BM aims at 2,000 SSFs daily despite slow start

03 Jul 2006

Bursa Malaysia (BM) CEO Yusli Mohamed Yusoff has said that the exchange is hoping for a 2,000 daily turnover of single stock futures (SSFs), according to reports, despite the lack of interest in the two month old contract suite.

Market sources have said there has been scarce SSF trading on most days due to the lack of...

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“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.