Bursa Malaysia Derivatives hits all-time high in 2021 – The Star Online

PETALING JAYA: Bursa Malaysia Derivatives Bhd posted an all-time high trading volume for 2021, given the continued acceleration in its growth momentum throughout last year.

It revealed in a statement yesterday that a record high 18.4 million contracts were traded in 2021, surpassing the previous high of 18.2 million contracts in 2020.

“This has resulted in a record of achievements in 2021 for highest monthly and yearly trading volume for Crude Palm Oil Futures Contract (FCPO); highest yearly trading volume for Options on Crude Palm Oil Futures (OCPO); highest daily trading volume for FTSE Bursa Malaysia KLCI Futures (FKLI); and highest yearly trading volume for all products combined,” Bursa Malaysia Derivatives said.

It noted that the FCPO contract continued to be actively traded, recording a strong performance of 15.6 million contracts traded in 2021, breaking the previous record of 14.6 million, or an increase of 6.8%.

“Greater interest in trading OCPO contracts by investors have resulted in a total volume of 95,205, an increase of 44% from 66,066 contracts registered in 2020.

“The FKLI trading volume rose to 66,887 contracts on May 27, 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,” Bursa Malaysia Derivatives said.

Aside from the positive trading volume growth, Bursa Malaysia Derivatives said it constantly develops and improves product offerings to meet the demands of market participants for effective price risk management tools.

“This has resulted in the successful launch of key products in 2021, which include the new East Malaysia Crude Palm Oil Futures Contract, the revamped Crude Palm Kernel Oil Futures Contract, as well as the revamped three-year Malaysian Government Securities Futures Contract, and 10-year Malaysian Government Securities Futures Contract,” it added.