Press Release
Bursa Malaysia was recognised as the Exchange of the Year (Asia Pacific) 2008
against five other top Asia Pacific exchanges at the annual Futures & Options World (FOW)
Awards 2008 in London on April 7. The win was due to Bursa Malaysia’s concerted efforts to promote,
market and make itself attractive to investors outside of Malaysia.
The aim of the FOW Awards 2008 is to recognise exchanges that have made
significant contributions towards the progress of global derivatives market throughout the past
year. The FOW Awards 2008 was the curtain-raiser for the annual Derivatives World London, which is
one of Europe’s largest annual derivatives events organised by FOW, a global derivatives
magazine.
Commenting on the win, Dato’ Yusli Mohamed Yusoff, Chief Executive Officer of
Bursa Malaysia said, “It is truly a great honour to be recognised by FOW and the judging committee
of respected industry leaders. This recognition truly stamps Bursa Malaysia’s continuous efforts
and initiatives to boost the derivatives market in Malaysia and across the region.”
Dato' Yusli added that one of Bursa Malaysia's winning criteria was the stellar
performance of the Crude Palm Oil Futures (FCPO) contracts which achieved a 103% growth over a
period of three years (2004 to 2007). This award further reinforced the global acceptance of the
popular FCPO contract which has also become the preferred benchmark for the pricing of palm oil and
palm-based products worldwide oil prices.
Nominees for the Exchange of the Year (Asia Pacific) 2008 include Shanghai
Futures Exchange, Singapore Exchange, Bursa Malaysia, Australian Securities Exchange, National
Commodity & Derivatives Exchange of India and Multi Commodity Exchange of India.
The sixteen award categories benchmark various
facets of the industry including trading technologies, indices, execution houses and trading
firms. The awards categories are Financial Derivatives House of the Year, Commodity
Derivatives, Exchange of the Year (Americas), Exchange of the Year (Asia Pacific), Exchange of Year
(EMEA), US Options Exchange of the Year, Exchange Newcomer, Developing Exchange, New Contract of
the Year, Index of the Year, Execution House of the Year, Clearing Service of the Year, Independent
Trading Firm, Clearinghouse of the Year, Technology Provider of the Year, Technology Product of the
Year.
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