Futures Account Management

New Gold Futures Is Now Online In TC Pro 5 !!! 

Gold Futures (FGLD)

Contract Specification

Contract Code	FGLD
Underlying Asset	Gold assayed to a minimum of 995 fineness
Settlement Method	Cash Settlement
Contract Size	100 grams
Price Quotation	Ringgit Malaysia per gram
Minimum Price Fluctuation	RM 0.05 per gram (or RM5 per tick)
Daily Price Limit	There must be no trading at a price more than 10% above or below the settlement prices of the preceding Business Day (“the 10% Limit”) except as provided below: If spot month Contract trades at the 10% Limit, the Exchange will announce a 10-minute cooling off period (“the Cooling Off Period”) for Contracts of all contract months (including the spot month) during which trading may only take place within the 10% Limit for Contracts of all contract months (including the spot month). After the Cooling Off Period, Contracts of all contract months (including the spot month) will be specified as interrupted for a period of 5 minutes, after which the price limit will be expanded to 20%. The prices traded for Contracts of all contract months (including the spot month) must then not vary more than 20% above or below the settlement prices of the preceding Business Day (“the 20% Limit”). If spot month Contract trades at the 10% Limit less than 30 minutes before the end of the first trading session, the 10% Limit will apply to Contracts of all contract months (including the spot month) for the rest of the first trading session, and the 20% Limit will apply to Contracts of all contract months (including the spot month) during the second trading session. If spot month Contract trades at the 10% Limit less than 30 minutes before the end of the second trading session, the 10% Limit will apply to Contracts of all contract months (including the spot month) for the rest of the Business Day. On any Business Day other than the Final Trading Day, the price limits in the above paragraphs apply to trades in Contracts of all contract months including the spot month. On the Final Trading Day, the price limits in the above paragraphs do not apply to trades in spot month Contracts.
Speculative Position Limit	The maximum number of net long or net short positions for all months combined which a client or a participant may hold or control is 25,000 contracts.
Trading Hours	Monday to Friday Trading Sessions: (Malaysian Time) 0900 – 1230 hours 1430 – 1900 hours Business Days: Follows KL Business Days
Contract Months	Spot month; and Next 3 calendar months; and Any February, April, June, August, October and December falling within a 12 month period beginning with the spot month.
Final Trading Day	Last common Business Day of the spot month in both London and KL. Notes: If the last Business Day of the spot month is a holiday in London, the Final Trading Day will be the first preceding Business Day that is not a holiday in London. A new contract will be available for trading on the first KL Business Day of the following month. Apart from the expiring contract, all other contracts continue to trade up to the last KL Business Day of each calendar month.
Final Settlement Value	The Final Settlement Value will be calculated using the London Gold AM Fix (quoted USD/troy oz) on the Final Trading Day adjusted for conversion into RM/gram. USD/RM conversion rate 1700 hours middle rate published on the Final Trading Day on the Bank Negara Malaysia website. Conversion from Troy Ounce to Grams 1 troy oz = 31.1034768 grams. Rounding Up/Down Final Settlement Value to be rounded to the nearest RM0.05.

Note:

1. The Securities Commission of Malaysia approves Gold Futures (FGLD) trading on Bursa Malaysia.
2. Disclaimer: All references to The London Gold AM Fixing prices are used with the permission of The London Gold Market Fixing Limited. The London Gold Market Fixing Limited and Bursa Malaysia Derivatives Bhd accept no liability or responsibility for the accuracy of the prices or the underlying product to which the prices may be referenced.

Gold assayed to a minimum of 995 fineness

Cash Settlement

100 grams

Ringgit Malaysia per gram

RM 0.05 per gram
(or RM5 per tick)

There must be no trading at a price more than 10% above or below the settlement prices of the preceding Business Day (“the 10% Limit”) except as provided below:

1. If spot month Contract trades at the 10% Limit, the Exchange will announce a 10-minute cooling off period (“the Cooling Off Period”) for Contracts of all contract months (including the spot month) during which trading may only take place within the 10% Limit for Contracts of all contract months (including the spot month).


2. After the Cooling Off Period, Contracts of all contract months (including the spot month) will be specified as interrupted for a period of 5 minutes, after which the price limit will be expanded to 20%. The prices traded for Contracts of all contract months (including the spot month) must then not vary more than 20% above or below the settlement prices of the preceding Business Day (“the 20% Limit”).


3. If spot month Contract trades at the 10% Limit less than 30 minutes before the end of the first trading session, the 10% Limit will apply to Contracts of all contract months (including the spot month) for the rest of the first trading session, and the 20% Limit will apply to Contracts of all contract months (including the spot month) during the second trading session.


4. If spot month Contract trades at the 10% Limit less than 30 minutes before the end of the second trading session, the 10% Limit will apply to Contracts of all contract months (including the spot month) for the rest of the Business Day.


