Products
Options on Crude Palm Oil Futures (OCPO)
OCPO is a Ringgit Malaysia ("MYR") denominated Options Contract traded on Bursa Malaysia Derivatives with Crude Palm Oil Futures Contract (FCPO) as its underlying instrument. It adds on to the array of possible risk management tools available for palm oil industry players as options contracts have very different risk-reward profiles to futures contracts.
Bursa Malaysia Derivatives'
Palm Complex offerings consolidate Malaysia's position as the leading price discovery centre for palm oil traded globally. Explore our product suite today.
Contract Specifications | |
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Contract Code | Calls: C OCPO Puts: P OCPO |
Underlying Instrument | Crude Palm Oil futures contract (FCPO) |
Contract Size | 25 Metric Tons (MT) |
Contract Months |
Spot month and the next 9 succeeding months, followed by alternate months i.e. odd months up to 36 months ahead. |
Trading Hours | Monday to Friday (Malaysia time)
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Pricing Unit | Malaysian Ringgit (MYR) |
Minimum Price Fluctuation | MYR 0.50 / MT |
Expiration |
10th day 2 months prior to the spot month of the underlying FCPO Contract or, if the 10th day is a non-Business Day, on the last Business Day preceding the 10th day. |
Why Trade OCPO? |
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- Global Access
OCPO is traded electronically on CME GLOBEX®, a global electronic trading platform. Accessing CME Globex® is easy and allows individual and professional traders anywhere around the world to access all Bursa Malaysia Derivatives products.
- Risk Management
Plantation companies, refineries, exporters and millers can use OCPO alongside other tools in the BMD Palm Complex to enhance their risk management strategies. Traders can use OCPO to manage their market exposure efficiently as the maximum loss will be known to them.
- Leveraged Trading
Control a greater amount of the underlying asset with a relatively small amount of capital, multiplying potential profits through leverage.
- Regulated Trading
Trade with confidence in a secure and transparent marketplace regulated by the Securities Commission Malaysia.
Resources for Download |
Contract Specifications
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