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2018-11-16 12:40 | Report Abuse
IDSS is d tool d decoy
Accumulate is d end
Accumulate for good qr
2018-11-16 12:02 | Report Abuse
alex ahboy aka Bersatu I tell ur mom u curse come my next session wit her
2018-11-16 12:00 | Report Abuse
Hard to make a living IDSS Hibiscus
Straight IDSS cannot
Is it to push down to actually accumulate at low for qr?
LBGT IDSS maybe?
2018-11-16 11:47 | Report Abuse
Leap of faith at 0.52 is rewarded
2018-11-16 08:24 | Report Abuse
If IDSS dare to do it tis morning I salute
2018-11-16 08:21 | Report Abuse
Base case
Played out by Trump looking like a fool Saudi OPEC Russia wil decide to cut production in early December
2018-11-15 17:17 | Report Abuse
Y short a supposedly bullish counter I continue to seek answers
2018-11-15 17:03 | Report Abuse
Knn how to make a living out of IDSS??
2018-11-15 17:02 | Report Abuse
Yes
Yet can't tell yet why Hibiscus to IDSS?
2018-11-15 16:25 | Report Abuse
alex ahboy aka Bersatu I tell u mom u curse come my next session wit her
2018-11-15 16:24 | Report Abuse
So don't b scared by IDSS big sell q
2018-11-15 16:22 | Report Abuse
Today look like even more 80%
2018-11-15 16:21 | Report Abuse
YES yesterday the IDSS caused a whopping 80% of d total volumn
2018-11-15 16:16 | Report Abuse
alex ahboy I tell u mom u curse come next session
2018-11-15 16:15 | Report Abuse
dexeric Just tell lor...
hint
IDSS goes two ways
2018-11-15 16:14 | Report Abuse
alex ahboy I tell u mom u curse come next session
2018-11-15 16:11 | Report Abuse
u can
off pc n think harder
2018-11-15 16:09 | Report Abuse
dexeric 183063(00)/419122(00)x100 = 43.6%
15/11/2018 16:04
think harder
2018-11-15 15:41 | Report Abuse
OrlandoOIL Tis is wrong u know
dexeric 183063(00)/419122(00) of IDSS . 43.6% IDSS volume of total volume
15/11/2018 15:10
15/11/2018 15:15
dexeric @OrlandoOIL sorry... which is wrong?
15/11/2018 15:23
tis oso u think harder
2018-11-15 15:36 | Report Abuse
12. Q: Will the POs be penalised if the clients do not close of the sell position by
end of trading day?
A: The failure to close of the sell position by end of trading day is considered a breach of the
BMS Rules, and Bursa may take the necessary enforcement actions depending on the
facts and circumstances.
Bursa expects the POs to review the clients who consistently fail to close of the sell position
and assess their suitability in trading in IDSS periodically.
SBL is last resort n against d rules
2018-11-15 15:15 | Report Abuse
Tis is wrong u know
dexeric 183063(00)/419122(00) of IDSS . 43.6% IDSS volume of total volume
15/11/2018 15:10
2018-11-15 15:13 | Report Abuse
it can b 1.06 or higher
they hv in fact put big big sell q at all d higher prices to scare ppl into selling
gunter Let's say current price is 1.05/1.06
If I were to IDSS, must I sell to highest bid at 1.05? Can I also queue to sell at 1.06?
15/11/2018 14:57
2018-11-15 15:07 | Report Abuse
to borrow from financial institutions
tis is in breach of d laws
2018-11-15 14:47 | Report Abuse
11. Q: What are the client’s option to settle his/her position in the event that the IDSS trade
is not covered by the end of day?
A. The Client can perform either one of the following:
(i) To borrow the shares via the Securities Borrowing and Lending (“SBL”) agreement.
(ii) To perform manual buying in process / let the transaction be subjected to auto
buying in.
(iii) To transfer the shares from another CDS account, subject to transfer rules.
