Bursa Malaysia Says Losses from Unauthorised Trades Quantified and Contained

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Fintech News Malaysia 20h ago

Bursa Malaysia Says Losses from Unauthorised Trades Quantified and Contained - Fintech News Malaysia

Quick Summary:

Bursa Malaysia stated that losses stemming from unauthorised trading activities executed on 24 April have now been quantified and contained.

In consultation with the Securities Commission Malaysia (SC), the exchange confirmed the incidents were limited to online client trading accounts at a small number of brokerage firms.

Steps have been taken to prevent further issues.[...]