Saturday, May 10, 2008

How to trade FKLI?


KLCI is made up from 100 selected company in Malaysia. And now the Index is traded at approximately 1285.00 points.

FKLI is the Future price of the KLCI at selected expired date(last business day of that month).

Each point of CI is worth RM50.00. So the theoretical price of FKLI is some where around RM64,500.00.

However each contract you buy only need RM6000.00. And you can choose to either buy it up(long) or buy it down(short).

This market is a little aggressive. But it is almost impossible to do insider trading as it accumulate a huge market. So it is a fair market.

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