By Bursa Malaysia Derivatives (BMD) was on song for 2012 with traded volumes and Open Interest peaking at new highs, surpassing previous records and setting new benchmarks.
2012 was a ground breaking year for BMD. Total volume traded on BMD grew by 1.15 million contracts or 14% growth from 8,446,239 contracts in 2011 to 9,595,096 contracts in 2012. Open Interest for all products hit an all time high of 214,065 contracts on 31 December 2012. On the same day, Open Interest for Crude Palm Oil Futures also broke a new record high of 173,649 contracts.
Another high point was achieved in September when BMD won the "Best Technology Innovation by an Asian Exchange" and emerged runners up "Asian Derivatives Exchange of the Year" at the Futures & Options World for Asia Award ceremony. Factors that contributed to the recognition included easy accessibility and global connectivity of the Malaysian derivatives market.
Bursa Malaysia Derivatives Chief Executive Officer, Chong Kim Seng said, "These developments were very encouraging. We hope the momentum will continue into 2013 and beyond."
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