Anyone trading the Mini FTSE Bursa Malaysia Mid 70 Index Futures (FM70) can share their experience if this futures product moves similar to the main KL composite index futures? The entry seems to be very low and i'm interested to know how much of correlation it has when it moves when compare to KLCI? I'm interested but like to know its liquidity of getting in and out of the product and its spread.

Imagine it won't be like how MES trades like the ES.

When i compare the charts to the composite, looks like really lack of volume.

sorry to inform you but BMDB tried to revive FM70 last year but it died due to no traffic after a couple of months

No wonder. Thanks for the update.

from https://www.bursamalaysia.com/market_inform...tic/derivatives
when they revamped, the first few months already dismal, then you can see volume plunge 90% after that


This post has been edited by Medufsaid: Jun 18 2022, 02:55 PM

Wow. oil volume so much higher, no wonder i hear more msian trade crude palm oil than index futures. Thanks for sharing the stats with me.

This post has been edited by lindtra: Jun 18 2022, 03:08 PM

if really want to try, go for FKLI.
but very volatile and only suitable for day trade.
keep overnight is kind of difficult but can also. Kena burn is your money.

get a trading firm which give u low commission rate to save costs

https://forum.lowyat.net/topic/4104211/+11060

can refer to what this guy was doing. He stop posting in the thread few months back

I see a lot of bank offering futures trading like RHB and have their own proprietary platform. Any idea which broker provide trading with Sierra platform? And any brokers in Msia that is not based on bank? I only know Philip Capital. Any others? i don't think any day trader wants to hold overnight position. I think i will give FKLI a try. Is there like a mini/micro futures product to the FKLI such as the MES to the MES?

Thanks.

Philip capital platform is kind of “basic”. but so far it is cheapest commission I can get.

second cheapest one is am futures. their platform is much better than Philip capital. CIMB future are super duper expensive….

In between, I don’t have all the info you ask above….

set a system stop loss point when entering a trade to protect your capital….

nope. FM70 ver 1.0 used to be the "mini" version. FBM Mid 70 multiplied by MYR 2.00 so by yesterday's pricing of 12,614, is RM25,228.

no volume so they revamped into 2.0 (multiplied by RM4) so institutional players will play it, also failed

https://www.bursamalaysia.com/cn/about_burs...-specifications

This post has been edited by Medufsaid: Jun 18 2022, 05:20 PM

You mean AMP futures or AM bank? but if you're talking about AMP futures, they don't have FKLI as futures product. In fact they don't have any Malaysian futures products. I'm currently with them trading ES.
https://www.ampfutures.com/trading-info/margins

Yeah, i can't rely on basic platform, my strategy relies on using order flow with volume profile.

Sad story. Msia not many retail traders.


In that case, i might consider trading the MSI instead. Thought to give some support for Msia, but really no volume...

This post has been edited by lindtra: Jun 18 2022, 05:26 PM

stock/index futures no volume. but FCPO we are world class. most active month is 3rd month yea. not spot month

This post has been edited by Medufsaid: Jun 18 2022, 05:31 PM

Yeah, i just realized that from the stats provided by earlier poster.

Btw, is there a mini of FCPO?

very unlikely bcos FCPO is physically settled. so if you forgot to close, you need to go port klang butterworth pasir gudang to sell/bring home palm oil

HAhaha. ok. thanks.

Ambank.

Hi ,

How is your experience trading MES / ES? It is so hard to look for MES trader around. I also trade using Ampfutures

This post has been edited by kucinggemok: Jun 28 2022, 03:37 PM

ES is good, very liquid. never have issue getting filled. When i trade MES, i based by charting off ES.