Bursa Malaysia Derivatives achieves record trading volume for 2022

KUALA LUMPUR: Bursa Malaysia Derivatives Bhd reported an all-time high in yearly trading volume for all its products, as well as for crude palm oil futures (FCPO) for the year 2022.

A total of 19.1 million contracts were traded, surpassing the previous record of 18.4 million contracts in 2021 by 3.7 per cent, it said in a statement.

For FCPO, a total of 16.2 million contracts were traded in 2022, breaking the previous record of 15.6 million by 3.8 per cent.

The higher trading volume is largely contributed by foreign institutions which accounted for 50 per cent of the trading volume. Their participation has increased substantially by 27 per cent from 2021.

This strong growth demonstrates the continued confidence from the global trading community in FCPO as an effective risk management tool in times of volatility, it said.

Bursa Malaysia Derivatives acting director Mohd Saleem Kader Bakas said the exchange is glad to see higher participation from global market participants in trading its products.

"We will continue to improve the Malaysian derivatives market ecosystem and strengthen our offerings with innovative products to create more opportunities for investors to diversify and hedge their portfolio,” added Mohd Saleem.

To ensure that this positive trading volume growth continues, he said Bursa Malaysia Derivatives is committed to develop and enhance its product offerings to meet the demand of investors and hedgers.

These, have resulted in the successful launch of the revamped Gold Futures (FGLD) Contract in September 2022 and the first environmental, social and governance (ESG) based futures contract in December 2022, which is the cash settled FTSE4Good Bursa Malaysia Index Futures (F4GM) Contract.

The exchange has also seen active trading during the After-Hours (T+1) Trading Session, with a total of 1.49 million contracts traded in 2022 during T+1 Session, which amounts to eight per cent of the total day and night trading volume.

The highest daily trading volume during T+1 Session was recorded at 19,065 contracts on Dec 1, 2022, it said.

For more information on derivatives trading, visit https://www.bursamalaysia.com. - Bernama

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