20070308 This organisation is one of the Investment Banks classified by Bank Negara Malaysia. It is one among others which offer so called investment banking services.(as seen from their 'services;' offerings) But futures/options broking is not one of these services. With the recent crash of world's stock markets, I wonder how the employees of this question answer customer enquiries such as: "We think the markets might correct, can you short some futures contracts to hedge our portfolio?". Without a futures broking arm the answer might come back as, "Er, sorry we don't offer futures broking services." These are the flagship financial institutions of Malaysia, who can hold themselves out as investment bankers, yet do not provide risk management services such as futures. Bursamalaysia should revamp the trading memberships structure, pay back the RM1.5million to be a trading member, start afresh and rope in the remaining Universal brokers, small brokers and the investment banks to be members of Bursamalaysia Derivatives Exchange. Undo the mistake of leaving out the derivatives industry from the demutualisation of the then KLSE, start afresh and make hedging/risk management an integral part of the Malaysian capital market landscape.