Bursa Malaysia Derivatives (“BMD”) has announced that its FTSE Bursa Malaysia KLCI Futures (“FKLI”) contract registered an all-time high in daily trading volume of 65,000 contracts.
The FKLI contract all-time high, recorded on May 27 had surpassed the previous record of 61,429 contracts registered on Oct 29, 2019.
Datuk Muhamad Umar Swift, Chairman of BMD said, “As we continue to build upon the strong momentum achieved last quarter, I am encouraged to see the growing interest by foreign institutions which accounted for 80% of the total trading volume. This is an indication of the consistent growth in confidence of BMD’s products by local and international market participants to manage their price risk exposures amidst the global uncertainties.”
