Bursa Malaysia (MYX or MSX; lit. 'Malaysian Bourse' or 'Malaysia Exchange') is the stock exchange in Malaysia. It is one of the largest bourses in ASEAN.[3] It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides full integration of transactions, offering a wide range of currency exchange and related services, including trading, settlement, clearing and savings services.[4]
Along with the Securities Commission of Malaysia, the stock exchange regulates the capital market in Malaysia and, through its facilities, upholds the duty to manage and maintain order in the trading of stocks, bonds and derivatives.[5]
History
Bursa Malaysia was established in 1930, when the Singapore Stockbrokers Association became an official organisation of securities in Malaya. In 1937, it was re-registered as the Stockbrokers' Association of Malaya, but it still did not trade public shares. In 1960, the Malayan Stock Exchange was formed and public trading started on 9 May that year.