PRODUCTS

PRODUCTS

  • Crude Palm Oil Futures (FCPO)
  • Malaysia - FTSE Bursa Malaysia KLCI Futures (FKLI)
  • Malaysia - Crude Palm Kernel Oil futures(FPKO)
  • Malaysia - Options on Crude Palm Oil Futures (OCPO)
  • Malaysia - FTSE Bursa Malaysia KLCI Options(OKLI)
  • GOLD FUTURES(FGLD)
The oil palm is a monoecious plant (having unisexual male and female flowers within the same plant). The female flower bears fruits commonly known as fresh fruit bunches (FFB). Each tree is capable of bearing about 10 to 12 bunches per year and each bunch averages 1000 to 3000 fruits with weight varying between 20 to 30 kilogrammes. Crude palm oil (CPO) is obtained from the mesocarp (the fleshy portion of the fruit wall) and depending on the variety and age of the palm, oil to bunch ratio is within the range of 25 to 28 percent.

Exchange (web link) Bursa Malaysia Derivatives Berhad (http://www.bursamalaysia.com)
RIC FCPO
Trading Unit 25 tons
Min. Tick RM 1.00 per ton
Tick Value RM 25.00”
Price Limit With the exception of trades in the spot month, trades for future delivery of Crude Palm Oil in any month shall not be made, during any one Business Day, at prices varying more than 10% above or below the settlement prices of the preceding Business Day (“the 10% Limit”) except as provided below. When at least 3 non-spot month contracts are trading at the 10% Limit, the Exchange shall announce a 10-minute cooling off period (“the Cooling Off Period”) for all contract months (except the spot month) during which trading shall only take place within the 10% Limit. Following the Cooling Off Period, all contract months shall be specified as interrupted for a period of 5 minutes, after which the prices traded for all contract months (except the spot month) shall not vary more than 15% above or below the settlement prices of the preceding Business Day (“the 15% Limit”). If the 10% Limit is triggered less than 30 minutes before the end of the first trading session, the following shall apply:-
  1. the contract months shall not be specified as interrupted;
  2. the 10% Limit shall be applied to all contract months (except the spot month) for the rest of the first trading session; and
  3. the 15% Limit shall be applied for all contract months (except the spot month) during the second trading session.
If the 10% Limit is triggered less than 30 minutes before the end of the second trading session, the 10% Limit shall be applied to all contract months (except the spot month) for the rest of the Business Day.
Contract Month Spot and the next 5 succeeding months, and thereaf ter, alternate months up to 12 months ahead
Trading Hours
(Malaysia Time)
10.30 - 12.30
15.00 - 18.00
Margin Requirement http://www.bursamalaysia.com/market/derivatives/






The KLCI is a market-weighted index where higher capitalized stocks will have a greater impact on the level of the KLCI than lower capitalized stocks. The KLCI was first published by the KLSE in 1986. To date, it has established itself as the benchmark of market performance for the Malaysian equities market, and is perhaps the most widely followed in the Malaysian financial community.

Exchange (web link) Bursa Malaysia Derivatives Berhad (http://www.bursamalaysia.com)
RIC FKLI
Trading Unit KLCI multiplied by RM 50.00
Min. Tick 0.5
Tick Value RM 25.00
Price Limit 20% per trading session for the respective contract months except the spot month contract. There shall be no price limits for the spot month contract. There will be no price limit for the second month contract for the final 5 business days before expiration.
Contract Month Spot month, the next month, and the nex t two calendar quarterly months. The calendar quarterly months are March, June, September and December.
Trading Hours
(Malaysia Time)
08:45 – 12:45
14:30 – 17:15
Last Trading Date The last Business Day of the contract month.
Margin Requirement  https://www.rjobrien.com/tools/margins




Crude Palm Kernel Oil

Exchange (web link) Bursa Malaysia Derivatives Berhad (http://www.bursamalaysia.com)
Margin Requirement
Option Contract

