Page 43 - Introduction To Investment Management
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2.4.2  Roles of Bursa Malaysia

                        -  As  a  platform  to  sell  securities  to  the  investing  public  by  offering  a  range  of
                            exchange-related  services  and  products.  These  include  trading,  clearing,
                            settlement and depository services, along with products such as bonds, equities,
                            and derivatives.
                        -  Bursa Malaysia provides information regarding the stocks and its market.
                        -  Bursa Malaysia recognizing and subscribing the context of global capital market.
                        -  Bursa Malaysia also provides information to investors for them to compare the
                            performance of stocks and manage their portfolios.
                        -  Operate and regulate a fully integrated exchange offering a comprehensive range
                            of exchange-related facilities including listing, trading, clearing, and settlement
                            and depository services.
                        -  Enforces regulations by imposing fines and reprimands, supervising stock broking
                            and  listed  companies,  approving  listings  and  security  quotations,  regulating
                            disclosures  by  listed  companies,  and  controlling  admission  to  the  exchange’s
                            membership.



                                   2.4.3  Main Market and ACE Market

                     There are two markets available for investor to buy and sell stock in Malaysia, provided
                     by Bursa Malaysia called Main Market and ACE Market. In year 2012, the exchange has
                     recorded 826 companies are categorized under Main Market whereas 112 companies are

                     listed under ACE Market.


                     ACE is secondary stock market in  Bursa Malaysia. (ACE's old name in KLSE is Mesdaq

                     Market - Malaysian Exchange of Securities Dealing and Automated Quotation). Taking
                     over from the Mesdaq Market, the ACE Market is different because it opens to companies

                     of all sectors.



                     Table 2.6:  The Differences between Mesdaq and ACE Market

                      Mesdaq                             ACE Market
                      Confined    to   high-growth   or  Allows eligible corporations from all
                      technology-based companies         economic sectors









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