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Futures are derivatives and its value is derived from an underlying product.
It is a legally binding agreement between two parties to buy or sell a
commodity or financial instrument, at an agreed price, on a specified date in the future.
Why Kenanga Deutsche Futures?
Kenanga Deutsche Futures (KDF) is the market leader in the Derivatives market in Malaysia
ever since it won its first award for “Top Overall Futures Broker Award” and “Top Equity
Broker Award” in the year 2003 from Bursa Malaysia Derivatives (BMD). Since then KDF has
continued to be the recipient of the Award for nine consecutive years. The award is given
in recognition of its performance and contribution to the Malaysia Derivatives industry.
Our Strength
Strategic partnership between K&N Kenanga Holdings Berhad and Deutsche Asia Pacific Holdings Pte Ltd.
Leading market position in the Malaysian Derivatives industry
Provide competitive pricing for electronic and voice execution
Quality and speed of trade execution
Market intelligence
Products and Services
Bursa Malaysia Derivatives (BMD)
KDF is a Trading Participant and Clearing Participant of BMD, which gives KDF the right
to execute and clear all futures and options products traded on the exchange.
| FTSE Bursa Malaysia Kuala Lumpur Composite Index Futures(FKLI) |
| FTSE Bursa Malaysia Kuala Lumpur Composite Index Options(OKLI) |
| Single Stock Futures(SSFs) |
| Crude Palm Oil Futures(FCPO) |
| Crude Palm Oil Options(OCPO) |
| Crude Palm Oil Kernel Futures(FPKO) |
| 3 Month Kuala Lumpur Interbank Offered Rate Futures(FKB3) |
| 3-Year Malaysian Government Securities Futures(FMG3) |
| 5-Year Malaysian Government Securities Futures(FMG5) |
Individual Account
To open an individual account with KDF, the required documents are:
| One copy of the Electronic Trading Application form |
| Two copies of the Futures Trading Agreement(Complete details on page 8) |
| One copy of NRIC (Malaysian) / Passport (Foreigner) |
| One copy of latest income tax statement/ 3 month pay slip / latest 3 months bank statement |
| RM10.00 stamping fee |
Please visit our Office to sign the account opening form and submit the Futures trading
Agreements, Risk Disclosure statement and other necessary forms.
Corporate Account
To open a corporate account with KDF, the required documents are:
| One copy of the corporate account opening form |
| Two Copies of the Futures Trading Agreements |
| Certified true copy of Memorandum and Articles of Association |
| Certified true copy of Form 9 (Certification of Incorporation) |
| Certified true copy of latest Form 44 (Registered Office) |
| Certified true copy of latest Form 49 (Register of Directors and Secretaries & Changes of Particulars) |
| Certified true copy of latest Form 24 (Return on Allotment of Shares) |
| Certified true copy of the latest Audited Annual Account |
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Directors’ Resolution authorising the opening of this account and naming the person authorised to
trade and operate this account and their specimen signature.
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*For foreign institution, please provide the certified true copy of legitimate equivalent.
Margin & Settlement
You are required to deposit up-front cash as an Initial Margin upon creation of the futures
trading account. Initial Margin will be determined by the clearing house from time to time.
Bursa Malaysia Derivatives Clearing Berhad
As of 8 October 2012
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| BMD Products |
Initial Margin (MYR) |
| FKLI / OKLI |
4,000 |
| FCPO / OCPO |
7,000 |
| FKB3 |
1,000 |
| FMG3 |
500 |
| FMG5 |
600 |
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Trading Hours
| Bursa Malaysia Derivatives |
Malaysian Time (GMT +8) |
Kuala Lumpur Composite Index Futures (FKLI)
Kuala Lumpur Composite Index Options (OKLI)
Single Stock Futures (SSFs)
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Monday – Fridays
8:45AM – 12:45PM
2:30PM – 5:15PM
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Crude Palm Oil Futures (FCPO)
Crude Palm Oil Options (OCPO)
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Monday – Fridays
10:30AM – 12:30PM
3:00PM – 6:00PM
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Crude Palm Kernel Oil Futures (FKPO)
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Monday – Fridays
10:30AM – 12:30PM
3:00PM – 6:05PM
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3 Month Kuala Lumpur Interbank Offered Rate Futures (FKB3)
3-Year Malaysian Government Securities Futures (FMG3)
5-Year Malaysian Government Securities Futures (FMG5)
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Monday – Fridays
9:00AM – 12:30PM
2:30PM – 5:00PM
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For more information, please do not hesitate to contact us.
| Tel |
: +603 2164 2155 / +603 2711 8980 |
| Toll Free |
: 1 300 88 2155 (Malaysia) |
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800 601 1085 (Singapore) |
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800 96 4970 (Hong Kong) |
| Fax |
: +603 2164 9798 |
| Email |
: [email protected] |
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