Bursa eyes new products like tokenised debt, carbon trading

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.