“So, the anticipated impact to the overall market will be minimal. We do anticipate that with the introduction of enhanced control measures, we could see a reduced level of trades compared to before, especially among the day traders,” Bursa Malaysia director of securities market Azhar Mohd Zabidi (pic) told StarBiz.
PETALING JAYA: The resumption of intraday short selling (IDSS) and intraday short selling by proprietary day traders (PDT Short Sale) in January 2022 will have minimal impact on the overall market, according to Bursa Malaysia director of securities market Azhar Mohd Zabidi.
Azhar said historically, IDSS and PDT Short Sale in aggregate are not more than 3% to 3.5% of total market trades.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
