KUALA LUMPUR: Securities market operator, Bursa Malaysia Bhd, is taking deliberate steps towards achieving a developed marketplace by encouraging the issuance and trading of exchange traded funds (ETF) and the use of securities borrowing and lending (SBL).
ETF is a stock market listed investment fund that tracks indexes such as the Kuala Lumpur Composite Index and Morgan Stanley Capital International (MSCI) Index.
SBL is a tool that allows stockholders to enhance their return by lending their stock to other investors.
Chief executive officer Datuk Tajuddin Atan said ETF and SBL enhanced the equity market ecosystem and provided investors a diverse range of efficient and cost effective products and instruments.
“The growth in these areas has always been in the developed market due to the high volatility and volume.
“We are moving towards that,” he told reporters after launching the ETF and SBL Conference 2014 here today.– Bernama
- Investment & Company Information
- stock market
- exchange traded funds
- Bursa Malaysia