Bursa eyes new products like tokenised debt, carbon trading
It would also consider collaborations or investing for non-organic growth.
DeeperDive is a beta AI feature. Refer to full articles for the facts.
BURSA Malaysia is looking into new products such as tokenised debt and carbon trading as it seeks to capture "more share of wallet" from investors, said chief executive Muhamad Umar Swift. The exchange is also expecting more listings this year.
Umar took the helm of the exchange in February 2019, when Bursa Malaysia's business was mostly in cash equities and derivatives, and has been working to diversify its revenue streams ever since.
Like most other exchanges, it has had a good run thanks to increased trading coinciding with the start of the pandemic.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result