The ASCM would like to commend Bursa Malaysia and the Securities Commission for their continued efforts to maintain a fair and orderly market that has contributed to the vibrancy in recent weeks, ” the Association of Stockbroking Companies Malaysia (ASCM) said.
KUALA LUMPUR: Contra transactions, being an industry norm, are allowed and in effect, according to the Association of Stockbroking Companies Malaysia (ASCM).
The association was responding to the confusion in certain media or blogs on the prohibition of contra transactions for certain counters.
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