OSK Futures currently trades the following products on MDEX:-.
Kuala Lumpur Stock Exchange Composite Index (KLSE CI) Futures
Kuala Lumpur Stock Exchange Composite Index (KLSE CI) Options
3-Month Kuala Lumpur Interbank Offered Rate (KLIBOR)
Crude Palm Oil (CPO) Futures
Crude Palm Kernel Oil (CPKO) Futures
Three-Year Malaysian Government Securities Futures Contract (FMG3)
Five-Year Malaysian Government Securities Futures Contract (FMG5)
Ten-Year Malaysian Government Securities Futures Contract (FMGA)
Licenced Futures Broker Representative:
Hiew Kat Kee
Tel: 019 8138699
Palm oil represents an important source for global oils & fats, and has become one of the world's most highly consumed edible oils. Of the 16 major oils & fats produced worldwide, palm oil production reached 17.4 million metric tonnes or 17.5% of total world production in 1997. It remains second only to soya bean oil, which still accounts for the largest share of world production. However, in terms of trade, palm oil continues to lead, having increased its market share of the world's oils & fats export market from 6.4% in 1970 to approximately 37.8% today.
Stock Index futures contract is an agreement between a seller and a buyer to respectively deliver and take delivery of a basket of shares which makes up the stock index, at predetermined price but at a specific future date. However, almost all Stock Index futures contracts (and similarly FKLI) provide for cash settlement in lieu of actual delivery of the basket of shares. The KLSE CI futures contract is a stock index futures contract that is based on the KLSE CI.
Crude palm oil futures contracts (CPO futures contract) are contracts made between two parties to buy or sell crude palm oil at a predetermined price with settlement and delivery made in the future. It can be offset prior to maturity by an equal and opposite transaction or left to settle by way of physical delivery.