IF THERE was an Oscars-type event for brokers and market intermediaries in Malaysia, the 10th Bursa Excellence Awards would be it.
Dressed in their finest, some 200 attendees were honoured for their performance in the capital market last year.
Themed “Recognising Excellence, Celebrating Success”, the event gave out 54 accolades in 24 categories under the equities, derivatives and Islamic markets.
Bursa Malaysia chairman Tan Sri Abdul Wahid Omar, in his welcome speech, said the event was a fixture in the Malaysian capital market.
“It is a recognition of the immense contributions and critical role played by brokers and market intermediaries, in (ensuring) our growth,” he noted.
Abdul Wahid also said the awards were part of Bursa Malaysia’s initiative to create a more conducive marketplace in the country.
“The winners have demonstrated resilience in overcoming challenges and recording remarkable achievements in the equities, derivatives and Islamic markets.
“Apart from recognising their excellence, the awards also symbolise the spirit of camaraderie and belonging in our community,” he added.
Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift said efforts would be enhanced to make the Malaysian market appealing to investors.
“Given the rise in global competition, it is imperative that we promote our market and its various investment opportunities.
“There is a need to work closely with our broker partners to produce positive outcomes and cater to the diverse appetites of investors,” he said.
The event at EQ Kuala Lumpur saw Kenanga Investment Bank Bhd winning first place in three categories under the equities market.
It picked up awards for Best Overall Equities Participating Organisation, Best Retail Equities Participating Organisation (Investment Bank) and Best Online Retail Participating Organisation.
Maybank Investment Bank Bhd won first place for the Best Institutional Equities Participating Organisation (Investment Bank) in the equities market category.
CGS-CIMB Securities Sdn Bhd snapped up two awards – Best Retail Equities Participating Organisation (Non-Investment Bank) and Best Institutional Equities Participating Organisation (Non-Investment Bank).
It also secured another first place under the Islamic market in the Best Institutional Bursa Malaysia-i Participating Organisation category.
Under the derivatives market, TA Futures Sdn Bhd garnered two awards for Best Overall Derivatives Trading Participant and Best Trading Participant: Commodity Derivatives.
Under the Islamic market, Malacca Securities Sdn Bhd won awards for Best Overall Bursa Malaysia-i Participating Organisation and Best Retail Bursa Malaysia-i Participating Organisation categories.