KUALA LUMPUR (Bernama) -- Bursa Malaysia Derivatives Bhd will be launching an after-hours (T+1) trading session (Night Trading) by the fourth quarter of 2021 to enhance the attractiveness of the Malaysian derivatives market to traders around the world.
Available for most Bursa Malaysia Derivatives products, Night Trading is a significant development that aligns the exchange with global market practices, said the exchange in a statement.
It is set to enhance price discovery of Bursa Malaysia Derivatives’ offerings given the substantial growth in derivatives market participation since 2019.
Last year, the total number of contracts traded registered a 35 per cent growth, increasing to 18.2 million contracts from 13.5 million contracts in 2019, with foreign participants contributing 46 per cent of the total trading volume.
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