KUALA LUMPUR: Bursa Malaysia will implement Straight Through Processing (STP) for registering individuals such as dealer’s representatives, futures brokers representatives and directors of brokers effective Dec 1.
Bursa said in a statement yesterday that the initiative to implement STP on registration was undertaken in line with the exchange’s continuing effort to reduce cost and regulatory friction for its participants as well as improving efficiency of its services and time to market by leveraging on technology.
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