The role of broker

To buy or sell shares on Bursa Malaysia, you need to use a registered broker who is a member of Bursa Malaysia.  You cannot deal directly with Bursa Malaysia as only brokers have direct access to the market.

• A broker acts as your agent—much like a real estate agent that sells your house.
  
• He/she earns a commission on the value of shares you trade – just like a real estate agent earns commission on buying and selling houses for people.
  
• A broker can also be involved in the listing of a new company by underwriting the float and marketing the float to their group of clients.