updates from bursa malaysia notebursa.listedcompany.com/newsroom/bursabytes_4q12.pdf · hong kong...

10
www.bursamalaysia.com The year 2012 proved to be challenging for markets globally yet in many ways we capitalised on the uncertainties and opportunistically seize them to our benefit. Malaysia managed to capture the global spotlight with a number of large listings, and the FBMKLCI broke through the barriers, currently hitting its all time high of 1,694.16 on 7 January in 2013. In this quarter, Bursa Malaysia announced it had selected NASDAQ OMX to power its new securities market trading platform, which will handle trading of equities, fixed income, ETF, funds and issuer warrants. A further development this quarter was the signing of a Memorandum of Understanding (MOU) between Bursa Malaysia and Shanghai Stock Exchange. The MOU was signed on 16 November to facilitate the development of communication channels for the sharing of information. Another highlight in 2012 was going ‘regional’ when, together with the Singapore Exchange (SGX) and, later, the Exchange of Thailand, we connected our trading platforms via the ASEAN Trading Link. On 8th November, Bursa Malaysia, together with OSK Investment Bank, presented the Invest Malaysia capital market roadshow themed Capitalise on ASEAN’s Multinational Marketplace to Hong Kong fund managers. In addition, on 15th October, the seven CEOs of the ASEAN Exchanges unveiled the newly enhanced ASEAN Exchanges website at the World Federation of Exchanges 52nd General Assembly and Annual Meeting. In derivatives this quarter, Bursa Malaysia Derivatives (BMD) and Dalian Commodity Exchange jointly organised the China International Oils and Oilseeds conference for the seventh year. This year, a record was set for the highest turnout ever when more than 1,000 delegates joined the two-day programme in Guangzhou, China. For Bursa Malaysia’s Islamic Markets, developments this quarter included the establishment of a new Shariah Committee as part of its efforts to enhance and strengthen business governance, as well as the launch of the new FTSE Bursa Malaysia Small Cap Shariah Index to complement the existing FTSE Bursa Malaysia Shariah indices. If you have any feedback or comments, please email to [email protected]. Issue 4 Vol 4 JAN 2013 Updates from Bursa Malaysia Note From The Editor HIGHLIGHTS Market Highlights Bursa Malaysia Selects NASDAQ OMX’s X-Stream INET to Power Trading Platform ASEAN Exchanges Unveils Key Milestones in the Development of the ASEAN Asset Class Bursa Malaysia Derivatives & Dalian Commodity Exchange Joint-Organise China International Oils and Oilseeds Conference for the Seventh Year Bursa Malaysia Establishes New Shariah Committee Regulation Bursa Malaysia Amends Listing Requirements to Strengthen Board Quality and Enhance Transparency of Listed Issuers’ Corporate Governance Practices

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Page 1: Updates from Bursa Malaysia Notebursa.listedcompany.com/newsroom/BursaBytes_4Q12.pdf · Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market

w w w . b u r s a m a l a y s i a . c o m

The year 2012 proved to be challenging for markets globally yet in many ways we capitalised on the uncertainties and opportunistically seize them to our benefit. Malaysia managed to capture the global spotlight with a number of large listings, and the FBMKLCI broke through the barriers, currently hitting its all time high of 1,694.16 on 7 January in 2013.

In this quarter, Bursa Malaysia announced it had selected NASDAQ OMX to power its new securities market trading platform, which will handle trading of equities, fixed income, ETF, funds and issuer warrants.

A further development this quarter was the signing of a Memorandum of Understanding (MOU) between Bursa Malaysia and Shanghai Stock Exchange. The MOU was signed on 16 November to facilitate the development of communication channels for the sharing of information.

Another highlight in 2012 was going ‘regional’ when, together with the Singapore Exchange (SGX) and, later, the Exchange of Thailand, we connected our trading platforms via the ASEAN Trading Link. On 8th November, Bursa Malaysia, together with OSK Investment Bank, presented the Invest Malaysia capital market roadshow themed Capitalise on ASEAN’s Multinational Marketplace to Hong Kong fund managers. In addition, on 15th October, the seven CEOs of the ASEAN Exchanges unveiled the newly enhanced ASEAN Exchanges website at the World Federation of Exchanges 52nd General Assembly and Annual Meeting.

