Bursa Trade Securities 2
Overview
Bursa Direct Access ("BDA") is an open interface facility provided to Bursa Malaysia’s Participating Organisations (“PO”) for the purpose of deploying customised Order Management System (“OMS”). POs have the options of either developing an in-house OMS or engaging an Independent Software Vendor (ISV) from the list of certified ISVs. BDA provides both the order routing and market information functionalities via FIX Protocol.
How this is done
ISVs or POs may develop their own customised OMS and connect directly to the exchange-maintained gateways using FIX protocol. Orders will be sent to the trading engine via the gateway, whilst routing execution notices and market data will be routed via the gateway and sent to the OMS. Interested ISVs and POs can download the relevant technical specifications, and FIX message specifications.
Contact
For further information on Direct Access, please email