Bursa Malaysia Derivatives (“BMD”) announced today that the total monthly volume of 1.72 million contracts registered in February 2020 renews an all-time high for the second consecutive month of the year. This surpasses the previous record of 1.54 million contracts registered in January 2020.
The rise in total monthly volume was mainly contributed by the trading volume for Crude Palm Oil Futures contract (“FCPO”) which achieved a new all-time high of 1.43 million contracts, surpassing the previous record of 1.26 million FCPO contracts traded in January 2020.
Total daily open interest for all products traded on BMD was at an all-time high of 346,403 contracts on 26 February 2020, surpassing the previous all-time high of 343,251 contracts registered on 29 January 2020.
Acting Chief Executive Officer of BMD, Mr Samuel Ho said, “BMD’s second consecutive all-time high for total monthly volume signifies the improved market depth of our offerings in light of the recent uncertainties and volatility. We aim to continue this growth trajectory by broadening our product offerings for investors to manage their price risk exposure. This includes the recently re-launched Single Stock Futures offering an expanded list of new underlying stocks. This will provide an additional risk management tool for investors as well as an opportunity for investors to gain exposure to the equity market.”