In derivatives this quarter, Bursa Malaysia Derivatives (BMD) and Dalian Commodity Exchange jointly organised the China International Oils and Oilseeds conference for the seventh year. This year, a record was set for the highest turnout ever when more than 1,000 delegates joined the two-day programme in Guangzhou, China.

For Bursa Malaysia’s Islamic Markets, developments this quarter included the establishment of a new Shariah Committee as part of its efforts to enhance and strengthen business governance, as well as the launch of the new FTSE Bursa Malaysia Small Cap Shariah Index to complement the existing FTSE Bursa Malaysia Shariah indices.

If you have any feedback or comments, please email to [email protected].

Issue 4 Vol 4 JAN 2013

Updates from Bursa Malaysia

Note From The Editor

HIGHLIGHTSMarket Highlights

Bursa Malaysia Selects NASDAQ •OMX’s X-Stream INET to Power Trading Platform

ASEAN Exchanges Unveils Key •Milestones in the Development of the ASEAN Asset Class

Bursa Malaysia Derivatives & Dalian •Commodity Exchange Joint-Organise China International Oils and Oilseeds Conference for the Seventh Year

Bursa Malaysia Establishes New •Shariah Committee

RegulationBursa Malaysia Amends Listing •Requirements to Strengthen Board Quality and Enhance Transparency of Listed Issuers’ Corporate Governance Practices

Page 2: Updates from Bursa Malaysia Notebursa.listedcompany.com/newsroom/BursaBytes_4Q12.pdf · Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market

BursaBytes 1

MARKET HIGHLIGHTS

BURSA MALAYSIA SELECTS NASDAQ OMX’s X-STREAM INET TO POWER TRADING PLATFORM

On 12 December, Bursa Malaysia announced that it had selected NASDAQ OMX to power its securities market trading through NASDAQ OMX’s industry leading technology, X-Stream INET.

The new platform will handle trading of equities, fixed income, ETF, funds and issuer warrants for Bursa Malaysia. X-Stream INET’s system robustness and speed will drive exchange innovation for Bursa Malaysia to attract a variety of market participants and create innovative products and services to match international demand. The deployment is scheduled during the first quarter of 2014. NASDAQ OMX was selected in competition with a number of global exchange technology providers.

NASDAQ OMX’s X-stream trading technology is currently used by 22 exchanges globally and has recently been named the world’s fastest trading system by independent latency measurement specialists.

NASDAQ OMX managing director Robert Frojd exchanging documents with Dato’ Tajuddin Atan (CEO, Bursa Malaysia) after the signing ceremony.

Page 3: Updates from Bursa Malaysia Notebursa.listedcompany.com/newsroom/BursaBytes_4Q12.pdf · Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market

2 BursaBytes

MARKET HIGHLIGHTS

BURSA MALAYSIA SIGNS MOU WITH SHANGHAI STOCK EXCHANGE TO FOSTER CONTINUING RELATIONSHIP

Bursa Malaysia, together with OSK Investment Bank, presented the Invest Malaysia capital market roadshow themed Capitalise on ASEAN’s Multinational Marketplace to Hong Kong fund managers on 8th November.

This is the third year Invest Malaysia was held in Hong Kong, which garnered a strong response from 61 Hong Kong fund managers that met with 13 large and mid-cap Malaysian companies.

Dato’ Tajuddin Atan, Bursa Malaysia Chief Executive Officer said, “The Invest Malaysia Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market to Hong Kong fund managers. The turnout of 61 fund managers for this one-day event is indicative of the interest we are seeing in our market this year. With 3 of the world’s top 10 IPO listed on Bursa Malaysia so far this year, we are capturing the world’s attention and Hong Kong fund managers are showing greater interest in our market this year.”

Malaysia is also proving to be the ASEAN marketplace for Islamic Finance. Already a world leader in Sukuk issuance, Bursa Malaysia recently listed one of the region’s first Exchange Traded Sukuk. With 88% of listed companies on Bursa Malaysia Shariah compliant, Malaysia continues to earn the respect as one of the world’s leading Islamic finance hubs.

“We are intending to list the first ASEAN Exchange Traded Bond & Sukuk that will provide retail access to Sukuk. The expected value of RM300 million (USD90 million), would be issued by DanaInfra Nasional Berhad, a state-owned company to undertake the financing of the mass rapid transit project in Malaysia,” said Dato’ Tajuddin.

