Central Japan Commodity Exchange Approved As A Specified Exchange In Malaysia

Bursa Malaysia announced on May 6 in its Circular #26/2008 that the Security Commission of Malaysia (SC Malaysia) approved the Central Japan Commodity Exchange (C-Com) as a Specified Exchange and its futures contracts as an approved class of futures contracts. It went into effect on the same date. As a result of this designation, derivatives brokers in Malaysia are now permitted to trade futures contracts in the C-COM markets without any restrictions. C-Com applied for this approval to SC Malaysia and Bursa Malaysia in February this year when one of Exchange’s officers visited the country.

The acquisition of the Specified Exchange status in Malaysia will offer investors in Malaysia great opportunities to manage their exposure with and take advantage of all C-Com products including Gasoline, Kerosene and Rubber related futures. At the same time it will give C-Com a good chance to expand its business into Malaysia.