CGS International Futures Malaysia (CGS MYF), the futures broking division of CGS International Securities Malaysia (CGS MY), has announced the launch of the first publicly available CME Crypto Futures contracts in Malaysia.
These contracts cover the two largest cryptocurrencies by market capitalisation, Bitcoin (BTC) and Ethereum (Ether).
With this introduction, CGS MY becomes the first licensed derivatives broker in Malaysia to offer local traders and investors access to crypto futures through the global derivatives exchange, CME Group.
Alan Inn, Deputy Chief Executive Officer of CGS MY, stated,
“The introduction of CME Crypto Futures contracts is a natural progression in our efforts to offer access to more complex instruments via a trusted platform such that our audience can capitalise on rapidly evolving market opportunities.”
He added that CGS MY, through its network, has the necessary infrastructure, expertise, and capabilities to support sophisticated traders and investors looking for exposure to digital assets without the full risk or commitment of direct ownership.
Trading crypto futures contracts in a regulated environment provides price discovery benefits, lower trading fees, and a structured approach to managing exposure to digital assets.
CGS MY continues to expand its range of trading and investment products, offering a regulated channel for corporates, institutions, businesses, and retail clients to trade cryptocurrency futures.
The launch follows increasing institutional interest in digital assets, with cryptocurrencies playing a growing role in diversified investment portfolios despite the current bearish global sentiment.
Through CGS MYF, investors can trade Bitcoin, Micro Bitcoin, Ethereum, and Micro Ethereum futures contracts in a regulated, cash-settled environment, providing an alternative to direct cryptocurrency ownership.
These contracts allow for greater risk management and portfolio diversification while mitigating the volatility and security risks associated with spot crypto trading.
Maxwell Ong, Head of Securities and Leveraged Products at CGS MYF, commented,
“The cryptocurrency market is evolving rapidly, and institutional-grade products like CME Crypto Futures provide traders with a structured, transparent, and efficient way to gain exposure to digital assets. These contracts are ideal for experienced traders and investors seeking to hedge risks, capitalise on market movements and volatility, and enhance their portfolios with a regulated instrument.”
Featured image: The CGS MYF Futures & CFDs team with Maxwell Ong Wai Boon (centre), at the launch of the CME Crypto Futures
