Malaysia is
a great place to invest and investors make huge profits by investing in the
companies listed in Bursa Malaysia. Young traders or rather emerging traders
are inspired to invest in the Bursa Malaysia. But before I tell you how you can
start off your trading let me give you a brief knowledge of what is Bursa
Malaysia Hot Stock.
Intro to Bursa Malaysia Hot Stock Market:
Bursa
Malaysia is an exchange holding company. In year 2007 it was approved under the
section 15 of the Capital Markets and Service Act 2007.
It offer
complete exchange related services like:
· Trading
·
Clearing
·
Settlement
·
Depositary
services
It was
previously identified by the name Kuala Lumpur Stock Exchange (KLSE) in 1930’s
in Malay. Bursa Malaysia basically deals in:
·
Securities
market
·
Derivative
markets
·
Islamic
offering
·
Others like bond, offshore markets
How you can trade
stocks in Bursa Malaysia:
Once you are
aware of what this market is and where it deals now I will tell you how you can
start trading at Bursa Malaysia Markets and step forward for earning handsome
returns. But one important thing before you make your mind for trading In Bursa
Malaysia is that you must be above 18 years or else you have enough time to
study what is Bursa Malaysia and how trading is done here until you cross your
18th Birthday.
Here are the 5
important steps:
1.
Trading Account:
Approach to some authorized depositary agent company or bank and open
your Central Depositary System account (CDS).
Various
stock broker company details are on the official website of Bursa Malaysia and
you can take the details of those brokers and visit them for the further
process also submitting documents which you need to verify from the Notary
Public.
Benefits of
CDS account:
·
Helps
in buying and selling of the shares easily
·
You
can also deal in bonds and warrants
·
Like
bank account you can keep your shares
·
If
you have Direct CDS account you will receive all your dividend checks at your
house address
·
If
you have pledged CDS account, all your dividend checks will go to the stockbroker
and from there he will send it at your bank
2.
You need to choose between Direct CDS account or Pledge CDS account:
The decision is plainly yours, which account you want to choose from. Generally,
if you choose a pledge account your broker needs to manage everything on your
behalf and you are tension free about the various formalities and if you choose
Direct account you need to manage everything on your own.
As you can have more than 1 CDS account, you can open one Direct CDS and
one Pledge CDS account as per your preference.
3.
Choose a Remisier for yourself:
Remisier is the agent of the stock broking company which you need to pay
commission for getting the latest updates of:
·
Bursa
Malaysia Intraday Tips
·
Klse
stocks recommendations
4.
Buying and selling the key decision:
Now you are all set for the buying and selling of the shares all you need
is a perfect buyer for whatever you need to sell and a seller for what you need
to buy and you must club together at a price that is acceptable by both the
companies.
5.
Payment:
Now it’s the time to pay for whatever you buy. For each share you buy you
need to pay for the share from your CDS account and if not done then you will
be forced for contra loss or contra gain which is sometimes dangerous. You must
remember that you carefully analysis the Intraday Tips given by your broker or
the Malaysia Hot Stock Picks and never underestimate the klse stocks recommendations.
So this is an
easy 5 step process you can use to enter into the Bursa Malaysia Stock Market.
Remember
young Traders:
“The Delay You Make To Enter Into The Markets Is The Delay
You Make In Earning Returns.”
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