Kenanga Futures, a Malaysian listed derivatives broker, is launching a new campaign to build a smart derivatives trading community in a bid to boost retail participation.
The “Grow Your Futures” campaign offers a reduced account opening fee of RM10 from RM3,000, as well as prizes worth up to RM10,000, one-on-one coaching sessions, and commission-free trades.
The 12 Bursa Malaysia derivatives products covered by this campaign range from Crude Palm Oil Futures (FCPO) and FBM KLCI Futures (FKLI) to options on FKLI, Gold Futures, Mini FBM 70 Index Futures, options on FCPO, KLIBOR Futures, USD Crude Palm Oil Futures, RBD Palm Olein, East Malaysia Crude Palm Oil Futures, and 5-Year MGS Futures.
Part of the line-up includes the FTSE4Good Bursa Malaysia Index Futures which allows traders to gain leveraged exposure to companies with leading Environmental, Social, and Corporate Governance (ESG) practices.
The “Grow Your Futures” campaign runs from 4 September to 30 November 2023.
“Our emphasis on inclusive retail participation underscores our campaign’s commitment towards nurturing financial empowerment. It is an invitation to newcomers and novice futures traders, providing them the opportunity to unlock the potential of this vehicle for portfolio diversification and risk management.
Our steadfast belief is rooted in the transformational power of knowledge, because we understand that informed traders make confident decisions. Equipping our clients with tools, resources and educational support necessary for their journey, has been a cornerstone of our approach at Kenanga Futures,”
said Azila Abdul Aziz, Chief Executive Officer and Executive Director and Head of Listed Derivatives of Kenanga Futures.
“We commend Kenanga Futures for their ‘Grow Your Futures’ Campaign’ that aligns with our shared vision of fostering informed trading and investment strategies.
Such initiatives promote investor awareness and market engagement, which contribute positively to the market’s growth and dynamism,”
said Mohd Saleem Kader Bakas, Director of Bursa Malaysia Derivatives.