HONG KONG INVESTORS LOOK TO MALAYSIA TO TAP INTO ASEAN’s GROWTH

Bursa Malaysia and Shanghai Stock Exchange (SSE) signed a Memorandum of Understanding (MOU) on 16 November to pursue a continuing relationship for the mutual benefit of the financial services industry in Malaysia and the People’s Republic of China.

Under the terms of the MOU, SSE and Bursa Malaysia established an agreement to facilitate the development of communication channels for the sharing of information between both exchanges.

The MOU states that further cooperation will cover aspects such as structuring of listed products, development of debt securities products and debt trading facilities, corporate governance, exchange or secondment of staff and research projects.

Some of the recent and positive developments in Shanghai include the declaration by the China State Council to develop Shanghai into an international financial centre by 2020. This could not have come at a more opportune time for Bursa Malaysia to formalise the working relationship with SSE. SSE is committed to enhancing cooperation and communication with Bursa Malaysia for potential opportunities through mutually rewarding areas of partnerships.

Dato’ Mukhriz Tun Mahathir, Deputy Minister of International Trade and Industry, delivering the luncheon speech at Invest Malaysia Hong Kong.

Page 4: Updates from Bursa Malaysia Notebursa.listedcompany.com/newsroom/BursaBytes_4Q12.pdf · Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market

BursaBytes 3

MARKET HIGHLIGHTS

ASEAN EXCHANGES UNVEILS KEY MILESTONES IN THE DEVELOPMENT OF THE ASEAN ASSET CLASS

ASEAN Exchanges, a collaboration of the seven stock exchanges of ASEAN, unveiled several key milestones in the development of the ASEAN asset class. The announcement was made by the seven CEOs of the ASEAN Exchanges at a press conference at the World Federation of Exchanges 52nd General Assembly and Annual Meeting on 15th October.

Speaking with one voice, the seven CEOs of the ASEAN Exchanges unveiled the newly enhanced ASEAN Exchanges website - www.aseanexchanges.org - that provides aggregated ASEAN market data and analytics in a single location.

Working with best-in-class partners is a key strategy of ASEAN Exchanges in delivering on the goal to create an ASEAN asset class. Continuing on the strength of their partnership with Thomson Reuters, a series of ASEAN-centric Reuters Instrument Codes or more widely known as RICs was developed.

The ASEAN Exchanges and FTSE partnership also delivered on a key milestone today with the unveiling of the FTSE/ASEAN Indices Weekly Report that will be available on the ASEAN Exchanges website.

The enhanced ASEAN Exchanges website features aggregated ASEAN content allowing investors to view the performance of the seven ASEAN exchanges individually as well as providing a single, integrated view of the ASEAN market. The website is built around the ASEAN Stars, the 180 ASEAN blue-chip stocks which represent the 30 most exciting companies of each ASEAN country as ranked by investability in terms of market capitalisation and liquidity.

ASEAN Exchanges created history when The Stock Exchange of Thailand became the third member to connect to the ASEAN Trading Link. Bursa Malaysia and Singapore Exchange were the first two member exchanges to connect on the ASEAN Trading Link earlier in July 2012.

BRANCHES AND KIOSKS ENABLED FOR TRADING PARTICIPANTS FOLLOWING EASING OF REQUIREMENTS

Trading Participants (TP) can now widen their operations to any part of the country by setting up branches and kiosks to reach out to a wider market after several amendments were made to the Rules of Bursa Malaysia Derivatives (BMD).

BMD received the go-ahead from the Securities Commission for its TP’s branching and kiosks proposal which essentially allows a TP to establish a total of 10 branches and kiosks in the first two years, however not exceeding 5 branches per year, with the remaining as kiosks. In the third year of operations onwards, TPs will have the liberty of opening unlimited number of branches and kiosks.

The ASEAN Exchanges website.

Page 5: Updates from Bursa Malaysia Notebursa.listedcompany.com/newsroom/BursaBytes_4Q12.pdf · Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market

4 BursaBytes

MARKET HIGHLIGHTS

China International Oils and Oilseeds 2012 (CIOC 2012), the edible oils industry’s foremost conference returned for the seventh year with Bursa Malaysia Derivatives Berhad (BMD) and Dalian Commodity Exchange (DCE) fulfilling a last year’s pledge to co-organise the event for the next three years.

