Published On: Sat, Dec 8th, 2012

BMD Palm Oil Futures Open Interest Surpass 150,000 Contracts For the First Time

Dato’ Tajuddin Atan Chairman Bursa Malaysia Derivatives

Dato’ Tajuddin Atan Chairman Bursa Malaysia Derivatives

Bursa Malaysia Derivatives’ (BMD) Crude Palm Oil Futures (FCPO) Open Interest (OI) hit a new high with 151,508 total contracts remained open at the close of market December 5.

Hitting above the 150,000 contracts mark is a new milestone for the market which reflects BMD’s FCPO growing strength, also showcasing its appeal with a market segment that is increasingly liquid.

The FCPO yearly OI (*please refer to the chart attached) has been consistently rising for the past three years, with 68,377 contracts in 2010, 137,526 contracts in 2011 and now, it has crossed over the 150,000 contracts threshold at 151,508 (5 December 2012).

Bursa Malaysia Derivatives Chairman, Dato’ Tajuddin Atan said, “This development is indicative of a much elevated confidence in the derivatives market, as well as interest in hedging the cash exposure using financial instruments.

BMD FCPO Open Interest Volume

BMD FCPO Open Interest Volume

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