KUALA LUMPUR: Bursa Malaysia Derivatives Bhd registered an all-time high in trading volume for 2021, given the continued acceleration in its growth momentum throughout last year.
“A record high 18.4 million contracts were traded in 2021, in terms of total volume, surpassing the previous high of 18.2 million contracts registered in 2020,” it said in a statement.
The crude palm oil futures (FCPO) contract continued to be actively traded, recording a strong performance of 15.6 million contracts traded in the year 2021, breaking the previous record of 14.6 million, an increase of 6.8%.
“Greater interest in trading options on crude palm oil futures (OCPO) contracts by investors have resulted in a total volume of 95,205, an increase of 44% from 66,066 contracts registered in year 2020.
“The TSE Bursa Malaysia KLCI Futures (FKLI) trading volume rose to 66,887 contracts on 27 May 2021, the highest daily trading volume recorded, while FCPO contracts had the highest monthly trading volume at 1.7 million in June 2021, indicating significant interest in both products,” it said.
Bursa Malaysia Derivatives chief executive officer Samuel Ho said it was very encouraged by the strong support from market participants and industry players to its products and services, which has resulted in the robust performance for 2021.
“With the availability of After Hours Trading and upcoming products we plan to launch this year, we are confident that the Exchange will continue to improve the Malaysian derivatives market ecosystem and create a vibrant marketplace for investors to seek new opportunities and hedge their portfolio,” he added.
The After-Hours (T+1) Trading Session, which was introduced on Dec 6, 2021 saw a total of 51,513 contracts traded during the T+1 session in December 2021, contributing 5% of the day and night average daily trading volume in the same period.