CIOC started in 2006 as a platform for greater networking and effective dialogue between delegates comprising government officials from Malaysia and China, industry-leading edible oils experts, producers and traders from all over the world. This year, a record was set for the highest turnout ever when more than 1,000 delegates joined the two-day programme (7-8 November 2012) in Guangzhou, China.

The collaboration is a result of the sturdy commitment both BMD and DCE collectively have for the promotion

and development of the edible oils market. The close working relationship as demonstrated by both parties in organising the high-profile event year after year will among others, set the tone for some of the prospects for the market in the coming year. During the conference, the panel of speakers share their views on macro-economic development trends, market supply and demand, price tendency and effective channels for the sustainable development.

The event’s past successes have been built on the foundation that BMD currently operates the world’s most successful futures market for crude palm oil while DCE, the largest futures exchange in China since 2000, operates the world’s second largest agricultural futures market – as such, industry’s experts and players are instinctively aware of the stakes involved and therefore frequently feature as repeat speakers or attendees.

BURSA MALAYSIA DERIVATIVES & DALIAN COMMODITY EXCHANGE JOINT-ORGANISE CHINA INTERNATIONAL OILS AND OILSEEDS CONFERENCE FOR THE SEVENTH YEAR

The ASEAN Exchanges website.

Dato’ Tajuddin Atan (CEO, Bursa Malaysia) addressing the conference.

5th ANNUAL GLOBAL FINANCIAL LEADERSHIP CONFERENCE

In September 2012, Chicago Mercantile Exchange hosted the 5th Annual Global Financial Leadership Conference (GFLC) in Florida. Bursa Malaysia was represented by Tun Mohamed Dzaiddin, Chairman of Bursa Malaysia, Dato’ Tajuddin Atan, Chief Executive Officer of Bursa Malaysia, and Sree Kumar, General Manager of Bursa Malaysia Derivatives. The GFLC conference is an exclusive event that brings together global decision-makers to discuss emerging geopolitical trends, debate critical economic issues, highlight outcome of regulatory policies and provide perspectives on future developments in the financial marketplace. The keynote speakers for this year’s conference include Condoleezza Rice, Former U.S. Secretary of State, Madeline Albright, Former U.S. Secretary of State and Sir Richard Branson, founder of Virgin Group. L to R: Madeline Albright (Former US Secretary of State), Tun Mohamed Dzaiddin

(Chairman of Bursa Malaysia), Condoleezza Rice (Former US Secretary of State).

Page 6: Updates from Bursa Malaysia Notebursa.listedcompany.com/newsroom/BursaBytes_4Q12.pdf · Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market

On 1st October, Bursa Malaysia announced the establishment of its new Shariah Committee as part of its effort to enhance and strengthen the business governance for its Islamic capital market offerings. The oversight function of the Exchange’s Islamic business was previously provided by an individual Shariah Advisor. As part of its strategic direction to propel the Exchange to be a leading marketplace in Asia, Bursa Malaysia is focused on developing its potential as an international Islamic fund-raising centre.

Bursa Malaysia has appointed Professor Dr Ashraf Md Hashim, Associate Professor Dr Shamsiah Mohamad and Associate Professor Dr Younes Soualhi as Chairman and members, respectively, of the Shariah Committee, with effect from 1 October 2012. The Committee is responsible for providing advice on matters relating to Shariah that affect Bursa Malaysia Islamic Services Sdn Bhd and Bursa Malaysia Berhad. The Committee will also guide, advise and provide input on the structuring of Islamic Finance products from the early stage of formulation until issuance as well assist to vet proposals, current procedures, legal and other documents to ensure Shariah compliance in all aspects.

Dr. Ashraf is currently a member of Bank Negara Malaysia’s Shariah Advisory Council and also serves as a member of the National Fatwa Council. He was previously an academic staff at the International Islamic University, Malaysia and was awarded the Chevening Fellowship at the Oxford Centre for Islamic Studies, United Kingdom in 2006. Over the course of his career, Dr. Ashraf has conducted and published numerous researches on various aspects of Islamic financing.

