Interactive Brokers has introduced trading access to Bursa Malaysia, one of the largest stock exchanges in Southeast Asia. This expansion allows clients to trade equities and ETFs denominated in Malaysian Ringgit while benefiting from streamlined foreign exchange conversion.
Broadening Global Market Opportunities
Interactive Brokers continues to extend its global investment offerings by incorporating Bursa Malaysia into its trading platform. With a market capitalization nearing USD 380 billion, Bursa Malaysia hosts over 970 companies across various sectors, including financial services, manufacturing, and oil and gas.
David Friedland, Head of APAC at Interactive Brokers, emphasized the benefits of this expansion: “Our clients can now diversify their portfolios with exposure to Malaysian equities, all while enjoying the efficiency of our automatic currency conversion feature.”
This new feature facilitates seamless trading by automatically converting a client’s base currency into Malaysian Ringgit at real-time market rates, thus removing the need for manual currency conversions.
Simplifying the Investment Experience
The addition of Malaysian equities to Interactive Brokers’ platform simplifies the trading process, enabling clients to invest without the hassle of managing currency exchanges manually. Beyond Malaysian equities, the platform also offers trading in various financial instruments, including Crude Palm Oil Futures and FTSE Bursa Malaysia KLCI Futures.
Interactive Brokers now provides access to 150 global markets, with account funding and trading available in 27 currencies, including the Malaysian Ringgit. This enhancement underscores Interactive Brokers’ commitment to offering clients unparalleled access to diverse markets and investment opportunities.
In a related development, Interactive Brokers recently expanded its bond offerings through the IBKR Bond Marketplace, allowing clients to trade global corporate bonds, European Government Bonds, and UK Gilts with extended trading hours of up to 22 hours a day.
