Bursa Malaysia offers cash incentives to bolster ETF trading

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KUALA LUMPUR: Bursa Malaysia Bhd has launched the ETF Power Players Incentive Programme 2023, an initiative aimed at bolstering trading value, trading volume, and the number of investors and traders trading exchange-traded funds (ETFs).


The exchange said that the programme, which runs from today until Dec 29, 2023, offers attractive cash incentives to investors and traders who actively engage in trading at least one Bursa Malaysia-listed ETF during the designated period.

Its director of origination and listing, Azhar Mohd Zabidi, said the ETF Power Players Incentive Programme 2023 is one of the many initiatives Bursa Malaysia has introduced to cultivate a vibrant ETF ecosystem.

“We believe the addition of the Power Players Incentive Programme will continue to impart a positive impact on our market dynamics while creating more opportunities for investors and traders,” he said in a statement today.

The programme this year encompasses two distinct groups, to allow for a wider level of participation.

Group A comprises retail investors with direct or nominee Central Depository System (CDS) accounts, excluding discretionary trading (DT) accounts, as well as registered representatives (RRs) or traders operating a DT account.


Meanwhile, Group B includes all investment account traders (IVTs) with CDS accounts.

The exchange said eligible participants from both groups will have the opportunity to earn monthly cash incentives based on their total traded value (TTV) in ETFs for each trading month.

The monthly cash incentives range from RM200 to RM1,500 for Group A and RM600 to RM4,800 for Group B, depending on the category achieved based on TTV, it added.

The minimum TTV requirement per trading month for Group A is RM20,000 while the minimum TTV for Group B is RM250,000.

Interested participants can find detailed information about the programme, including the full terms and conditions, at https://www.bursamarketplace.com/ETFpowerplayers/. – Bernama

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