Bursa Malaysia

CME Group Strategic Partnership with Bursa Malaysia Derivatives Berhad (BMD)


CME Globex Access
With BMD now utilizing CME Globex as its electronic trading platform for futures, including the global benchmark Crude Palm Oil futures (FCPO) contract, customers can more easily engage in spreading and arbitrage opportunities between the CME CPO and the BMD FCPO contracts. This arrangement offers unparalleled global distribution through CME Globex’s multiple access points through nine international telecommunication hubs worldwide, one of which is located in Kuala Lumpur.

With the launch of the Crude Palm Oil Futures (CPO) contract, CME Group customers are able to trade the world’s most consumed edible oil in a cash-settled contract with the safety and liquidity of CME Globex.

The CME CPO contract, as a USD-denominated palm oil futures contract, complements the existing Malaysian MYR-denominated Crude Palm Oil Futures (FCPO) contract. It is cash-settled to the physically-delivered BMD FCPO contract. CPO also consolidates Malaysia’s position as the leading price discovery centre for palm oil traded globally.

Key Features of CME’s Crude Palm Oil Futures

  • USD-denominated
  • Cash-settled to the physically-delivered BMD FCPO contract
  • Electronically traded on CME Globex
  • Reduced capital requirements due to cross-product margin efficiencies with other CME Group contracts

Learn more about CME's CPO contract

CME Group Strategic Partnership
On 17 September 2009, CME Group and Bursa Malaysia Berhad formed a strategic partnership aimed at contributing to the overall growth of the Malaysian capital markets by improving global access to the Malaysian derivatives market.

This partnership includes the licensing of the settlement prices of the Crude Palm Oil Futures (FCPO) contract as well as facilitating global distribution of Bursa Malaysia Derivatives’ contracts through the CME Globex electronic trading platform. The partnership not only provides improved accessibility but elevates the presence of the benchmark Malaysian derivatives worldwide.
BMD News: Record Volume One Year Post Migration to CME Globex, additional FCPO spreads, PTLC launch, and Internet Trading

About Bursa Malaysia Berhad
Bursa Malaysia Berhad is one of the largest bourses in Asia with about 1,000 listed companies offering a wide range of investment choices to the world. Operating a fully-integrated exchange, Bursa Malaysia offers a complete range of exchange-related services including trading, clearing, settlement and depository services.

Bursa Malaysia Derivatives Berhad (BMD), a subsidiary of Bursa Malaysia Berhad, is a futures and options exchange that offers the most liquid and successful FCPO contract in the world. Following the strategic partnership with CME Group, BMD products have now migrated to the CME Globex electronic trading platform with the aim of bringing greater access and reach of the Malaysian derivatives offerings to the global market.
Learn more at www.bursamalaysia.com/derivatives/


Connectivity

Bursa Malaysia Calendars

Contacts

Bursa Malaysia 
Sales and Customer Relations:
Suresh Mookiah
Head of Business Development
+603 2034 7741

CME Group
Order Routing and Connectivity:
Kwong Cheng
Senior Director, Global Account Management, Asia
+65 6593 5574

Global Account Management
+1 312 634 8700
globalaccountmanagement@cmegroup.com