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Join the biggest market that will always exist. Please wait for London Time to open trade. Bank Negara Malaysia wishes to announce that foreign electronic brokers would be allowed to offer electronic broking platforms for wholesale interbank trading in the Malaysian foreign exchange market with effect from 1 July 2010. This initiative is aimed towards enhancing the participation of new players in the foreign exchange market to further increase the dynamism and competitiveness of this market.
This flexibility will promote greater trading activities as electronic broking platform increases transparency, improves market efficiency and lowers transaction costs for the market participants. Foreign electronic brokers who are interested to provide such service in Malaysia may submit the application to Bank Negara Malaysia in accordance with the requirements of the Banking and Financial Institutions Act 1989. The applicant must have system capability and infrastructure to support its business, including to address contingency and disaster recovery procedures. Click here to check this at Bank Negara website. This page may be out of date.
Save your draft before refreshing this page. Submit any pending changes before refreshing this page. Please include your IP address in your email. It looks more likely that it Overall structure is still bearish. USE AT YOUR OWN RISK ! GBP still on bearish my resistence is 1.
7180 , it could fall to 0. 7130 or below with Risk to 0. It is likely to continue to 1. After which a rebound to 1. It expect to extend its move down to around 1. 3300, it is more likely to down to 1.
But if it is break to 1. 3330 it is possible to continue to above 1. It is more likely that it would rise to around 1. 4750, After which a downside move to around 1. It is more likely to fall towards 96. 50, and you can buy at this point with target profit to 97. USD would move up to 1.
3300 , but if it is go down to 1. 2950 it is possible to extend below 1. It is looks likely to go down to around 1. 4500 and then it will move up to 1. 6950, we expect that it would go up to 0.