PETALING JAYA: Bursa Malaysia has announced that the unauthorised trades that took place on April 24 have been resolved and that the affected investors will not incur losses.
In a statement, the local bourse said it and the affected brokers have reached a consensus to manage the unauthorised trades, with the support of counter-party brokers.
“The key outcome results with the underlying principle that no investor with unauthorised trades shall incur losses arising from the incident.
“As stated previously, the unauthorised trades were confined to a very limited number of brokers’ client online trading accounts.”
There were approximately 80 accounts affected, which amounts to less than 0.01% of the total online trading accounts.
