KUALA LUMPUR: Malacca Securities Sdn Bhd has unveiled its online investment platform, M+ Global, giving Malaysians direct and secure access to stocks listed on the Hong Kong Stock Exchange (HKEX) and US NASDAQ at competitive rates.
Malacca Securities managing director Lim Chia Wei said that by offering access to the United States and Hong Kong markets, Malaysians now have greater investment opportunities in some of the largest and most successful companies across various sectors and industries globally.
Lim said over 250,000 trading accounts had been activated since its online platform, M+ Online, was launched in 2012, and its target is to hit the same numbers for M+ Global.
"We currently have 10,000 registrations on our apps after the launch one month ago, and hopefully, we will hit 250,000 clients by this year," she told reporters at the launching ceremony today.
M+ Global is a digital trading platform that empowers Malaysians to navigate the dynamic global market, seize opportunities, and take control of their financial future.
Through a single account, users can access over 7,000 stock listings in the United States, 3,000 in Hong Kong, and unlimited tradeable derivatives, including warrants, exchange-traded funds (ETFs), callable bull/bear contracts (CBBCs), and real estate investment trusts (REITs).
This unparalleled access to foreign exchange allows Malaysians to invest in major corporations such as Apple, Tesla, Alibaba, Tencent, and many more.
According to Lim, M+ Global is Malaysia's first digital trading platform that offers basic real-time data in partnership with the NASDAQ.
"Through this partnership, Malaysians will now have access to real-time quotes (RTQs), which will boost their investment experience and help them make better-informed investment decisions with access to the actual price of a security in real-time," she said.
M+ Global is Malaysia's only digital trading platform that offers a Shariah screening feature for global stocks, allowing Malaysians to identify Shariah-friendly stocks efficiently and accurately on a global scale.
This unique feature on the platform was offered to Malaysians through a partnership with IdealRatings Inc., a global leader in providing Islamic finance solutions.
M+ Global is also an intelligent platform integrated with 24/7 stock-mover monitoring and real-time news, providing users exclusive access to timely global financial information to stay up-to-date on important market-moving events and make more informed investment decisions.
Lim said Malacca Securities is committed to continuously improving and advancing the platform to provide Malaysians with an intelligent and accessible gateway to the global marketplace.
"Users can expect more upcoming features such as initial public offering (IPO), conditional orders, US fractional shares, and options trading, which will be rolled out in stages starting in June this year," she added.