Published On: Thu, May 17th, 2012

Bursa Malaysia Derivatives All Time Volume High

Total contracts traded on Bursa Malaysia Derivatives (BMD) reached a historical daily volume high of 77,703 contracts on Wednesday, 16 May 2012, surpassing the previous record of 74,014 contracts on 24 February 2011.

In addition, daily volume for crude palm oil futures (FCPO) contracts also charted a historical high of 63,019 contracts on Wednesday, surpassing the previous record of 48,741 contracts on 17 November 2011.

This is attributed to increased hedging activities resulting from the volatility and uncertainty seen in global financial and palm oil markets.

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