
20060905 The new Bursatrade trading engine and PAM workstation front end, will be introduced this month on Bursa Derivatives products' trading. Next very important step to bring the market into the 'big bang' the rest of the world has already experienced, is to release the Open API (Application Programming Interface) to enable full internet trading on a straight theough processing (STP) direct to Bursa matching engine basis. Some brokers like HDM Futures Sdn Bhd already provide customers with real time quotes, but there is still an inherent inefficiency in the lag time on trade confirmations etc. Full blown online trading access for all will remedy this.
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