Temporary margin financing flexibilities extended till year-end

KUALA LUMPUR: The Securities Commission Malaysia (SC) and Bursa Malaysia Bhd (Bursa Malaysia) have extended the temporary relief measures relating to margin financing to Dec 31, 2020, which was initially due on Sept 30, 2020.

The flexibilities accorded under the relief measures will enable brokers to better manage their clients’ margin financing facilities and maintain stability in the marketplace amid continued market uncertainties arising from the COVID-19 pandemic.