Associate Professor Dr. Shamsiah is an expert in ‘fiqh muamalat’ and is currently lecturing at the Department of Fiqh and Usul, Academy of Islamic Studies, University Malaya. She is also a member of the Shariah Advisory Council of the Securities Commission, the Shariah Advisory Council of Association of Islamic Banking Institutions Malaysia and sits on the Shariah Research Panel, JAKIM.

Associate Professor Dr. Younes is currently the Chairman of the Shariah Board of HSBC Amanah Malaysia and Deputy Dean of the International Islamic University Malaysia (IIUM) Institute of Islamic Banking and Finance. He has published many articles and books in Shariah-related issues as well as in Islamic banking and finance.

On 8th October, FTSE Group (FTSE) and Bursa Malaysia announced the launch of the FTSE Bursa Malaysia Small Cap Shariah Index to complement the existing FTSE Bursa Malaysia Shariah indices. This new Shariah index is designed to provide investors with a precise benchmark for Shariah compliant investment in Malaysian small cap companies.

The FTSE Bursa Malaysia Small Cap Shariah Index was developed in response to the needs of market practitioners who noted the lack of a benchmark to track the performance of Shariah compliant small cap companies. Constituents are selected from the universe of the FTSE Bursa Malaysia Small Cap Index according to the Malaysian Securities Commission’s Shariah Advisory Council (SAC) screening methodology. The index is based on FTSE’s award winning methodology which includes free float adjustment and liquidity screens and is managed in accordance with a clear and transparent set of index rules governed by an independent index committee. It can be used as the basis of ETFs, derivatives and other index-linked products and performance benchmark.

The new FTSE Bursa Malaysia Small Cap Shariah Index forms part of the FTSE Bursa Malaysia EMAS Shariah universe and will be calculated on an end-of-day basis. Subscribers to the FTSE Bursa Malaysia Index Series will receive the new index as part of their existing data package at no extra cost.

For more information on the indices within the FTSE Bursa Malaysia Index Series, including performance reports, constituent information and the index ground rules, please visit www.ftse.com/bursamalaysia.

BURSA MALAYSIA ESTABLISHES NEW SHARIAH COMMITTEE

FTSE AND BURSA MALAYSIA INTRODUCE SHARIAH COMPLIANT SMALL CAP INDEX

BursaBytes 5

ISLAMIC MARKETS

Page 7: Updates from Bursa Malaysia Notebursa.listedcompany.com/newsroom/BursaBytes_4Q12.pdf · Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market

REGULATION

Bursa Malaysia has amended the Main Market and ACE Market Listing Requirements (LR) to strengthen and enhance corporate governance (CG) practices of listed issuers.

The amendments are in line with the recommendations made under the Corporate Governance Blueprint 2011 (CG Blueprint), as well as the Malaysian Code on Corporate Governance 2012 (MCCG 2012) issued by the Securities Commission (SC).

The salient CG amendments made are in the following areas:Aligning disclosure of corporate governance statements with the MCCG 2012 in annual reports •Mandating poll voting for related party transactions which require specific shareholder approval •Limiting the number of directorships in listed issuers from 10 to 5 •Mandating the establishment of a nominating committee and requiring disclosure of its activities •Enhancing disclosures in annual reports in relation to directors’ training •

Through the CG amendments, Bursa Malaysia has also provided greater guidance to listed issuers to enable them to make more meaningful and quality disclosures in their corporate governance statements.

All listed issuers with financial years ending on or after 31 December 2012 must provide their corporate governance statements based on the MCCG 2012 in their annual reports, as announced by the SC when it issued the MCCG 2012 on 29 March 2012. The other CG amendments will become effective on or after 1 June 2013.

For more information on the LR amendments and their effective dates, please visit Bursa Malaysia’s website at www.bursamalaysia.com.

Bursa Malaysia replaced its existing market surveillance systems for its equity and derivatives markets with the Millennium SurveillanceTM System, effective 31 December 2012.

The new system, developed by MilleniumIT, is a unified “cross market” surveillance platform for both the equity and derivatives markets. The implemented new market surveillance system (“MSS”) is in furtherance to the Exchange’s commitment to investor protection and to ensure a fair and orderly market. It is also in line with Bursa Malaysia’s broader effort to create a more facilitative trading environment for investors.

