Malaysian Capital Markets need DMA to get out of stone age

20070319 I put in a stock order today, using the so called 'online trading' systems that one of the stockbrokers provide (who are also stagnating), and the order has to go to a human, who then pushes a button to pass the order to Bursamalaysia Securities, whose's 20 year old system gives the confirmation. The whole process takes 20 to 30 seconds for the order to be confirmed. Alamak! The rest of the world are doing online trading and talking milliseconds to put in orders. We definitely need the upgrade to the Bursatrade for the securities, and for DMA (Direct Market Access) system to get up and running ASAP for the derivatives, and later for the securities side. Comeon Bursa, access the CMDF (Capital Market Development Fund) to make DMA a reality, and move the Malaysian Capital markets from the stone age into the digital age.(remember? we are in the MSC here)