Kenanga Futures’ ‘Grow Your Futures’ campaign to boost retail participation on Bursa Malaysia
KUALA LUMPUR: Kenanga Futures Sdn Bhd (Kenanga Futures) has launched its latest nationwide initiative, the ‘Grow Your Futures’ campaign.
According to its press statement, geared towards building a smart derivatives trading community, this campaign marks a stride forward in cultivating a network of savvy and wellinformed traders.
With a commitment to democratise access to the world of futures, the campaign which began on September 4, 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.
“Our emphasis on inclusive retail participation under scores our Campaign’s commitment towards nurturing financial empowerment.
“It is an invitation to newcomers and novice Futures traders, providing them the opportunity to unlock the potential of this vehicle for portfolio diversification and risk management.
“It is a powerful avenue for hedging equity portfolios, as well as taking a position on the daily market fluctuations,” says Kenanga Futures chief executive officer/executive director and head of Listed Derivatives Azila Abdul Aziz.
“Our steadfast belief is rooted in the transformational power of knowledge, because we understand that informed traders make confident decisions. Equipping our clients with tools, resources and educational support necessary for their journey, has been a cornerstone of our approach at Kenanga Futures,” added Azila.
As part of this campaign, 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 valued at RM10,000.
Taking this further, the first 50 participants who open a trading account with Kenanga Futures will benefit from a complimentary oneto-one coaching session, as well as 20 commission-free trades across any of the Bursa Malaysia Derivatives products highlighted below.
The 12 Bursa Malaysia Derivatives products covered by this Campaign range from 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 5-Year MGS Futures.
The FTSE4Good Bursa Malaysia Index Futures is also part of the line-up – a unique offering that provides leveraged exposure to companies recognised for their Environmental, Social and Governance practices.
“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 Bursa Malaysia Derivatives director Mohd Saleem Kader Bakas.