Products
Bursa Malaysia Derivatives (BMD) offers 3 categories of derivatives: Commodity Derivatives, Equity Derivatives and Financial Derivatives.
Equity Derivatives
- FTSE Bursa Malaysia KLCI Futures (FKLI)
- FTSE Bursa Malaysia KLCI Options (OKLI)
- Single Stock Futures (SSFs)
- Mini FTSE Bursa Malaysia Mid 70 Index Futures (FM70)
To Access BMD product prices / code on CME GLOBEX® Electronic Trading Platform
Example:
| 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 |
Education
Learn more about Derivatives
FTSE Bursa Malaysia KLCI Options (OKLI)
Contract Specification
| Contract Code | OKLI |
|---|---|
| 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 |
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| 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.
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Resources for Download
Contract SpecificationEnglish | Chinese
169 KB | 1.395 MB (PDF)
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