Wednesday, July 23, 2008

New Matching Price Mechanism On 28th July 2008

On the 28th July 2008, Bursa will implement a new matching price mechanism. Pls Take Note!

Important features you need to know …

1. From 8:30am-9:00am, a “theoretical opening price” or TOP will be display which
means at this price will be matched. Else it will not shown any TOP but instead
just the buyers and sellers qty.
2. From 9:00am – 12:15pm, will be as usual.
3. From 12:15pm-12:20pm will be based on theoretical matching price.
4. From 12:20-12:30pm, a theoretical matching price will be displayed. U R not
allowed to buy/sell higher/lower than that price.

Above will also be applied to the second session ….

PLS BE CAREFUL … The new system matched (BUYERS and SELLERS) VERY FAST (as stated by the Bursa officer), so CANNOT be easily cancelled.

IF U R UNSURE PLS DO NOT DO ANYTHING BEFORE THE MARKET OPENED !!!!!!!!! USED TO THE NEW SYSTEM FIRST! !!!

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