KUALA LUMPUR: Bursa Malaysia has launched the first mobile central depository services (CDS) electronic platform in Asean.
Targeted towards the retail investors in the Malaysian stock exchange, the Bursa Anywhere app is designed to become a “one-stop” platform where investors can manage their multiple CDS accounts without much hassle.
By using the Bursa Anywhere app via their smart devices, investors could view the balance shareholdings in all their direct CDS accounts with marked to market value. Among other services, statement of accounts for the past 12 months could be downloaded and investors would receive notifications related to their shareholdings such as announcements on entitlements.
Bursa Anywhere app will be accessible by all. However, transactional services are made exclusive to individual investors who possess direct CDS accounts and are registered as users of Bursa Anywhere.
The registration for Bursa Anywhere can be done at zero cost. The web version of the platform will be available from the fourth quarter of this year.
According to Bursa Malaysia CEO Datuk Muhamad Umar Swift, the Bursa Anywhere app will provide investors with a seamless experience that will not only facilitate their efficiently, but also usher in a new era of empowerment and control.
“We will continue to enhance our digital touch points and look forward to providing more innovative platforms that will collectively help growth the wealth of our nation,” he told reporters after the launch of the app today.
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