Malaysia to life short selling ban effective Jan 1 2022

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) will lift the temporary suspension on Intraday Short Selling (IDSS) and Intraday Short Selling by Proprietary Day Traders (PDT Short Sale) that were scheduled to expire on 31 December 2021. Consequently, the PDT Temporary Waivers related to PDT Short Sale will no longer be applicable.

Effective 1 January 2022, the IDSS and PDT Short Sale will resume with enhanced control measures to ensure stability and orderly trading. In addition to the current short selling limits, IDSS and PDT Short Sale orders must be entered in accordance with the “at-tick rule”. Under the automated application of the “at-tick rule”, short selling orders will be executed at the best current asking price or higher.

PDT Short Sale will only be permitted on securities listed as Approved Securities in the Main Market (Day Trading Eligible Securities) and where the PDT already has in place an agreement to borrow the Day Trading Eligible Securities.

The SC and Bursa Malaysia will continue to monitor domestic and global developments affecting the securities market, and take a proactive approach in implementing measures to support a fair and orderly market.

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