Online Share Trading      
 
You are in :
Products & Services | Investment | i*Gateway | Help | Demo | Contact Us
 
Register
Home » Products & Services » Futures Trading
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 CGS-CIMB Futures:

Equity Derivatives

  • FTSE Bursa Malaysia KLCI Futures (FKLI)
  • FTSE Bursa Malaysia KLCI Options (OKLI)
  • Single Stock Futures (SSFs)
  • Mini FTSE Bursa Malaysia Mid 70 Index Futures (FM70)

·      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)
  • USD RBD Palm Olein Futures (FPOL)         
  • USD Tin Futures (FTIN)

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)
  • 10-Year Malaysian Government Securities Futures Contract (FMGA)

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 Individual Self-Certification 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 Armed Forces/Police Personnel - Authority card or passport and valid Visa / Entry Permit.
  • Attach your latest bank statement or latest payslip or income tax return.
  • Where applicable, submit Form W-9.

2.

As a corporate client, you must:

  • Complete the required details on the Application Form and Entity Self-Certification 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 the following documents: 
 11111 a. Certificate of Incorporation or Notice of Registration
  b. Memorandum and Articles of Association or Constitution (if applicable) (Where the company does not have Constitution, a written confirmation duly signed by a director that the company does not have a Constitution)
  c. Board Resolution
  d. NRIC / Passport of the Directors and Authorised Persons, as per Board Resolution and Shareholders with equity interest of more than 25% (both sides)
  e. Return giving particulars  and 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. Latest Audited Accounts / Financial Statements
  • Where applicable, submit Form W-9

3.

Kindly visit us at:

CGS-CIMB Futures Sdn Bhd
Level 12, Menara Bumiputra-Commerce
No. 11, Jalan Raja Laut
50350 Kuala lumpur
Wilayah Persekutuan
Malaysia

 

4.

You may contact us at (603) 2635 8908 or email us at futuresbroking.my@cgs-cimb.com

 
 

1.

You are required to place up-front cash as an Initial Margin (the minimum 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:

 

 

  • 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 CGS-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 "CGS-CIMB Futures Sdn Bhd" from the list of companies.
All payment must be made in favour of "CGS-CIMB Futures Sdn Bhd for ".

 

a.

Cheque Deposit
Cheque payments must be made in the name of "CGS-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 CGS-CIMB Futures directly if there is any doubt on the authenticity of documents received from CGS-CIMB Futures‘s licensed Futures Broker’s Representative or anyone holding out as representing CGS-CIMB Futures;
  • not to pay cash to or bank in monies directly into the bank account of CGS-CIMB Futures Sdn Bhd ‘s licensed Futures Broker’s Representative or anyone holding out as representing CGS-CIMB Futures Sdn Bhd

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) 2635 8908 should you have any enquiries.

 

CGS | CIMB | CGI | Contact Us | Terms of Use | General Terms and Conditions | Privacy Notice Copyright 2021 by CGS-CIMB Securities Sdn. Bhd. 197901004504 (48703-W)
All rights reserved.