Bursatrade Open API should be expediated

20060908 As traders all know, "The Trend is Your Friend". The trend worldwide is definitely tilting towards online trading via the internet.(Finextra article above) Not just online trading but direct straight through processing which eliminates the human button pusher. Even a young exchange like Thailand Futures Exchange commenced online trading for futures end Aug 2006. For Bursa, the open API release should be expediated, as soon as Bursatrade is launched, so that trading on Bursa can move down this path towards the 'big bang'. TFEX approach is interesting to note, they use a centralised software developer SETTRADE, who consulted the experts in this field, from S Korea. Korean's futures market have bounded exponentially in volume and participation ever since they incorporated online trading in 1997. Using an exchange developed platform will cut costs and pass on the economies of scale benefits to market participants.