KUALA LUMPUR: Kenanga Deutsche Futures Sdn Bhd launched first nationwide campaign, “Back to the Futures”, to encourage listed derivatives trading for the domestic retail segment.
The company, which is a JV of Kenanga Investment Bank Bhd and Deutsche Asia Pacific Holdings Pte Ltd, said on Tuesday it will reward clients who trade with Kenanga Deutsche Futures with petrol cards worth up to RM 2,500 or iPad Mini 4’s.
The campaign which started on June 1, is based on two categories, which are total net commission generated and total volume traded.
The campaign is open to all existing clients and new eligible individuals age 18 and above. Participants will need to open a trading account with Kenanga Deutsche Futures and/or start trading Bursa Malaysia Derivatives Bhd (BMD) products.
Participants can trade these products via KDF TradeActive or by calling the dealing desk at 1300 88 2155. All eligible participants will automatically be enrolled in the campaign.
Kenanga Deutsche Futures CEO and head of listed derivatives Azila A. Aziz said the campaign was part of Kenanga Deutsche Futures continuous efforts to raise awareness among Malaysians on the use of listed derivatives as a viable hedging tool within a trading market that is structured, regulated and operated by BMD.
“BMD listed derivatives products can also be easily traded by participants via our astute online order management system, KDF TradeActive,” she said.
Acting CEO of BMD, K. Sree Kumar said the “Back to the Futures” campaign is an enterprising initiative that will help inspire investors to be pro-active in leveraging on a wider range of investment options.
“I look forward to supporting new and upcoming efforts by our partner brokers to further develop the trading investing experience and boost its visibility,” he said.
KDF TradeActive gives the user the flexibility and convenience to trade at their fingertips, making it easy for them to manage their trades and be up to date with real-time market prices.
As at the year end of 2015, Kenanga Deutsche Futures accounted for about 15.21% of execution market share of the 14 million contracts traded on BMD.
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