Products
Bursa Malaysia Derivatives (BMD) offers 3 categories of derivatives: Commodity Derivatives, Equity Derivatives and Financial Derivatives.
Financial Derivatives
- 3 Month Kuala Lumpur Interbank Offered Rate Futures (FKB3)
- 3-Year Malaysian Government Securities Futures (FMG3)
- 5-Year Malaysian Government Securities Futures (FMG5)
To Access BMD product prices / code on CME GLOBEX® Electronic Trading Platform
Example:
| FKLI: | BMD\FKLI\JUN13 Please type BMD\FKLI\relevant contract month code |
|---|---|
| FCPO: | BMD\FCPO\NOV13 Please type BMD\FCPO\relevant contract month code |
| KLIBOR: | BMD\FKB3\JUN13 Please type BMD\FKB3\relevant contract month code |
| 3 YRS BOND: | BMD\FMG3\JUN13 Please type BMD\FMG3\relevant contract month code |
| 5 YRS BOND: | BMD\FMG5\JUN13 Please type BMD\FMG5\relevant contract month code |
| OKLI: | BMD\OKLI\JUN13 Please type BMD\OKLI\relevant contract month code |
Education
Learn more about Derivatives
3 Month Kuala Lumpur Interbank Offered Rate Futures (FKB3)
Contract Specification
| Contract Code | FKB3 |
|---|---|
| Underlying Shares | Ringgit Interbank time deposit in the Kuala Lumpur Wholesale Money Market with a three month maturity on a 360-day year. |
| Contract Size | RM1,000,000 Quoted in index terms (100.00 minus yield). |
| Minimum Price Fluctuation | 0.01% or 1 tick. |
| Contract Months | Quarterly cycle months of March, June, September and December up to 5 years ahead and 2 serial months. |
| Trading Hours |
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| Final Trading Day Maturity Date | Trading ceases at 11:00 a.m. (Malaysian time) on the 3rd Wednesday of the delivery month or the 1 st Business Day immediately following the 3rd Wednesday of the delivery month if the 3rd Wednesday of the delivery month is not a Business Day. |
| Final Settlement | Cash Settlement based on the Cash Settlement Value. |
| Final Settlement Value |
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| Speculative Position Limits | Maximum number of net long or net short positions to be held:
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