KUALA LUMPUR (Dec 17): Intraday short-selling (IDSS) and intraday short-selling by proprietary day traders (PDT short sale) will resume on Jan 1, 2022 as the Securities Commission Malaysia (SC) and Bursa Malaysia Bhd will lift the temporary suspension as scheduled. “Consequently, the PDT temporary waivers related to PDT short sale will no longer be applicable,” the two entities said in a joint statement. “Effective Jan 1, 2022, the IDSS and PDT short sale will resume with enhanced control measures to ensure stability and orderly trading. “In addition to the current short selling limits, IDSS and PDT short sale orders must be entered in accordance with the ‘at-tick rule’. According to Bursa Malaysia’s website, there are currently 241 Approved Securities for PDT short selling with effect from Nov 29.

Source: The Edge Markets December 18, 2021 00:23 UTC