(iv) To utilise his/her existing shares to cover the positions.
However, please note that the failure to close off the sell position by buying back by the
end of trading day is considered a breach of the BMS Rules.
Any loopholes here?
2018-11-15 14:46 | Report Abuse
10. Q: Can an IDSS be carried out or be closed off by way of Direct Business Transaction
(“DBT”) or On-Market Married Transaction (“OMMT”)?
A: No IDSS transaction to be performed by way of DBT or OMMT. It can only be performed
by way of On Market Transaction.
2018-11-15 14:45 | Report Abuse
FAQs for the BMS Rules in relation to IDSS
Version 1
Apr 2018
1
Frequently Asked Questions for the Rules of Bursa Malaysia Securities Berhad (“BMS Rules”) in
relation to Intraday Short Selling (“IDSS”)'
General information
1. Q: What is IDSS?
A: IDSS allows clients to sell first and buy the securities later. All sell positions must be closed
off with buy positions on T-day itself. IDSS is allowed during all trading phases except
during Trading at Last where only the buy order is allowed.
2. Q: Can IDSS be carried out for all securities?
A: No, IDSS can only be carried out for Approved Securities.
3. Q: How do we get the list of Approved Securities and frequency of updates?
A: The Approved Securities list is issued in a PO’s Circular which is published at this link:
http://www.bursamalaysia.com/market/regulation/rules/bursa-malaysiarules/securities/rules-of-bursa-malaysia-securities
From 2018 onwards, the list will be updated twice a year in May and November.
4. Q: Who can trade in IDSS?
A: All clients are allowed to trade in IDSS if the clients comply with all the prescribed conditions
for executing IDSS as set out under the BMS Rules as well as other requirements as may
be imposed by the Participating Organisations (“POs”).
5. Q: What are the conditions for executing IDSS that need to be complied with by a client?
A: (i) the client has entered into an agreement to borrow Eligible Securities or purchase
Islamic Securities Selling and Buying – Negotiated Transaction (“ISSBNT”) Eligible
Securities to settle all potential failed trades which may occur in the event any IDSS
are not closed off by the end of the day;
(ii) the client has signed the prescribed risk disclosure statement; and
(iii) the client has submitted a written declaration that the client:
(a) fully understands the requirements in the BMS Rules in relation to IDSS; and
(b) is not associated with the body corporate that issued or made available the
Approved Securities in relation to which an order for short sale is to be entered.
6. Q: When is IDSS go-live date?
A: IDSS go-live date is 16 April 2018.
7. Q: When is IDSS system pre-live date?
A: IDSS system pre-live date is 14 April 2018.
Controls and rules
8. Q: Under Rule 8.34 of the BMS Rules , who would be considered as an “associated
person”?
A: The “associated person” referred to in Rule8.34 has the same meaning as set out in section
3 of the Capital Market and Services Act 2007 (“CMSA”).
9. Q: Will Bursa Securities Malaysia Berhad (“Bursa”) provide Participating Organisations
(“POs”) with the “suitability assessment” on potential IDSS clients?
A: No. The suitability assessment to be adopted by each POs will depend on their internal
approved policies and procedures. This is consistent with the stance of Bursa on KYC
requirements for all products of Bursa.
10. Q: Can an IDSS be carried out or be closed off by way of Direct Business Transaction
(“DBT”) or On-Market Married Transaction (“OMMT”)?
A: No IDSS transaction to be performed by way of DBT or OMMT. It can only be performed
by way of On Market Transaction.
11. Q: What are the client’s option to settle his/her position in the event that the IDSS trade
is not covered by the end of day?
A. The Client can perform either one of the following:
(i) To borrow the shares via the Securities Borrowing and Lending (“SBL”) agreement.
(ii) To perform manual buying in process / let the transaction be subjected to auto
buying in.
(iii) To transfer the shares from another CDS account, subject to transfer rules.
(iv) To utilise his/her existing shares to cover the positions.
