Temporary Suspension of BMD KLI Futures Intraday Margin

Dear Valued Clients,

This is to inform you that the Risk Management Team have decided to temporary suspend the intraday margin for 5 business days in view of potential volatility from the Malaysia’s Upcoming General Election on 9th May 2018.

Kindly be informed the temporary suspension of intraday margin will be effective from 7th May 2018 onwards and will reinstate on 14th May 2018.

Key Points To Note:

  1. Client are advised to place additional funds on top of Maintenance Margin requirements for the preparation of this major event. You may refer the attachment for more information on margin requirement.
  2. Investors may use stop orders during this period. However, do note that in moments of high volatility, stop orders will be subject to prevailing market conditions where low liquidity and fast-moving markets may lead to getting an unfavorable price.
  3. While our Dealing and IT Support teams will do our best to meet demands during this period, clients are encouraged to trade electronically for quicker trade confirmations.

We thank you for your understanding and apologise for any inconvenience that you may experience.

Should you have any query, you may contact the Dealing Desk at (+603) 2711 0026/(+603) 2162 1628 or email PFSB_Dealing@poems.com.my.

Thank you.