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Derivatives
KLCI (OKLI) Options
| Contract Code |
Calls: C OKLI
Puts : P OKLI |
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Underlying Instrument
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Kuala Lumpur Composite Index ("KLCI") |
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Contract Size
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KLCI multiplied by RM100.00. |
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Minimum Price Fluctuation
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0.1 index point valued at RM10.00. |
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Contract Months
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Spot month, the next month, and the next two calendar quarterly months. The calendar quarterly
months are March, June, September and December. |
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Trading Hours
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First trading session: Malaysian 8:45 a.m. to 12:45 p.m.
Second trading session: Malaysian 2:30 p.m. to 5:15 p.m. |
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Exercise Price Interval
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20 index point intervals for the spot and next month.
40 index points interval for the next nearest two (2) quarters.
When quarterly month becomes the next month contract, no new series will be introduced
automatically at the beginning of the month to fulfill the 20 index points interval
requirement. |
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Option Series
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At the start of daily trading, there shall be at least an In-the-Money Exercise Price, an
Out-of-the-Money Exercise Price, and an approximate At-the-Money Exercise Price for each contract
month of both the Call Options and Put Options.
A new option series will not be introduced if it would expire in less than 10 Business Days
before the Expiration Date. |
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Exercise
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European style exercise. Options shall be exercised in accordance with the rules of Clearing
House. |
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Final Trading Day
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The last Business Day of the contract month. |
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Final Settlement
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Cash Settlement based on the Final Settlement Value. |
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Final Settlement Value
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The Final Settlement Value shall be the average value, rounded upwards or downwards to one
decimal point (0.05 being rounded upwards) of the KLCI for the last half hour of trading on the
Bursa Malaysia on the Final Trading Day excepting the highest and lowest values. |
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Speculative Position Limit
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5,000 contracts, net gross open position. |
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