stock HALT
Order Cancellation during Stock HALT Stock 2224 – Stock is HALTED • Cancel S/Qty = 1 19
Slide 21: Cancellation during Stock HALT cont'd
Order Cancellation during Stock HALT cont’d… Stock 2224 – Stock is HALTED • Order is cancelled 20
Slide 22: END
BURSA VALAYS, EI END 21