Kenanga Futures Unveils “Grow Your Futures” Campaign to Boost Retail Participation on Bursa Malaysia Derivatives

KUALA LUMPUR, MALAYSIA – Media OutReach – 11 September 2023 – Kenanga Futures Sdn Bhd (“Kenanga Futures“) proudly announces its latest nationwide initiative, the “Grow Your Futures” Campaign. Geared towards building a smart derivatives trading community, this Campaign marks a stride forward in cultivating a network of savvy and well-informed traders. With a commitment to democratise access to the world of Futures, the Campaign which began on 4 September, is predicated on lowering barriers to entry through reduction in account opening fee (from RM3,000 to a nominal RM10), attractive prizes worth up to RM10,000, one-on-one coaching sessions, as well a commission-free trades.

“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.

Recent trends underscore an increasing appetite for derivatives trading, as evidenced by the total of 19.1 million contracts traded in the BMD market for 2022, surpassing the previous record of 18.4 million contracts in 2021 by 3.7%. This demonstrates the market’s dynamic nature and its potential for substantial gains. In line with this surging interest, the “Grow Your Futures” Campaign presents an opportune path for traders. With its diverse and accessible product range, along with its educational initiatives, the Campaign seamlessly aligns with these evolving market dynamics, offering traders a promising avenue to capitalise on the changing landscape.

For more information about Kenanga Futures and the “Grow Your Futures” Campaign, please visit http://www.kenangafutures.com.my.

Hashtag: #KenangaInvestmentBank

The issuer is solely responsible for the content of this announcement.

About Kenanga Futures Sdn Bhd

Kenanga Futures Sdn Bhd is an award-winning Malaysian listed derivatives broker regulated under the Securities Commission Malaysia and Bursa Malaysia Berhad. The company offers clients electronic market access to trade listed products on Bursa Malaysia Derivatives and CME Group. Apart from being a direct member of Bursa Malaysia Derivatives Berhad and the clearinghouse, the company is also a registered broker with the U.S. CFTC and was granted exemption relief pursuant to Commission Regulation 30.10 which enables the company to paper directly with entities in the U.S. On the domestic front, the company has an extensive network with 24 branches nationwide licensed to trade listed derivatives.

Clients can access both U.S. and Malaysian listed derivatives on a single trading platform via the company’s trademarked real-time customised online trading solution, KDF TradeActive™. KDF TradeActive™ is available on both desktop and mobile devices, giving clients easy access to real-time market data and flexibility to trade on-the-go.

This Press Release was issued by Kenanga Group’s Marketing, Communications & Sustainability Department.