Bursa Malaysia

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NTCP

Non-Broker Participants

NTCP

Bursa Malaysia Securities Clearing Sdn Bhd (“Bursa Clearing (S)”) has 2 categories of participantship, comprising

  • Trading Clearing Participants (TCP), who are Participating Organisation of the Exchange
  • Non Trading Clearing Participants (NTCP) who are financial institutions and custodians which have been approved as Authorised Direct Members (ADMs) of the Central Depository.

NTCP clears and settles directly with Bursa Clearing (S) through the use of the Institutional Settlement Service (ISS) system which is an optional facility that facilitates the settlement of trades of institutional investors directly with Bursa Clearing (S) on a Delivery Versus Payment (DVP) basis where;

  • Delivery of securities from and to NTCPs shall be made directly to, and from Bursa Clearing (S).
  • Payment for all ISS transactions will be directly between Bursa Clearing (S) and the ultimate buying and selling NTCP.

List of Non Trading Clearing Participants (NTCP)
7 KB (PDF)