3,088 contracts traded during Bursa Malaysia derivatives' first night trading session

KUALA LUMPUR: Bursa Malaysia Derivatives Bhd’s first After-Hours (T+1) Night Trading Session, which was launched last night, saw strong participation from both local and foreign market participants.

In a statement today, Bursa Malaysia said a total of 3,088 contracts were traded, comprising 3,004 Crude Palm Oil Futures (FCPO) contracts and 84 FTSE Bursa Malaysia Kuala Lumpur Composite Index Futures (FKLI) contracts -- which amounted to four per cent of the total normal hours trading volume registered on Dec 6, 2021.

All trades performed during the After-Hours Trading Session will be included in the following day’s session, it said.

Bursa Malaysia Derivatives chief executive officer Samuel Ho said 15 out of the 16 licensed Futures Brokers of Bursa Malaysia Derivatives participated in the session.

"This signals a promising outlook for the After-Hours Trading session in sustaining the trading volume growth momentum for Malaysia’s derivatives market over the long term,” he said.

The After-Hours Trading launched yesterday is an extension of the exchange’s current market trading hours.

Market participants are now able to trade between 9.00 pm and 11.30 pm, from Monday to Thursday. - Bernama
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights


Next In Business News

Singapore's December exports rise 18.4%, above forecasts
China cuts rates on policy loans for first time since April 2020
Ringgit opens easier against US dollar
MIDF Research maintains 'neutral' on Maxis
Bursa opens easy in early trade
Trading ideas: AirAsia, KESM, Ageson, Lion Industries, Jade Marvel
Business summary from Jan 10-14
Ahead of election, Macron banks on rosy French economy, new jobs
Analysis-Physical crude oil market steams ahead after Omicron blip
Unilever to weigh raising the US$68.37bil offer for GSK's consumer assets

Others Also Read