20070405 17:15. A setup, but it occured at the end of the day. On the subject of the proposed quota for the new local to qualify for the exchange fee and scratch trade rebate, my opinion is there should be no quota to qualify for the exchange fee and clearing fee rebates. This is because the practice in the brokerages that clear local is to impose a 'quota' of 400 contracts traded per month to qualify for the RM2 per leg commission for day trades. This, coupled with the rental cost/Pam workstatin fee, will in itself be an inducement to trade 'volume' to get these market driven benefits. Imposing an exchange side 'quota' would be counter productive to the objective of the Bursa scheme to recruit new local blood into the industry.(they will kaputt faster)