Sunday, August 26, 2007

media release 17jun part 3

Commenting on the progress of the Group’s KPIs, Dato’ Yusli said that Bursa Malaysia is on track to meet its annual return on equity (ROE) target of 16.8%, as the annualised ROE for the half year was 31.7%.

Moving forward, Bursa Malaysia is gearing up to meet market demand in the second six months of the year. “The exchange is sharpening its strategic focus to boost market liquidity and velocity through improving trading efficiencies and access as well as broadening our product base. To further boost the market’s competitiveness, attractive products and services are already in the pipeline for the rest of the year,” added Dato’ Yusli.

The next important wave of products and services is its equity Exchange Traded Funds (ETFs), US Dollar crude palm oil futures contracts, Direct Market Access and transferring the equity market to the Bursa Trade trading platform. Bursa Malaysia is also looking at launching futures on the FTSE Bursa Malaysia 30 Index (FBM30 Futures), which would enable investors to hedge and gain direct exposure to a pool of liquid and free float adjusted stocks. Additionally, Bursa Malaysia is expecting to kick off its retail market plan within the next few months.

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