50 agree to be market makers for new futures


  • Business
  • Thursday, 20 Apr 2006

KUALA LUMPUR: Bursa Malaysia has obtained the commitment from 50 quasi market makers to play the role of market makers for the soon-to-be-launched single stock futures (SSF), and expects that number to swell to 100. 

The exchange also believes that the SSFs to be launched stand a good chance of succeeding, because the derivative instruments have been designed with the retail investors in mind, according to head of product development and planning Shu Meng Chan. 

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