Although there is a limit on how much money Malaysians can invest abroad, the figure is bound to rise with the entry of more foreign players into the market.
Stockbroking challenge
MORE foreign-owned platforms are entering the local stockbroking scene and they seem set on doing one thing – capturing the business of the Malaysian retail investor keen on investing in stocks in the United States. The end result is likely to be, one, that more liquidity leaves our market and two, margins of local stock brokers get increasingly compressed as players fight it out.
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