Bursa Malaysia explains reason behind trading glitch


Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift said the problem has since been rectified. “Firstly, we apologise to all participants of the exchange and to the stakeholders. “More importantly, it’s making us rethink and re-evaluate all our core systems to ensure it doesn’t happen again, ” he told a press conference.

KUALA LUMPUR: It was a unique set of circumstances, something that Bursa Malaysia had not experienced before, which caused the differences in the interrupted trading patterns last Thursday and Friday.

The differing stock prices on Bursa Malaysia’s website and on trading platforms on Friday came after an outage at the exchange at 3.30pm on Thursday. Trading only resumed on Friday at 9am.

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