Acttually, I am very interested in Trading FKLI and OKLI, but the problem is not much info can be found online.
And I am using ItradeCIMB as my broker.

unfortunately, i am a total newbie, I dont really understand your statement.

guys, please enlight me to something i never know


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example, I want to buy one OKLI P 1620 Oct 2012 , how much i must pay? how much is the brokerage?

This post has been edited by john123x: Sep 27 2012, 10:00 PM

there is no bid and ask quote in the picture..assuming there is an ask of 9.60 (the last done price) - you will need to pay the premium of 9.60 x 50 (the multiplier) = RM 480
while brokerage varies

may I know how big is consider big? 50contracts per day?

If i'm not mistaken, okli has no buyers or sellers. Its a dead market. Same goes for SSF (single stock futures) in bursa, no one's playing

the only active market are FCPO and FKLI, you can forget about the rest.

it's not totally dead..it was in the past when the underlying is the index itself
it was revamped earlier this year and made the FKLI its underlying
also few market makers has been in the market so there is quotes available throughout..activity is starting to pick up also
the same goes to ocpo

before revamp, its a dead market. after revamp, sometimes i see some volume for okli.


I just want to know bout the brokerage and commisson, this info are very usefull for breakeven purposes....

brother u want to open account? pm me your number...

Not so fast, I still need to do Lots of research .. Info on FKLI is too little and too hard to find.
Planing on using ItradeCIMB

And i got another question, whats going to happen to "in the money" OKLI during expiry?

i only know FKLI and FCPO...

itrade cheap meh?

I dont know, Ive been asking around, but no one knows

I got the Itrade future price charges. Later night i will inform you all.

mine RM15 per way...

please do so, thank you

Sorry for the late reply.

CIMB Itrade Future Charges.

FKLI
- 0.5 index point valued at RM25.
Brokerage Commission per side RM25

FCPO
- 1.0 index point valued at RM25
Brokerage Commission per side RM15 (Intraday) & RM30 (Overnight)

thx for the info,

So, break even for FKLI is 1 point....

ITM OKLI upon expiry will be converted to FKLI and in turn cash settled against the final settlement price, so it means cash settled
http://www.bursamalaysia.com/market/deriva...i-options-okli/

while for OCPO upon expiry it will be converted into a 3rd month FCPO contract
http://www.bursamalaysia.com/market/deriva...l-futures-ocpo/

Hopefully the revamp will boost volume in the future. Bursa Malaysia should learn how to educate people the benefits on trading options which i think its much more attractive compare to the likes of futures. It's surprising that in Malaysia, futures are much more attractive compare to the likes of options which is totally the opposite in western countries. Maybe futures are pretty straight forward but with a little bit of teaching, i don't think its hard to understand options and its nature as well. The key points to understand options will be its premium available and also the strike price to determine whether it is in the money (ITM) or (OTM).

I just wish for more liquidity as days go by.

Don't be worried about brokerage fees. It's all about having a plan to earn rather than focus on breakevens. As a CMSR for 3 years right now, i have seen how breakeven clients focus more on lower commission but ending up losing more in the long run due to wrong planning. Average return per year is close to nil or lose.

Congrats to those who shorted CPO!