SSF is coming out the end of this month

thats what i heard

15 Apr 2006
BURSA MALAYSIA AIMS TO LAUNCH SINGLE STOCK FUTURES ON 28 APRIL 2006

Bursa Malaysia Berhad (Bursa Malaysia) is targeting to launch the first tranche of Single Stock Futures (SSFs) on 28 April 2006. The initial ten SSFs to begin trading on launch day are:

No. Short Name  Company Name  Stock Code
1. FBRS Bursa Malaysia Bhd 1818
2. FAIR AirAsia Bhd 5099
3. FAMM  AMMB Holdings Bhd 1015
4. FBST  Berjaya Sports Toto Bhd 1562
5. FGEN  Genting Bhd 3182
6. FIOI  IOI Corporation Bhd 1961
7. FMAX Maxis Communications Bhd 5051
8. FRHB  RHB Capital Bhd  1066
9. FSGB  SCOMI Group Bhd 7158
10. FTEL Telekom Malaysia Bhd  4863

Bursa Malaysia's Chief Operating Officer, Omar Merican said, "The addition of Single Stock Futures to Bursa Malaysia's product spectrum is significant as it facilitates price discovery, provides an additional risk management tool for investors and also gives investors a lower cost and easier means for entering the market."

50 agree to be market makers for new futures

KUALA LUMPUR: Bursa Malaysia has obtained the commitment from 50 quasi market makers to play the role of market makers for the soon-to-be-launched single stock futures (SSF), and expects that number to swell to 100.

The exchange also believes that the SSFs to be launched stand a good chance of succeeding, because the derivative instruments have been designed with the retail investors in mind, according to head of product development and planning Shu Meng Chan.

"We have a group of quasi market makers who are local market participants. Fifty of them are active and there will be in total 100,'' he told StarBiz. "They are individuals who trade on their own account and enjoy local commissions and rebates from the exchange.''

Bursa will launch the first batch of 10 SSFs on April 28 and has a programme to roll out 42 SSFs over time. The SSFs were chosen based on the underlying stock's liquidity, velocity and volatility.
The exchange's SFFs are designed to give investors alternatives in a particular sector, and with their low transaction cost and leverage, they could be good plays for retail traders.

With SSFs set to be unveiled next week, brokers have raised numerous issues on SSFs. A key question among them is whether such instruments would actually be successful.

Bursa said the market makers, who had been trading most of the exchange's futures products, would provide liquidity to the SSFs. The exchange feels that the timing for the release of retail-centric SSFs was right as there has been an improvement in the turnover of its crude palm oil and KLCI futures contracts.

However, whether institutional investors would take to SSFs is still uncertain as mandate issues might prevent them from buying such instruments.

"The outlook for the launch for other futures derivatives is feasible. The circumstantial evidence from other issuers is positive, such as CIMB Bhd issuing structured warrants. They would not be doing so unless the environment is favourable,'' said COO Omar Merican.

Shu said that citing Hong Kong and Singapore as examples of why SSFs might not succeed on Bursa was flawed.

He said Hong Kong started its SSFs too early and the derivatives were launched on the futures exchange. The equities and futures exchanges in that country were in competition with each other and hence, the SSFs did not get the desired support from the Hong Kong Stock Exchange.

In the case of Singapore, trading interest was more slanted towards institutional investors as the MSCI Singapore futures is the more heavily traded derivative compared with the STI futures index.

"Developed exchanges have fairly well developed derivatives sectors and the distribution of success between structured warrants, call warrants, SSFs and index and commodity futures do not follow a fixed pattern,'' Omar said.

Bursa has identified potential areas for SSFs to be successful, of which one is the high price of the underlying stock compared with SSFs as the transaction costs of trading in SSFs would be significantly lower than trading the actual stock.

Another category in which SSFs will do well is in growth stocks.

The introduction of SSFs comes at a time when Bursa is busy working on the release and introduction of other instruments.

In the pipeline for launch this year are securities borrowing and lending, restricted short-selling, exchange traded funds, new indices, possible non-ringgit contracts - which will include foreign listings, foreign futures contracts, ADR-type stocks - and proprietary day trading.

"This does not include the other things Bursa is doing from an infrastructure basis and (giving out more) single licences for trading to both corporations and individuals,'' Omar said, adding that the exchange felt it was right that SSFs be introduced before other products and services.