Millennium Surveillance™ is a multi-asset, cross-market, flexible platform, which allows for swifter implementation of changes in response to trading behaviours and regulatory developments. The MSS allows Bursa Malaysia to identify trading behaviour patterns rapidly at both the broker and investor levels. It also includes a comprehensive market replay capability to promptly reconstruct trading activities of the market as it occurs, allowing each transaction and its effects on the market to be closely reviewed.

BURSA MALAYSIA AMENDS LISTING REQUIREMENTS TO STRENGTHEN BOARD QUALITY AND ENHANCE TRANSPARENCY OF LISTED ISSUERS’ CORPORATE GOVERNANCE PRACTICES

BURSA MALAYSIA IMPLEMENTS A NEW MARKET SURVEILLANCE SYSTEM

6 BursaBytes

Page 8: Updates from Bursa Malaysia Notebursa.listedcompany.com/newsroom/BursaBytes_4Q12.pdf · Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market

SECURITIES MARKET SNAPSHOT 4Q 2012Indices 4Q 2012 3Q 2012FTSE Bursa Malaysia KLCI FTSE Bursa Malaysia Top 100 FTSE Bursa Malaysia EMAS FTSE Bursa Malaysia ACE FTSE Bursa Malaysia Palm Oil Plantation FTSE Bursa Malaysia Asian Palm Oil Plantation (USD) FTSE Bursa Malaysia Asian Palm Oil Plantation (MYR) FTSE Bursa Malaysia Hijrah Shariah FTSE Bursa Malaysia EMAS Shariah Market Highlights Units 4Q 2012 3Q 2012Market Velocity (Quarterly Average) % Market Capitalisation (as at end of quarter) RM bil Total Trading Volume (OMT + DBT) bil Trading Volume (OMT) bil Average Trading Volume (OMT) bil Total Trading Value (OMT + DBT) RM bil Trading Value (OMT) RM bil Average Trading Value (OMT) RM bil No. of Trading Days day No. of PLCs counter No. of Listed REITs counter No. of Listed Structured Warrants counter New Listings - IPOs (Including REITs) counter New Listings - Structured Warrants counter No. of Delisted Companies counter Total Funds Mobilised RM bil No. of Rights and Bonus Issues unit No. of New CDS Accounts Opened account

FOREIGN OWNERSHIP BASED ON MARKET VALUE

1,688.9511,302.3911,438.144,214.15

16,768.7419,072.6420,268.3212,674.9311,520.73

24.71,466

65611.094891.462

92116

4773

138129.012

26,791

18.5%  

18.1%  

18.1%  

21.2%  

21.6%  

24.2%  

26.2%  

21.3%  

20.4%  

21.9%  

22.7%  

2001   2002   2003   2004   2005   2006   2007   2008   2009   2010   2011  As  at  year  end  

1636.6610,947.8911,106.564,304.68

17,349.3719,143.2020,330.0012,398.5111,341.75

28.01,417

73701.1

103971.661

93016

4606

1462

9.022

46,746

22.4%   22.5%  22.8%  

23.0%  23.1%  

22.8%  

23.3%  23.5%  23.6%  

23.7%   23.7%  23.9%  

Jan-­‐12  

Feb-­‐12  

Mar-­‐12  

Apr-­‐12  

May-­‐12  

Jun-­‐12  

Jul-­‐12  

Aug-­‐12  

Sep-­‐12  

Oct-­‐12  

Nov-­‐12  

Dec-­‐12  

As  at  month  end    

SECURITIES

BursaBytes 7

Page 9: Updates from Bursa Malaysia Notebursa.listedcompany.com/newsroom/BursaBytes_4Q12.pdf · Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market

1,150  

1,200  

1,250  

1,300  

1,350  

1,400  

1,450  

1,500  

0.0  

0.5  

1.0  

1.5  

2.0  

2.5  

3.0  

3.5  

4.0  

4.5  

5.0  

Jan-­‐12  

Feb-­‐12  

Mar-­‐12  

Apr-­‐12  

May-­‐12  

Jun-­‐12  

Jul-­‐12  

Aug-­‐12  

Sep-­‐12  

Oct-­‐12  

Nov-­‐12  

Dec-­‐12  

M"#  %a'i#ali*a+o-  (bil)  

Volume  (bil)  &  Value

 (RM  bil)  

Total  Val   Total  Vol   MCt  DapEtalEFaGon  

0%  

10%  

20%  

30%  

40%  

50%  

60%  

70%  

1,400.00  

1,450.00  

1,500.00  

1,550.00  

1,600.00  

1,650.00  

1,700.00  

1,750.00  

Jan-­‐12

 

