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Bursa Malaysia Derivatives (BMD) offers 3 categories of derivatives: Commodity Derivatives, Equity Derivatives and Financial Derivatives.

FTSE Bursa Malaysia KLCI Options (OKLI)

Equity Derivatives

To Access BMD product prices / code on CME GLOBEX® Electronic Trading Platform

Example:

Accessing BMD product prices / code on CME GLOBEX Electronic Trading Platform
FGLD: BMD\FGLD\OCT14
Please type BMD\FGLD\relevant contract month code
FKLI: BMD\FKLI\Dec14
Please type BMD\FKLI\relevant contract month code
FCPO: BMD\FCPO\MAR15
Please type BMD\FCPO\relevant contract month code
FPOL: BMD\FPOL\MAR15
Please type BMD\FPOL\relevant contract month code
KLIBOR: BMD\FKB3\MAR15
Please type BMD\FKB3\relevant contract month code
3 YRS BOND: BMD\FMG3\MAR15
Please type BMD\FMG3\relevant contract month code
5 YRS BOND: BMD\FMG5\MAR15
Please type BMD\FMG5\relevant contract month code
OKLI: BMD\OKLI\DEC14
Please type BMD\OKLI\relevant contract month code

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FTSE Bursa Malaysia KLCI Options (OKLI)

Contract Specification

FTSE Bursa Malaysia KLCI Options (OKLI)
Contract CodeOKLI
Underlying Instrument FBM KLCI Futures (FKLI)
Type European Style
Contract Size One FKLI contract
Tick Size 0.1 index point valued at RM5
Contract Months Spot month, the next month and the next two calendar quarterly months. The calendar quarterly months are March, June, September and December.
Trading Hours
  • First trading session: Malaysian time 8:45 a.m. to 12:45 p.m.
  • Second trading session: Malaysian time 2:30 p.m. to 5:15 p.m.
Exercise Price Interval At least 13 exercise prices (6 are in-the-money, 1 is at-the-money and 6 are out-of-the-money) shall be set at interval of 10 index points for the spot and next month contracts. At least 7 exercise prices (3 are in-the-money, 1 is at-the-money and 3 are out-of-the-money) shall be set at interval of 20 index points for the next 2 quarterly month contracts.
Last Trading Day The last business day of the contract month.
Settlement of Option Execise In the absence of contrary instructions delivered to the Clearing House, an option that is in-the money at expiration shall be automatically exercised. Exercise results in a long FKLI position, which corresponds with the option’s contract month for a call buyer or a put seller, and a short FKLI position for a put buyer or a call seller. The resultant positions in FKLI shall then be cash-settled based on the final settlement value of FKLI.
Speculative Position Limit 10,000 FKLI-equivalent contracts (a combination of OKLI and FKLI contract), net on the same side of the market in all contract months combined.

 

Resources for Download

Contract Specification
English | Chinese
169 KB | 1.395 MB (PDF)

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