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Bursa Malaysia: Unauthorised trades resolved, no losses incurred by investors

The Star·05/19/2025 13:42:00
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PETALING JAYA: Bursa Malaysia Bhd has announced that the unauthorised trades that took place on April 24 have been resolved and that the affected investors will not incur losses.

In a statement, the local bourse said it and the affected brokers have reached a consensus to manage the unauthorised trades, with the support of counter-party brokers.

“The key outcome results with the underlying principle that no investor with unauthorised trades shall incur losses arising from the incident.

“As stated previously, the unauthorised trades were confined to a very limited number of brokers’ client online trading accounts.” There were approximately 80 accounts affected, which amounts to less than 0.01% of the total online trading accounts.

“Subsequently, the affected securities and proceeds from the unauthorised trades, withheld since April 27, 2025 to facilitate the investigation, will be released following post trade actions on May 20, 2025.

“For the most part, the net effect of this process is the return of the affected securities and proceeds to the impacted investors, restoring their positions prior to the incident.” Bursa Malaysia said a thorough investigation is currently underway to understand the root cause of the incident.

“Bursa Malaysia continues to work closely with the industry on the matter. Investor protection and market confidence remain paramount to the capital market,” it said.