24 October 2017
Register now

Bursa Malaysia Derivatives products migrate to CME Globex

20 September 2010  |  3496 views  |  0 Source: CME

Bursa Malaysia Derivatives Berhad successfully migrated all its derivatives products onto CME Globex, the electronic trading platform of CME Group, today.

This move to CME Globex enables global traders to access Bursa Malaysia Derivatives products electronically, particularly the global benchmark crude palm oil futures (FCPO) contract. The migration of all Bursa Malaysia Derivatives products onto CME Globex will create broader exposure for Bursa Malaysia Derivatives products. Greater accessibility for both local and international traders is facilitated by multiple access points through nine international telecommunications hubs, one of which is located in Kuala Lumpur, offering unparalleled global distribution.

Bursa Malaysia Derivatives will continue to operate and regulate its market as well as have control over trading hours, products and its specifications, spread definitions and pricing, within the parameters supported by CME Globex. The trading hours for the Malaysian derivatives market will remain unchanged. All Bursa Malaysia Derivatives contracts traded on the CME Globex electronic trading platform will continue, as per current practice, to be cleared by Bursa Malaysia Derivatives Clearing Berhad, a subsidiary of Bursa Malaysia Derivatives. There are changes to the rules of Bursa Malaysia Derivatives Berhad to reflect the trading features and functionalities on CME Globex.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.innotribe.comvisit www.vasco.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
20121 views comments | 31 tweets | 43 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15385 views comments | 24 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11080 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9201 views comments | 15 tweets | 29 linkedin

Featured job

Find your next job