Exchange (web link) http://www.bursamalaysia.com/market/derivatives/products/commodity-derivatives/options-on-crude-palm-oil-futures-ocpo/
Contract Code Calls: C OCPO Puts: P OCPO
Type European Options
Tick Size RM0.50 per MT (RM12.50 per contract)
Strike Price Intervals Trading shall be conducted for put and call options with striking prices in integral multiples of RM50 per MT. There will be at least 11 strike prices (five are in-the-money, one is at-themoney and five are out-of-the-money).
Price Limit There will be no daily price limits.
Contract Month Monthly (list the third, fourth, fifth and sixth forward months)then alternate months going out 24 months of the FCPO contract. The first spot option contract month will be trading the 3rd month FCPO contract.
Last Trading Date The spot options will cease trading at 6.00 pm on the 10th day of every month, or the preceding business day if the 10th is a nonbusiness day. The futures position will be delivered at end-of-day process and will be available for trading on the next day.
Excercise In the absence of contrary instructions delivered to the Clearing House, an option that is in-the money at expiration shall be automatically exercised. Exercise results in a long 3rd month FCPO position, which corresponds with the option’s contract month for a call buyer or a put seller, and a short 3rd month FCPO position for a put buyer or a call seller.
Expiration Unexercised Crude Palm Oil futures options shall expire at 6.00 pm on the last day of trading.
Trading Hours
(Malaysia Time)
First trading session: Malaysian time 10:30 a.m. to 12:30 p.m. Second trading session: Malaysian time 3:00 p.m. to 6:00 p.m.
FTSE Bursa Malaysia KLCI Options (OKLI)

Exchange (web link) http://www.bursamalaysia.com/market/derivatives/products/equity-derivatives/ftse-bursa-malaysia-klci-options-okli/
Contract Code OKLI
Type European Style
Min Tick 0.1 index point valued at RM5
Contract Month Spot month, the next month and the next two calendar quarterly months. The calendar quarterly months are March, June, September and December.
Trading Hours First trading session: Malaysian time 8:45 a.m. to 12:45 p.m. Second trading session: Malaysian time 2:30 p.m. to 5:15 p.m.
Last Trading Date The last business day of the contract month.
Excercise Price Interval At least 13 exercise prices (6 are in-the-money, 1 is at-the-money and 6 are out-of-the-money) shall be set at interval of 10 index points for the spot and next month contracts. At least 7 exercise prices (3 are in-the-money, 1 is at-the-money and 3 are out-of-the-money) shall be set at interval of 20 index points for the next 2 quarterly month contracts.
Last Trading Date The last business day of the contract month.
Settlement of Option Execise In the absence of contrary instructions delivered to the Clearing House, an option that is in-the money at expiration shall be automatically exercised. Exercise results in a long FKLI position, which corresponds with the option’s contract month for a call buyer or a put seller, and a short FKLI position for a put buyer or a call seller. The resultant positions in FKLI shall then be cash-settled based on the final settlement value of FKLI.
The oil palm is a monoecious plant (having unisexual male and female flowers within the same plant). The female flower bears fruits commonly known as fresh fruit bunches (FFB). Each tree is capable of bearing about 10 to 12 bunches per year and each bunch averages 1000 to 3000 fruits with weight varying between 20 to 30 kilogrammes. Crude palm oil (CPO) is obtained from the mesocarp (the fleshy portion of the fruit wall) and depending on the variety and age of the palm, oil to bunch ratio is within the range of 25 to 28 percent.

Exchange (web link) Bursa Malaysia Derivatives Berhad (http://www.bursamalaysia.com)
RIC FCPO
Trading Unit 25 tons
Min. Tick RM 1.00 per ton
Tick Value RM 25.00”
Price Limit With the exception of trades in the spot month, trades for future delivery of Crude Palm Oil in any month shall not be made, during any one Business Day, at prices varying more than 10% above or below the settlement prices of the preceding Business Day (“the 10% Limit”) except as provided below. When at least 3 non-spot month contracts are trading at the 10% Limit, the Exchange shall announce a 10-minute cooling off period (“the Cooling Off Period”) for all contract months (except the spot month) during which trading shall only take place within the 10% Limit. Following the Cooling Off Period, all contract months shall be specified as interrupted for a period of 5 minutes, after which the prices traded for all contract months (except the spot month) shall not vary more than 15% above or below the settlement prices of the preceding Business Day (“the 15% Limit”). If the 10% Limit is triggered less than 30 minutes before the end of the first trading session, the following shall apply:-
  1. the contract months shall not be specified as interrupted;
  2. the 10% Limit shall be applied to all contract months (except the spot month) for the rest of the first trading session; and
  3. the 15% Limit shall be applied for all contract months (except the spot month) during the second trading session.
If the 10% Limit is triggered less than 30 minutes before the end of the second trading session, the 10% Limit shall be applied to all contract months (except the spot month) for the rest of the Business Day.
Contract Month Spot and the next 5 succeeding months, and thereaf ter, alternate months up to 12 months ahead
Trading Hours
(Malaysia Time)
10.30 - 12.30
15.00 - 18.00
Margin Requirement http://www.bursamalaysia.com/market/derivatives/






CONTACT US

Okachi (Malaysia) Sdn. Bhd.

Level 8, Pavilion KL,
168, Jalan Bukit Bintang,
55100 Kuala Lumpur.

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