Bursa Malaysia, TNG Digital and Affin Hwang IB have signed a Memorandum of Collaboration to enable investors to invest in the stock market through TNG’s digital platform.
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NewsTranscript
00:00 The key thing is get back to purpose.
00:05 Our focus is the purpose.
00:06 Seamless experience.
00:09 Ability to access education.
00:12 You would have heard me often talk
00:15 about the informed investor, education.
00:18 We don't want, I mean, the proliferation of scams.
00:22 So the idea, if you like, is to make the ability
00:27 to access information available.
00:31 Number two is to make that seamless.
00:34 And number three, that call to action, if you like,
00:36 should the investor wish to invest, also seamless.
00:40 And that's the key of the sandbox.
00:41 So it's gonna be a user experience focus
00:45 while ensuring that we comply with all necessary regulations.
00:49 So there's little point launching a product
00:53 that doesn't excite the market.
00:55 It needs to be an experience that is seamless and easy.
01:00 Because as we know, that's what investors' expectations are.
01:04 We have a track record of bringing some investment product
01:09 really to the masses.
01:11 So if you, I think many of you might be the user
01:14 for Go Plus, it's a money market fund.
01:17 And you can see the whole journey of onboarding
01:20 and using it is so seamless.
01:23 And that's one of the main reason why
01:26 there are so many users for this.
01:28 We want to repeat the same success with share trading.
01:31 Another main key pinpoints of people don't do share trading
01:36 is also because of, you see, we don't have enough money.
01:40 The entry barrier is too high, it's too complex,
01:43 it does not worth my efforts.
01:44 We also hope through Touch & Go eWallet,
01:47 we can address all these pinpoints.
01:49 We are the largest broker in Malaysia
01:53 by trading market share.
01:55 We have an efficient trading platform
02:00 which allows the investors to basically access
02:04 the market real time, real time information.
02:08 We give the investors ability to transact
02:15 as well as even monitor the investment portfolio.
02:20 We are a regulated entity, so we will ensure
02:26 that risk and control scientists, it's rigorous
02:31 and that will help prevent misuse and fraud.
02:37 - This collaboration represents a significant opportunity
02:43 and significant effort, if I may, to democratize investing
02:47 for Malaysia.
02:48 [BLANK_AUDIO]