what is the kuala lumpur stock exchange klse 
the kuala lumpur stock exchange klse is the former name of a malaysian stock exchange located in the capital city of kuala lumpur the klse dates back to 1930 and was specifically created to allow the trading of malaysian securities the exchange went through several name changes over the years but is now known as bursa malaysia 1 klse is one of the largest exchanges in the association of southeast asian nations asean allowing traders to trade equities exchange traded funds etfs offshore islamic assets and other securities 2 understanding the kuala lumpur stock exchange klse as noted above the kuala lumpur stock exchange is now known as bursa malaysia the exchange is fully integrated and offers clearing trading listing depository and settlement services 3 it has a fully automated trading system which launched in late 2008 1according to the exchange s website 900 companies are able to use it to raise capital through a number of different economic activities 2 its main index is the kuala lumpur composite index klci now known as ftse bursa malaysia klci which is composed of the top 30 companies on the bursa malaysia exchange 4a number of different financial securities are traded on bursa malaysia including equities bonds derivatives exchange traded products etps and real estate investment trusts reits there s also an islamic market team that promotes shariah compliant capital markets to cater to the nation s muslim majority 5 this market includes domestic and offshore islamic assets as well as islamic banking the shari ah compliant trading platform that was launched in 2009 companies that want to list on the exchange have three options available including the main or prime market for large established corporations as well as the ace market for companies that have the potential for growth 6 the final option is known as the leap market which is meant for up and coming small and mid sized companies 6bursa malaysia also works with other global corporations and exchanges to promote performance and transparency in global capital markets for instance it entered into a partnership with the chicago mercantile exchange cme to offer derivatives 7 this agreement is valid until 2025 7if you want to invest in the malaysian market consider a mutual fund exchange traded fund or an american depositary receipt special considerationstraders are only able to short sell equity based exchange traded funds but that may change in the future in july 2018 bursa malaysia released a consultation paper that sought public comment on a proposed amendment related to etfs 8 this call comes after a task force on etfs which included the securities commission malaysia sc bursa malaysia and other market participants made recommendations aimed at expanding investor interest in etfs recommendations from the task force urged including etfs such as in service of these goals the rule changes would loosen regulations on the short selling framework to allow various short selling types of etf units history of the kuala lumpur stock exchange klse the exchange dates back to 1930 when it was established as the singapore stockbrokers association this was the first securities business developed in the southeast asian nation 1 it went through a series of name changes including the malayan stock exchange and the stock exchange of malaysia 1 securities trading to the public began in 1960 and the exchange was incorporated as a company in 1976 1 in a move to become more customer focused the exchange demutualized in 2004 1 with demutualization a business that has member ownership converts into one that has shareholders with this change in ownership structure the name changed to bursa malaysia 