However, please note that the failure to close off the sell position by buying back by the
end of trading day is considered a breach of the BMS Rules.
12. Q: Will the POs be penalised if the clients do not close of the sell position by
end of trading day?
A: The failure to close of the sell position by end of trading day is considered a breach of the
BMS Rules, and Bursa may take the necessary enforcement actions depending on the
facts and circumstances.
Bursa expects the POs to review the clients who consistently fail to close of the sell position
and assess their suitability in trading in IDSS periodically.
13. Q: Are Proprietary Trading Investment (“IVT”) traders required to have the SBL
agreement when trading in IDSS?
A: No, they do not if the PO is already an SBL Approved Borrower.
14. Q: How does a PO apply to be an SBL Approved Borrower?
A: Please refer to the department Intermediaries Affair ,Regulation for more information.
Tagging of Orders
15. Q: Is a PO required to tag an IDSS order?
A: Yes. Please refer to the POs’ Trading Manual for further information.
Suspension of IDSS
16. Q: What are the scenarios where IDSS will be suspended?
A: The possible scenarios are as follows:
▪ Gross short selling volume (RSS + IDSS + short sellin
2018-11-15 14:21 | Report Abuse
1 Q is curious to know r all banks IDSS d same? Cos thr r some crazy IDSS at even 4.45
2018-11-15 13:58 | Report Abuse
IDSS conviction is admirable but wil jz make thm die harder
I m long n strong
2018-11-15 11:37 | Report Abuse
IDSS vs MSCI
IDSS wil big die
2018-11-15 07:30 | Report Abuse
Meanwhile, under the MSCI Global Small Cap Indexes, the additions were Aeon Co (M) Bhd, FGV Holdings Bhd, Hibiscus Petroleum Bhd, MyEG and UMW Holdings.
Knn tis d most significant good news
Now every funds tat is worth their salt wil hv to hv Hibiscus as part of their portfolios
2018-11-14 16:26 | Report Abuse
OPEC's secretary general has told CNBC that oil price volatility is due to anxiety ahead of the 14-member oil producer group's next meeting in Vienna in December.
"What is happening at the moment, in our opinion, is the normal volatility that comes in the run up to our conferences. As you know, we reconvene in Vienna on the 6th and 7th of December … and this period between now and December is a period of anxiety for all stakeholders," Barkindo told CNBC Europe's Squawk Box at the ADIPEC conference in Abu Dhabi.
He said the organization of oil producers, whose defacto leader is Saudi Arabia, remained focused on stabilizing oil markets, which have seen supply and demand out of kilter for several years.
2018-11-14 16:22 | Report Abuse
U hv IDSS to force price down or not??
2018-11-14 16:18 | Report Abuse
How to make a living out of IDSS??
I m getting closer
2018-11-14 11:27 | Report Abuse
Tat ID part in IDSS means IDSS hv to buy intra day later
2018-11-13 17:30 | Report Abuse
Dow big drop oil small drop Hibiscus recover at end long wit power
2018-11-13 17:27 | Report Abuse
Final wit d upper hand is d long tat is me as alex ahboy mum can attest
2018-11-13 17:23 | Report Abuse
Equally determined d long n d short
2018-11-13 12:02 | Report Abuse
More IDSS die now better give up n stop ur IDSS now n go long instead
2018-11-13 12:00 | Report Abuse
So it is confirmed 1.10 sell q mostly IDSS can u c?
2018-11-13 11:11 | Report Abuse
Now IDSS put big fake sell q hope can cut loss
2018-11-13 11:01 | Report Abuse
Can forget abt Hibiscus for IDSS cos even today it is not drop so much to gain fr IDSS
2018-11-13 10:59 | Report Abuse
Select good Hibiscus for IDSS is not wise d
Knn some more IDSS at tis low price
IDSS avg price now 1.09 all die today
Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD
2018-11-16 16:18 | Report Abuse
IDSS make sell q very heavy Dayang not such problem