Bursa Malaysia Tweaks Trading Data as Regional Transparency Scrutiny Grows

Bursa Malaysia said it will overhaul how it reports who is trading its shares, splitting investors using nominee accounts into ‘large’ and ‘small’ categories from April 6, as it seeks to improve market transparency.

Nominee structures separate legal from beneficial ownership and are widely used by online platforms, meaning some retail orders have been showing up in data as institutional or foreign activity.

Bursa said the change followed market feedback seeking clearer measures of participation.

The move comes as regional bourses face scrutiny over transparency after MSCI warned Indonesia risked being reclassified over opaque ownership and trading practices.