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Margin Rates for Bursa Malaysia Derivatives (BMD) Products



 

SPECIAL MARGIN RATE

In view of the holiday period from 6 February 2016 to 9 February 2016, Bursa Malaysia Derivatives Clearing Berhad will impose special margin rates in order to manage undue volatility movements when market reopens on 10 February 2016. The margin rates in this circular will be applicable to all contracts which remain open at the close of business on Wednesday, 3 February 2016 and will continue to apply until further notice.

 

WHAT YOU NEED TO KNOW ABOUT MARGINS

OPF may use the exchange-calculated margin requirement or may require a different capital requirement. This is a standard industry practice to prevent unrealized losses exceeding the deposited margin requirement amount. Should that happen, your Capital Markets Services Representative (CMSR) will require your account to be topped up before proceeding with any transaction activity. All your futures trading transaction will be assisted through your appointed CMSR. Please take note that margin rates are subject to change from time to time. You may refer to Bursa Malaysia Derivatives (BMD) Circular for the latest updates on Bursa Malaysia Derivatives margin rates.

 

GOODS AND SERVICES TAX (GST)

Oriental Pacific Futures Sdn Bhd is a GST-registered company (GST No. 000780460032) and as such, all taxable supplies of goods and services provided to you shall be subject to the prevailing GST as may be determined by the Government of Malaysia. GST is enforced starting from 1 April 2015. We will issue valid tax invoices to you to enable you to claim the GST input tax credits, where applicable.

 

RECOMMENDATIONS

 

I’m interested to trade but I don’t have an account. Where do I start?

If you are new to futures trading, we highly recommend you read through each of these informative links on how to get started.

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