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ETP is the acronyms of Electronic Trading
Platform. The ETP shall be the centralized price and trade repository and
dissemination for the primary and secondary bond market. It is an efficient
and facilitative market control system for Bursa to supervise the bond
market.
ETP facilitates the trading and reporting of all secondary market activities
The key business components that contribute to the business of ETP are the
provisions of:
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central order book for matching, trade reporting
and negotiation
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A comprehensive dissemination system for
price/yield and trade information dissemination
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A data storage for market history data
referential maintenance for exchange administrator
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A real time market surveillance system
The core ETP system interfaces with other
systems such as the FAST (Fully automated system for Tendering) and
Information vendors
The capital market is divided into the primary and secondary market. The
capital market comprises the conventional market and Islamic market
Primary market activities include the insurance or lender of debt securities
& money market transactions. Primary market is the source of referential
data for trading in secondary market. Secondary market activities include
trading of Government Malaysia Securities and Private Debt Securities.
Transactions that are available on ETP are Outright buy and sell, When
Issued, Reallotment, Repo or Securities Buy Back Agreement, Securities
Borrowing and Lending. The bond investors comprise secondary market
participants such as the Financial Institutions, institutions investors and
fund managers.
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