PRODUCTS
Single Stock Futures (SSFs)
SSFs are Ringgit Malaysia ("MYR") denominated Futures Contracts traded on Bursa Malaysia Derivatives for the sale and purchase of underlying listed shares on a specific future date. SSFs provide investors and traders with a leverage exposure to the underlying shares.
Contract Specifications | |
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Contract Code | SSF |
Underlying Instrument | Selected stocks that have met the SSF selection criteria. Please refer to list in Q.2 "Which stocks are available for SSF trading?" in the Single Stock Futures (SSFs) FAQ PDF. |
Contract Size | 1,000 underlying shares |
Contract Month | 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: 8:45 a.m. to 12:45 p.m. |
Pricing Unit | Malaysian Ringgit (MYR) |
Minimum Price Fluctuation | 0.02 point valued at MYR 20.00 |
Final Trading Day | The last Business Day of the contract month. |
Why Trade SSFs? |
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- Ability to short sell
Not only can a trader buy low and sell high when a bull market is anticipated, he can also sell SSFs first and buy back later at a lower price if a bear market is expected, without having to borrow shares.
- Low capital requirement
The margin required to start trading is only a fraction of the value of the underlying stock. Trading activities can be carried out with a smaller capital.
- Low trading cost
The value of a SSF contract is based on the value of one thousand unit of underlying stocks, but the SSF transaction costs are low relative to outright purchase or sale of the underlying stocks.
- Enhanced trading strategies
SSF provides opportunity to protect or hedge your stock portfolio with the same underlying stocks.
- Global Access
SSFs 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.
Resources for Download |
Brochure Performance Bond / Margin Rates FAQs |