Monday, 07 Dec 2020 08:17 PM MYT
Bursa Malaysia in a statement said with the expanded framework, market makers are accorded greater flexibility to quote prices and respond to market demands. “As such, we believe this expansion will further enhance the attractiveness and competitiveness of the capital market, thereby enticing more investors and market participants,” it said.
Secondly, a new category of market makers has been introduced called Derivatives Specialists who will be allowed to utilise the Permitted Short Selling framework for the purpose of market-making. Lastly, existing market makers of Structured Warrants , Single Stock Options and Single Stock Futures will also be allowed to undertake PSS. In this respect, the expansion of the PSS framework now allows the aforementioned market makers to execute PSS of the underlying securities of SW, SSO and SSF, which are Approved Securities.