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Futures Trading

Derivatives are financial instruments used to manage one's exposure to today's volatile markets. The value is derived from an underlying instrument, such as commodity prices, interest rates, indices, and share prices. Futures are agreements between two parties to buy and sell a specified quantity and quality of a specific underlying instrument in the future at a price determined today.

The following products traded on the Exchange are currently offered by CIMB Futures:

Equity Derivatives

  • FTSE Bursa Malaysia KLCI Futures (FKLI)
  • FTSE Bursa Malaysia KLCI Options (OKLI)
  • Single Stock Futures (SSFs)

Commodity Derivatives

  • Gold Futures (FGLD)
  • Crude Palm Oil Futures (FCPO)
  • USD Crude Palm Oil Futures (FUPO)
  • Crude Palm Kernel Oil Futures (FPKO)
  • Options on Crude Palm Oil Futures (OCPO)

Financial Derivatives

  • 3 Month Kuala Lumpur Interbank Offered Rate Futures (FKB3)
  • 3-Year Malaysian Government Securities Futures (FMG3)
  • 5-Year Malaysian Government Securities Futures (FMG5)

FTSE Bursa Malaysia KLCI Futures Contract (FKLI)
This contract allows an investor to have an exposure of the 30 stocks that make up the Composite Index. The FKLI contract, which tracks the Composite Index, expires at the end of each month and is cash settled. Fund managers and hedge funds actively use this to protect their respective portfolios, as do individuals who also trade and speculate on it.

Crude Palm Oil Futures Contract (FCPO)
The underlying product of this futures contract is palm oil, a physical commodity. Being a physically settled contract, the remaining open contract on the expiry month is subjected to a "tendering period" phase, whereby the close-out transactions are strictly monitored by the Bursa Malaysia Derivatives Clearing Berhad. During this phase, the buyer will collect and the seller delivers the crude palm oil to the designated ports assigned by Bursa Malaysia Derivatives Clearing Berhad. FCPO contract expires at noon on the 15th day (or preceding Business Day if 15th is a non-market day) of the delivery month. Refineries and plantation companies involved in the palm oil and palm kernel industry are the main users of this contract.

1.

As an individual client, you must:

  • Complete the required details on the Application Form and Declaration Form.
    Read, understand and sign the Client Agreement, T&C of Trading, Risk Disclosure Statement and Electronic Trading Supplemental T&C.
  • Keep the Client’s copy of the Client agreement.
  • Attach a photocopy of your NRIC (both sides) or passport or Armed Forces/Police Personnel - Authority card (both sides)
  • Attach your latest pay slip or Income Tax Return Form or latest bank statement
  • For non-resident, please submit the Individual Self-Certification Form
2.
As a corporate client, you must:
  • Complete the required details on the Application Form and Declaration Form.
    Read, understand and sign the Client Agreement, T&C of Trading, Risk Disclosure Statement and Electronic Trading Supplemental T&C.
  • Keep the Client’s copy of the Client agreement.
  • Attached the documents below:
    a. Certificate of Incorporation
    b. Memorandum and Articles of Association
    c. Board Resolution
    d. NRIC / Passport of the Authorised Signatories (both sides)
    e. Return giving particulars & changes in Directors, Managers & Secretaries
    f. Forms of Allotment of Shares
    g. Notice of Situation of Registered Office and of Office Hours and Particulars of Changes
    h. Last 3 years Audited Accounts
  • For non-resident, please submit the Entity Self-Certification Form
  •  
3.
Kindly visit us at:

CIMB Futures Sdn Bhd
17th Floor Menara CIMB
Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur.
 
4.
or Contact us at (603) 2265 8908 or (603) 2303 8908 or email us at itrade@cimb.com

 


1.
You are required to place up-front cash as an Initial Margin (the value is determined by Bursa Malaysia Derivatives Clearing Sdn Bhd, which may differ from time to time) before trading. The required amount depends on the number of contracts that you intend to trade
2.
You can deposit by:
 
 
  • Cheque – Payment can be made at 23A Floor, Menara CIMB, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, 50470 Kuala Lumpur.
  • Cash/Cheque payment over the bank counter or ATM Machine - Deposit your cash/cheque at any CIMB Bank or Maybank branches. CIMB Bank account no. 8000250488 / Maybank account no. 5-14011-715109.
  • CIMB Clicks – Perform online transfer to CIMB Futures Sdn Bhd, payable to CIMB Bank account no. 8000250488.
  • Maybank2U – Perform online payment. Under one-off payment, select “Others” from the list of Payees and select ‘CIMB Futures Sdn Bhd’ from the list of companies.
 
a.
Cheque Deposit
Cheque payments must be made in the name of “CIMB Futures Sdn Bhd for .

All payments by cheque must be supported by documents below to facilitate verification of the identity of cheque issuer:
(i) a photocopy or image of the cheque and
(ii) direct bank-in form

If a photocopy or image of the cheque is not submitted, any charges incurred to obtain a copy of the cheque image from the bank shall be borne by client.
 
b.
Interbank Fund Transfer/Payment
For online interbank fund transfer/payment, below must be stated as recipient reference:
  1. trading account number and
  2. trading account holder’s name or NRIC/Passport No.
This is to ensure that funds transferred are applied to the intended and rightful recipient.
 
Kindly also be reminded :-
  • to ensure receipt of proper documentation including daily statements and monthly statements for all transactions undertaken;
  • to verify with CIMBF directly if there is any doubt on the authenticity of documents received from
CIMBF‘s licensed Futures Broker’s Representative or anyone holding out as representing CIMBF;
  • not to pay cash to or bank in monies directly into the bank account of CIMBF‘s licensed Futures
Broker’s Representative or anyone holding out as representing CIMBF.
3.
Withdrawal

How do I withdraw my cash?

Print and complete this Withdrawal Request Form. Thereafter, fax or email the duly signed copy to your Futures Broker’s Representative.

Please contact your respective licensed Futures Broker’s Representative or Central Dealing Team at (603) 2265 8908 / 2303 8908 should you have any enquiries

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