Kenyataan Media
TRADING ON EQUITIES MARKET RESUMED AT 3:15PM
Trading on Bursa Malaysia Securities Berhad resumed at 3:15pm for the afternoon session. The revised trading phases for the afternoon session were:
Pre-opening phase : 3:05pm to 3:15pm
Continuous Trading phase : 3:15pm
Today’s issue was the same as the problem encountered on Monday, 22 December 2008. The system rejected orders keyed in by the brokers during the Pre-Opening Phase of the afternoon trading session due to an issue with the application module for the Pre-Opening Phase. A software patch is currently being developed by the trading system vendor, NYSE Euronext Advanced Trading Solutions (NYXT), and is targeted for implementation by the end of this week.
“Our priority remains in ensuring there is minimal disruption to trading. We are still waiting for NYXT to come back to us with the software patch. As a stop-gap measure, our internal team put in place a work-around which enabled us to get trading up and running within the hour last Monday and today.
“There is a possibility that we may encounter the same problem until the software patch has been deployed. If this happens, we expect our workaround process to get the system up and running within the hour,” said Dato’ Yusli Mohamed Yusoff, Chief Executive Officer of Bursa Malaysia.
The derivatives market was unaffected and continued to trade as normal. All market participants have been duly notified.