Bursa Malaysia


Bursa Malaysia

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

Effective January 22, 2015 BMD granted Foreign Board of Trade registration by U.S. CFTC. Participants located in the U.S. may now directly access CME GLOBEX® to trade on Bursa Malaysia Derivatives products.

CME Group and Bursa Malaysia Derivatives Berhad 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.

The partnership includes listing and facilitating global distribution of all Bursa Malaysia Derivatives’ contracts through the CME Globex electronic trading platform and licensing of the settlement prices of the Crude Palm Oil Futures (FCPO) contract to CME. This strategic 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

Access to BMD Products on CME GLOBEX®

Below is a summary guideline for a customer who would like to trade the BMD products on CME GLOBEX®. Please refer to the On-Boarding Reference Guide Customer Onboarding (PDF) for complete detailed instructions on how to trade BMD products on CME GLOBEX®.

  • A customer is required to establish a relationship with the BMD Clearing Firm. A list of BMD Clearing Firms can be found here. Please contact your CME Global Account Manager to be advised on BMD member firms providing access to BMD products on CME Globex.
  • A customer is required to obtain, license, or develop into CME GLOBEX® certified trading application. 
  • Customers have various connectivity options each requiring approval of the respective Exchange Clearing Firms. Effective January 22, 2015 U.S. based customers may connect and route BMD orders directly to CME GLOBEX®
  • As for BMD market data, if a customer maintains direct connectivity with CME GLOBEX®, the customer can subscribe to GLOBEX® MDP channel for BMD market data.
  • As BMD self-clears, all trades executed on CME GLOBEX® will be transferred to BMD for position management and credit controls. All margin and settlement notices will be processed by BMD and its clearing member firms. 

BMD Market Data on CME GLOBEX®
Customers are able to leverage existing connectivity with CME GLOBEX® to subscribe to BMD market data on GLOBEX®. However, customers are required to be licensed with BMD before receiving BMD market data.  Please contact your CME Global Account Manager for more information.

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/

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