Gold Futures (FGLD)
FGLD is a Malaysian Ringgit ("MYR") denominated gold futures contract traded on Bursa Malaysia Derivatives ("BMD"), providing market participants exposure to international gold price movements.
| Contract Specifications | |
|---|---|
| Contract Code | FGLD |
| Underlying Instrument | Gold assayed to a minimum 995 fineness |
| Contract Size | 100 grams |
| Contract Months | Spot month and the next 3 succeeding months, and thereafter, alternate months up to 12 months ahead |
| Trading Hours | 1st Session: 09.00 a.m. to 12.30 p.m. 2nd Session: 02.30 p.m. to 07.00 p.m. |
| Pricing Unit | Malaysian Ringgit (MYR) |
| Minimum Price Fluctuation | MYR 0.05 / gram |
| Final Settlement | Cash Settlement |
| Why Trade FGLD? |
|---|
- Global Access
FGLD is traded electronically on CME GLOBEX®, a global electronic trading platform. Accessing CME Globex® is easy and allows individual and professional traders anywhere around the world to access all BMD products.
- Take Advantage of Both Bull and Bear Markets
FGLD provides retail investors with a structured product to access the physical gold market. Buy low and sell high for a bullish outlook on the movement of international gold prices, and vice versa for a bearish outlook.
- Regulated Trading
Trade with confidence in a secure and transparent marketplace regulated by the Securities Commission Malaysia.
- Leveraged Trading
Gain leveraged exposure to the notional value of the underlying asset with a relatively small amount of capital (Initial Margin), magnifying the effect of a given change in price.
- Risk Management
Gold jewelers, manufacturers, traders, and dealers can use FGLD to minimise the risks associated and hedge against the risk of unfavorable market price movement in the physical market.
Resources for Download & Related Links Brochure
English | Bahasa Malaysia | Chinese（中文）Contract Specifications
English | Bahasa Malaysia | Chinese（中文）