Published On: Sat, May 14th, 2011

Bursa Malaysia Derivatives Crude Palm Oil Futures Open Interest Hits Record High

Bursa Malaysia Derivatives Berhad (BMD) hits an all-time high for its crude palm oil futures (FCPO) open interest at 112,921 contracts on 9 May 2011, surpassing the previous open interest record of 111,897 contracts on 18 February 2011.

The increase of open interest is indicative of sustained growing interest in FCPO contracts by market players, predominantly from Malaysia, US, Europe, as well as Singapore.

The Exchange also noted an increase in participation of institutional traders to 42% following its migration onto the CME Globex® trading platform in September 2010, compared to 38% before the migration.

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