KUALA LUMPUR – Bursa Malaysia Derivatives Berhad (Bursa Malaysia Derivatives) has successfully launched its first After-Hours (T+1) Night Trading Session (After-Hours Trading) on the night of December 6, which saw strong participation from both local and foreign market participants.
A total of 3,088 contracts were traded, which included 3,004 Crude Palm Oil Futures (FCPO) contracts and 84 FTSE Bursa Malaysia Kuala Lumpur Composite Index Futures (FKLI) contracts. This amounts to 4% of the total normal hours trading volume registered on December 6. All trades performed during the After-Hours Trading Session will be included in the following day’s session.
“The After-Hours Trading session attracted significant participation from both domestic and foreign market participants. Out of 16 licensed Futures Brokers of Bursa Malaysia Derivatives, 15 participated in the session”, said Samuel Ho, Chief Executive Officer of Bursa Malaysia Derivatives.
“This signals a promising outlook for the After-Hours Trading session in sustaining the trading volume growth momentum for Malaysia’s derivatives market over the long term.”
The After-Hours Trading launched on December 6 is an extension of the Exchange’s current market trading hours. Market participants are now able to trade between 9.00pm to 11.30pm, from Monday to Thursday.
Investors who are interested to learn more about After-Hours Trading can visit www.bursamalaysia.com for more information