Signing Ceremony
With FTIN Launched On Oct 31,2016
Multi
Management and Future Solutions Malaysia: Bursa Malaysia Derivatives (BMD) today signed a
licensing agreement with Kuala Lumpur Tin Market (KLTM) to develop and manage
an alternative futures tin trading, the Futures Tin Market (FTIN) contract.
At the signing ceremony here today, it was announced that the newly-developed FTIN will be launched on Oct 31, 2016.
"Bursa is energized with the
cooperation and perspective this as a positive advancement while enhancing
BMD's position in product business especially in metal resource class
subsidiaries.
"What's more, the coordinated
effort will permit us to position BMD as the main ASEAN ware focus by posting
all items fates items," said Bursa Malaysia CEO Datuk Seri Tajuddin Atan.
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