5. On any Business Day other than the Final Trading Day, the price limits in the above paragraphs apply to trades in Contracts of all contract months including the spot month. On the Final Trading Day, the price limits in the above paragraphs do not apply to trades in spot month Contracts.

The maximum number of net long or net short positions for all months combined which a client or a participant may hold or control is 25,000 contracts.

Monday to Friday
Trading Sessions: (Malaysian Time)
0900 – 1230 hours
1430 – 1900 hours

Business Days:
Follows KL Business Days

Spot month; and
Next 3 calendar months; and
Any February, April, June, August, October and December falling within a 12 month period beginning with the spot month.

Last common Business Day of the spot month in both London and KL.

Notes:

If the last Business Day of the spot month is a holiday in London, the Final Trading Day will be the first preceding Business Day that is not a holiday in London.

A new contract will be available for trading on the first KL Business Day of the following month.

Apart from the expiring contract, all other contracts continue to trade up to the last KL Business Day of each calendar month.

The Final Settlement Value will be calculated using the London Gold AM Fix (quoted USD/troy oz) on the Final Trading Day adjusted for conversion into RM/gram.

USD/RM conversion rate
1700 hours middle rate published on the Final Trading Day on the Bank Negara Malaysia website.

Conversion from Troy Ounce to Grams
1 troy oz = 31.1034768 grams.

Rounding Up/Down
Final Settlement Value to be rounded to the nearest RM0.05.

One Stop Futures Solutions 

Think you can handle the heat ? Then proceed and open up a live futures account with CIMB Futures Sdn Bhd. CIMB futures is one of the Bursa Derivatives official trading participants that offered all the futures products from Bursa Derivatives. These include all equity financial, non-equity financial and commodity futures products. CIMB Futures Sdn Bhd also a clearing participants to minimize trading cost and optimize back office efficient to end users. 

* Complimentary in-house and international daily market news letter direct to your email inbox. 

*Trade on the go with iTrade mobile and stand alone professional trading platform, TC Pro. 

*Always on, live data streaming direct from the exchange. 

*All CIMB futures trading platform communicate directly to the exchange to minimize orders lag. 

*Live portfolio with profit and loss  statement. 

* Competitive tailored made execution rates for traders from all levels. 

*Helpful and friendly trading desk. 

 *And much much more. 

Opening a futures account is a breeze, just follow these easy steps and your account will be ready in no time 

1. Print out these Futures individual form and electronic supplemental form. 

2. Read all the agreement and duly sign on it. 

3. Document required for individual account opening: 

a. NRIC / Passport / Armed Forces or Police Personnel  Authority Card of the Applicant (both sides).

b. Last 3 months Bank Statement / Latest Payslip / EA Form /  Income Tax Return Form of the Applicant.

4. Submit the required document and documents on the step 1 to:

Attn:

Oo Man Hoong

CIMB Securities Berhad

Level G & 1 Tropicana CIty Office Tower 3 

Jalan SS 20/27, 

47400 Petaling Jaya,

Selangor. 

Tel: 012-560 0912

5. I will contact you upon receive the account opening forms. 

6. You can now go to www.itradecimb.com.my to register your very own iTrade online account or click here. Please read this guide on iTrade online registration before you register. 

7. Usually after two working days on receiving your account opening forms, you will notified again and all other further steps to activate your trading platforms once the account has been created. Your are done and ready to trade Malaysia futures !!

iTrade CIMB have various online platform for easy access to your futures account whenever and wherever you need it, no kidding. 

iTrade can now be access via mobile phone and other hand held device that have internet connection. 

*Compatible with most android phone and iPhone. 

*Computers, Android and other portable devices Login page: iTrade Lite: https://lite.itradecimb.com.my/gcCIMB/cliLoginLite.jsp

iPhone Appstore: Search for itrade cimb malaysia and download the apps. 

Tutorial:

iTrade Lite or iTrade Web. Click here. 

TC Pro. Click here. 

Stand alone TC Pro ver.4 Features 

• Windows based graphic user interface (Friendly GUI).
• Industries order types such as stops, limits, market, market to limit and stop  limit.
• Embedded Charts with indicators and drawing tools
• Fully customize quotes and layouts.
• Instant orders execution
• Streamline live feeds on every Bursa Derivatives products including Bursa Malaysia stock prices viewer.
• Custom prices, volume, and various market changes alerts.
• Fully detailed order book and order management.
• Easy updates periodically.  
• Compatible with all Microsoft operating systems with minimal CPU requirements.
• Portfolio tracker and much much more.

 TC Pro ver.4 Recommend Hardware requirements. 

- Windows XP Operating System or above with English set as main language. Chinese PRC or other non English language will force the application to crash. 

- Intel Core 2 Duo 2.2 ghz processor and above 

- 2 GB of Ram

- At least 100 MB of hard disk space is required.