Bursa Malaysia (BM) CEO Yusli Mohamed Yusoff has said that
the exchange is hoping for a 2,000 daily turnover of single
stock futures (SSFs), according to reports, despite the lack of
interest in the two month old contract suite.
Market sources have said there has been scarce SSF trading
on most days due to the lack of market intermediaries,
liquidity and dissemination of prices. According to BM market
data, 533 SSFs transacted in April, all of those on the first
day. Volume dropped to 344 for the whole of May, less than a
fifth of Yusoff's daily trading target.
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