Feb-­‐1

2  

Mar-­‐12

 

Apr-­‐12

 

May-­‐12

 

Jun-­‐12

 

Jul-­‐12

 

Aug-­‐12

 

Sep-­‐1

2  

Oct-­‐12

 

Nov-­‐12

 

Dec-­‐12

 

Market  Velocity  

FBMKLCI  

FBMKLCI   Velocity  

INFORMATION

We also offer a wide range of products and services for our investing public. To learn more, kindly click on the following:

• IPO Summary

• Historical Information

• Bursa Station

DAILY MARKET TREND: FBMKLCI AND MARKET VELOCITY

DAILY MARKET TREND: MARKET CAPITALISATION, TOTAL VOLUME AND VALUE

8 BursaBytes

SECURITIES

Page 10: Updates from Bursa Malaysia Notebursa.listedcompany.com/newsroom/BursaBytes_4Q12.pdf · Hong Kong roadshow is an ideal platform for us to showcase the strength and depth of our market

DERIVATIVES

DERIVATIVES MARKET SNAPSHOT 4Q 2012

Margin Rates

INFORMATIONFor more derivatives information, click on the following:

• Products • Market Statistics • Circulars

DISCLAIMER:Bursa Malaysia does not make any recommendation or endorsement regarding any securities or derivatives products identified in this newsletter. Please seek the advice of professionals, as appropriate, in respect of the evaluation of any specific securities or derivatives product, index, report, opinion, advice or other content. Whilst Bursa Malaysia endeavours to ensure that the contents in this newsletter are accurate, correct or have been obtained from sources believed by Bursa Malaysia to be accurate and reliable, please take notice that all information is provided on an “as is” basis without warranties of any kind and Bursa Malaysia hereby disclaims all expressed, implied and statutory warranties of any kind to the recipient of this newsletter and/or any third party. In no event shall Bursa Malaysia be liable for any claim, howsoever arising, out of or in relation to this newsletter to the recipient of this newsletter and/or to any other third party.

0  

200,000  

400,000  

600,000  

800,000  

1,000,000  

1,200,000  

Jan-­‐

11  

Feb-­‐

11  

Mar

-­‐11  

Apr-­‐11

 

May

-­‐11  

Jun-­‐

11  

Jul-­‐1

1  

Aug-­‐

11  

Sep-­‐

11  

Oct

-­‐11  

Nov

-­‐11  

Dec-­‐

11  

Jan-­‐

12  

Feb-­‐

12  

Mar

-­‐12  

Apr-­‐12

 

May

-­‐12  

Jun-­‐

12  

Jul-­‐1

2  

Aug-­‐

12  

Sep-­‐

12  

Oct

-­‐12  

Nov

-­‐12  

Dec-­‐

12  

KLCI  Futures   Crude  Palm  Oil  Futures   Exchange  Total  

Volume

0  

50,000  

100,000  

150,000  

200,000  

250,000  

Jan-­‐11

 

Feb-­‐11  

Mar-­‐11  

Apr-­‐11

 

May-­‐11  

Jun-­‐11

 

Jul-­‐1

1  

Aug-­‐11

 

Sep-­‐11  

Oct-­‐11  

Nov-­‐11  

Dec-­‐11

 

Jan-­‐12

 

Feb-­‐12  

Mar-­‐12  

Apr-­‐12

 

May-­‐12  

Jun-­‐12

 

Jul-­‐1

2  

Aug-­‐12

 

Sep-­‐12  

Oct-­‐12  

Nov-­‐12  

Dec-­‐12

 

KLCI Futures Crude Palm Oil Futures Exchange Total

Open Interest

Combined Commodity

SPAN Price Scan Range

(RM)

SPAN Volatility Scan Range

(%)

Spot Month Charge (RM)

Spot Month Spread

(RM/pair)

Back Month Spread

(RM/pair)

Short Option Minimum (RM)

New 11/12/12 4,000 3 - 350 300 50Previous 8/10/12 4,000 3 - 350 300 50New 11/12/12 6,000 7 250 - 1,500 50Previous 8/10/12 7,000 9 250 - 1,750 50

KLI

CPO

BursaBytes 9