Bursa Launches Connectivity Services Giving Access To Pool Of Data For Global Users

Bursa Malaysia Berhad launched the Bursa Connectivity Services, a universal connectivity solution that allows global users access to the Exchange’s pool of data quickly and seamlessly.

Connectivity Services connects buy- and sell-sides, information vendors as well as third-party solution providers. This is the first time such a product is being offered by the Exchange which provides coverage across more than 900 data centres in 32 countries spanning across Asia, Europe and the USA. With this solution in place, users will be able to create new financial products, analyse trading opportunities and meet the growing demand of investors.

“This new initiative will establish a larger pool of international investors for Bursa Malaysia. It will allow more global investors greater access to our market, breaking down barriers and allowing for a more seamless flow of insights resulting in increased investor interest,” said Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia.

“In 2021, Bursa Malaysia contributed USD200 billion to global total trading value. With this new connectivity solution, we will be more visible to the global market as our data will be more readily available and accessible, thus enabling improved trade flow,” he added.

The Bursa Connectivity Services complements the Exchange’s expanding services and capabilities such as investors behaviour analytics, market and stocks-level sentiments for researchers and brokerage firms, analytics platforms for retail and institution investors, and digital platforms for corporate Investor Relations, as well as potentially carrying expanded datasets including those of SME (small and medium-sized enterprises), micro and macro economic datasets acquired through strategic data exchange collaborations.

Previous articleMyCEB Achieved Objectives And KPI: AG Report
Next articleU.S. Stocks Pull Back Sharply As Inflation Data Adds To Interest Rate Worries – Software, Semiconductor, Airline Stocks Showing Weakness

LEAVE A REPLY

Please enter your comment!
Please enter your name here