Malaysia Raises Ceilings for Online Settlements as Small Funds Rush Into
This year, Malaysia will double the limits for online settlement, as the rush of small investors into stocks helped push the market into bull territory. In the second half, the Securities Commission would require up to RM100,000 regular electronic settlement, from the current cap of RM30,000 to RM50,000, said executive chairman Syed Zaid Albar in an emailed reaction to request. …