Launch Of Macquarie Securities' S&P 500 Warrants On Bursa Malaysia

For the first time in Malaysia, Macquarie Capital Securities (“Macquarie”) is issuing call and put warrants over the Standard & Poor’s 500 (“S&P 500”), the iconic US stock market index that tracks the largest 500 companies listed on the New York and Nasdaq Stock Exchanges. The structured warrants will begin trading on Bursa Malaysia Berhad (“Bursa Malaysia”) on 30th June.

Macquarie is once again taking the lead and introducing new products to the Malaysian warrant market. Having gained success with previous launches over China’s A50 index and the Hang Seng Index in Hong Kong (HSI), Macquarie is now offering Malaysian investors the opportunity to gain exposure to the world’s largest market, the United States, via S&P500 warrants on Bursa Malaysia.

“Index warrants continue to be the most popular structured warrants among Malaysian investors, providing the potential to profit from both rises and falls in some of the world’s largest markets.

“Our HSI warrants have consistently been contributing more than 50% of the market turnover, and we’re anticipating the S&P500 warrants to be popular with local investors”, said Barnaby Matthews Head of Derivatives for Macquarie Securities Group in Southeast Asia.

“The whole world watches the S&P 500, and one could argue that it is the most important stock market index in the world, given its impact on global markets. With the index trading near all-time highs, and everyone expecting the Federal Reserve to dictate global market trends over the coming year, we expect that there will be interest from investors in both calls and puts, with some expecting new highs and others trying to profit from a potential correction”, added Mr Matthews. Datuk Seri Tajuddin Atan, Chief Executive Officer of Bursa Malaysia said: “I’m pleased to acknowledge Macquarie’s ongoing contribution to widening the range of products available for Malaysian investors.

“Macquarie’s structured warrants have allowed investors easier access to global markets including China and Hong Kong and now, for the first time, the S&P 500. Macquarie has been exemplary in their commitment to educating the public and promoting interest while also increasing their range of offerings and I look forward to seeing this approach with new and innovative products from our partner brokers in the future.”

The warrants will track the E-mini S&P 500 Futures, the most liquid futures contract over the index. The E-mini Futures trades 23 hours a day, covering the full trading hours of the Malaysian market, allowing investors to gain exposure to the movements in our time-zone, via Bursa Malaysia. Macquarie will be providing the live futures price for the E-mini S&P 500 on its warrant website, malaysiawarrants.com.my.

For more information on Macquarie’s warrants, please refer to www.malaysiawarrants.com.my.