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Article: Bursa plans fee rebates to boost derivatives mart
- Article from:
- New Straits Times
- Article date:
- November 11, 2009
- Author:
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Ooi Tee Ching
New Straits Times
11-11-2009
Bursa plans fee rebates to boost derivatives mart
Byline: Ooi Tee Ching
Edition: Main/Lifestyle
Section: Business Times
Type: Company
BURSA Malaysia is looking to offer fee rebates to futures brokers in an effort to generate more liquidity in the local derivatives market.
"We'll submit a market-makers programme to the Securities Commission (SC) for approval," said Bursa derivatives acting general manager K. Sree Kumar.
"One of the incentives include a fee rebate to liquidity providers," he told reporters after presenting a paper on "Internationalisation of Malaysian Palm Oil: Challenges and Opportunities" at the International Palm Oil Congress 2009 in ...