KUALA LUMPUR, MALAYSIA – Media OutReach – September 11, 2023 – Kenanga Futures Sdn Bhd (“Remember Futures“) proudly announces its latest national initiative, the “Grow Your Futures” campaign. Aimed at creating an intelligent derivatives trading community, this campaign marks a step forward in cultivating a network of savvy and knowledgeable traders. With a commitment to democratizing access to the world of futures trading, the campaign which started on September 4 aims to lower the barriers to entry through a reduction in account opening fees (from RM3,000 to RM10 nominal RM), attractive prizes worth up to RM10,000, individual prizes -a coaching session, as well as a commission-free transaction.
Azila Abdul Aziz, Managing Director, Executive Director and Head of Listed Derivatives at Kenanga Futures
“Our focus on inclusive retailer participation underscores our campaign’s commitment to financial empowerment. This is an invitation to newcomers and novice futures traders, providing them with the opportunity to unlock the potential of this portfolio diversification and risk management vehicle. to hedge equity portfolios, as well as to take positions on daily market fluctuations,” says Azila Abdul Aziz, Managing Director/Executive Director and Head of Listed Derivatives of Kenanga Futures.
“Our unwavering belief is rooted in the transformational power of knowledge, as we understand that informed traders make decisions with confidence. Equipping our clients with the tools, resources and educational support necessary for their journey has been the cornerstone of our approach at Kenanga Futures. » added Azila.
Under this campaign, the account opening fee is reduced to a nominal RM10 from the standard RM3,000. Participants who trade a minimum of 10 Bursa Malaysia Derivatives contracts stand a chance to win the grand prize of a Blueshark R1 smart electric scooter worth RM10,000. In addition to this reward, participants are also in the running to win other prizes, including the Ultra-Light Series 4 electric scooter worth RM1,200 and an e-Touch n’Go credit worth RM500.
Going further, the first 50 participants who open a trading account at Kenanga Futures will benefit from a free one-on-one coaching session, as well as 20 commission-free trades on any of the Bursa Malaysia Derivatives products featured below.
The 12 Bursa Malaysia Derivatives products covered by this campaign range from crude palm oil futures (“Crude Palm Oil Futures”).FCPO“) and FBM KLCI Futures (“FKLI“) to options on FKLI, Gold Futures, Mini FBM 70 Index Futures, Options on FCPO, KLIBOR Futures, USD Crude Palm Oil Futures, RBD Palm Olein, East Malaysia Crude Palm Oil Futures and MGS 5-year Futures.
Also part of the range is the FTSE4Good Bursa Malaysia Index Futures – a unique offering that provides leveraged exposure to companies recognized for their environmental, social and governance practices.
Mohd Saleem Kader Bakas, Director of Bursa Malaysia Derivatives
“We congratulate Kenanga Futures on its “Grow Your Futures” campaign which aligns with our shared vision of fostering informed trading and investment strategies. Such initiatives promote investor awareness and market engagement, which positively contributes to market growth and dynamism,” said Mohd. Saleem Kader Bakas, Director of Bursa Malaysia Derivatives.
Recent trends highlight a growing appetite for derivatives trading, as evidenced by the BMD market’s total of 19.1 million contracts traded for 2022, surpassing the previous record of 18.4 million contracts by 3.7%. in 2021. This demonstrates the dynamic nature of the market and its potential for substantial gains. In line with this growing interest, the “Grow Your Futures” campaign presents an opportune avenue for traders. Through its diverse and accessible product range, as well as its educational initiatives, the campaign perfectly aligns with these evolving market dynamics, providing traders with a promising avenue to profit from the changing landscape.
For more information on 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.
