KLCE.org revamps a set of business principles and practices applicable to a wider market
KUALA LUMPUR, KUALA LUMPUR, MALAYSIA, June 18, 2022 /EINPresswire.com/ — Kuala Lumpur Commodity Exchange (KLCE), a pioneering commodity exchange that provides comprehensive and convenient access to Malaysian commodity markets, today announced the introduction of an updated Code of Conduct applicable to market events held under its authority with the intention of preserving trust and integrity for the commodities market as well as raising standards across the board Of the industry.
KLCE operates under a defined set of practical terms that govern the behavior of market representatives and the decision-making process. The Code of Conduct, which embodies a simple amplification of the exchange’s business principles, provides clear direction and guidance to staff members when acting in accordance with their official qualifications. KLCE is rightly pleased with the high standards of staff members who demonstrate professional conduct and states that the code of conduct will help to further emphasize their obligations to market participants.
In addition, the KLCE brand is used by members and clients when marketing their business and organizing various events, thus contributing to the dynamism of the commodities market. All types of events with the participation of the Exchange or which refer to its activity will be organized in accordance with the Code of Conduct. By publishing the Code of Conduct, KLCE intends to simplify the continuous improvement of conduct in the markets. To this effect, KLCE recognizes that several members and clients will undertake strong conduct actions and the Exchange appreciates that it plays a major role in ensuring that all market users can expect a highly professional environment.
“Our Exchange has a well-established set of values involving reliability, multiformity, effective partnerships and involvement. The publication of our Code of Conduct expands our market insights available to all interested parties who attend business development events,” said Serenban Patelibar, Senior Vice President.
About the Kuala Lumpur Commodity Exchange (KLCE)
KLCE.org is a pioneering commodity exchange that provides comprehensive and convenient access to the Malaysian commodity markets. The Exchange’s markets provide clients with trading opportunities across a diverse range of asset classes, all combined with the best post-trade services. KLCE is the primary liquidity and price discovery center for the Malaysian markets. KLCE hosts trade stocks, bonds, derivatives, currencies, money market instruments and commodities. The Exchange is also a leader in modernizing Malaysia’s financial market infrastructure and promoting Kuala Lumpur as an international financial centre.
Kuala Lumpur Commodity Exchange (KLCE)
write to us here