Well seriously, the only way is to put them in FD for 30 years... 

Rumours has it that it's Rxxco LOx  

Is there any link that provide online quotes for SSF to be launched tomorrow?

Howabout websites?preferably FOC one?  

anyone got this counter thplant?

ya ya but dunno wan to sell or not

anyone mind to enlighten me on what is "FKLI" and "FCPO"? i am noob 

Company Name : IRIS CORPORATION BERHAD (MESDAQ Market)
Stock Name  : IRIS
Date Announced : 16/08/2006

Subject : IRIS- i. CONVERSION OF 77,770,020 NON-CUMULATIVE IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("CONVERSION OF ICPS"); AND
ii. EXERCISE OF 4,790,650 WARRANTS ("EXERCISE OF WARRANTS")



Contents :

Kindly be advised that the abovenamed Company's additional:-

(i) 77,770,020 new ordinary shares of RM0.15 each arising from the Conversion of ICPS; and

(ii) 4,790,650 new ordinary shares of RM0.15 each arising from the Exercise of Warrants

will be granted listing and quotation with effect from 9.00 a.m., Monday, 21 August 2006.

i received PB Mutual Fund yearly statement. lol i dun understand anything there. XD hence i dun even know how to calculate, loss or earn and stuff.

lol mind to give me a lecture?
wtf 

PRESS RELEASE
Kuala Lumpur, 5 August 2006
Warning on Swiss Cash or Swiss Mutual Fund 

Bank Negara Malaysia and the Securities Commission would like to warn the members of the public against investing with Swiss Mutual Fund which is promoting the Swiss Cash investment program. Members of the public who invest in the Swiss Cash investment program are not protected by the banking or securities laws.

Swiss Mutual Fund is not licensed or exempted from licensing by Bank Negara Malaysia to accept deposits nor is it licensed by the Securities Commission to carry out asset management activities or investment advisory services in Malaysia.

Swiss Cash fund is an investment program offered through the Internet and local agents. It has not been approved nor endorsed by the Securities Commission.

The public should only invest through parties that have been licensed by Bank Negara Malaysia or the Securities Commission. The public should check with Bank Negara Malaysia, the Securities Commission or other relevant authority on the licensing status of any local or foreign company before making any investment with such companies.

Members of the public may contact the Securities Commission and Bank Negara Malaysia for enquiries on the fund:

Complaints Department, Securities Commission
Tel: 03-6204 8999
Fax: 03-6204 8991
E-mail: aduan@seccom.com.my

Bank Negara Malaysia
Tel: 03-2691 0824/2692 6482/2698 2810/2694 2143
Fax: 03-2698 7467
E-mail: info@bnm.gov.my

Thanks for all the info. I realize we must get an experience insurance agent if we wish to buy an insurance.

Does anybody can give me some idea on the KLCI Futures and SSF(Single Stock Futures)? I wish to know how they operate and how we can buy and sell.

single stock future seldom got trading le

Dear i*Trade@CIMB Customers,

Due to overwhelming response in our earlier workshops, we are proud to bring you our FREE Retail Investment Workshop in Mandarin.

This Trading workshop will enhance retail investors' knowledge on trading and investing in the Malaysian Financial Market.

Retail investors will also be provided with an outlook and overview of the Malaysian Futures Market with special focus on strategies to maximise potential returns via Successful Trading Strategies.


Workshop details as follows:-

Date
23 September 2006 (Saturday)

Venue
Bursa Malaysia Kuala Lumpur

Conference Room 1 &2 Ground Floor

(Click here to view Map)

Admission
FREE (prior registration is a pre-requisite)

Registration
9:15am - 9:45am

Duration
9:15am - 12:45pm

Limited Seats Available! Register early!

Click here to view programme.


To register, please email us at itrade_events@cimb.com or contact Andre Leong/Justin Law/Angela Saik/Candy Lee at (603) 2092 2516 / (603) 2093 0418.

Yours sincerely,

Private Client Services

Where can I open a CDS account in KL, Malaysia?

As far as I know only a few stocks are in 100 shares lot.  Majority is in 1,000 shares lot.  I might be wrong.

Dreamer

Board Lot

Shares are normally traded in specific amounts called Board Lots of 100 units. Any amount less than board lots are called special lots or odd lots. top