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Electronic
Trading Platform (ETP)
| ETP is the acronyms of Electronic Trading Platform. The ETP shall
be the centralized price and trade repository and dissemination for the primary and secondary bond
market. It is an efficient and facilitative market control system for Bursa to supervise the bond
market.
ETP facilitates the trading and reporting of all secondary market activities
The key business components that contribute to the business of ETP are the provisions of
central order book for matching, trade reporting and negotiation
A comprehensive dissemination system for price/yield and trade information
dissemination
A data storage for market history data referential maintenance for exchange
administrator
A real time market surveillance system.
The core ETP system interfaces with other systems such as the FAST (Fully automated system for
Tendering) and Information vendors
The capital market is divided into the primary and secondary market. The capital market
comprises the conventional market and Islamic market Primary market activities include the
insurance or lender of debt securities & money market transactions. Primary market is the
source of referential data for trading in secondary market. Secondary market activities include
trading of Government Malaysia Securities and Private Debt Securities. Transactions that are
available on ETP are Outright buy and sell, When Issued, Reallotment, Repo or Securities Buy Back
Agreement, Securities Borrowing and Lending. The bond investors comprise secondary market
participants such as the Financial Institutions, institutions investors and fund managers. |
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