KLCI
Trade FTSE Bursa Malaysia KLCI Index Futures with Phillip Capital Malaysia
The FTSE Bursa Malaysia KLCI Futures (FKLI) are cash-settled futures contracts that track Malaysia’s benchmark composite index, providing traders direct exposure to the 30 largest companies on Bursa Malaysia. Each contract represents the FBM KLCI index level multiplied by MYR 50, offering an efficient way to gain exposure to Malaysian equity markets without purchasing individual stocks.
What Are FTSE Bursa Malaysia KLCI Futures?
FTSE Bursa Malaysia KLCI Futures are standardized derivatives contracts based on the FTSE Bursa Malaysia Kuala Lumpur Composite Index. These futures contracts allow traders and investors to buy or sell the index value at a predetermined price for settlement on a specific future date. The underlying FBM KLCI tracks the full market capitalization of Malaysia’s top 30 companies, making FKLI an ideal instrument for portfolio hedging and market speculation.
The contract uses cash settlement, meaning no physical delivery of stocks occurs. Instead, traders profit or lose based on the price difference between their entry point and the closing settlement value.
Core Advantages of Trading FKLI with Phillip Capital Malaysia
Direct Market Access
Trade FKLI directly through Bursa Malaysia Derivatives with competitive pricing and real-time execution.
Advanced Platform Technology
Access the Phillip Nova platform featuring sophisticated charting tools, technical analysis indicators, and risk management features.
Comprehensive Support
Benefit from dedicated customer service, educational resources, and trading guidance tailored for futures markets
Regulatory Compliance
Trade with confidence knowing Phillip Capital Malaysia operates under strict regulatory oversight and maintains robust client protection protocols.
Multi-Asset Integration
Seamlessly manage FKLI positions alongside other regional futures and equity investments through a single platform.
FKLI Contract Specifications Breakdown
| Specification | Details |
|---|---|
| Underlying Index | FTSE Bursa Malaysia KLCI (30 largest companies) |
| Contract Size | Index level × MYR 50.00 |
| Tick Size | 0.5 index points (MYR 25.00 per tick) |
| Contract Months | Spot month, next month, plus two quarterly cycles |
| Trading Hours | 8:45 AM – 12:45 PM, 2:30 PM – 5:15 PM, 9:00 PM – 2:30 AM (Kuala Lumpur time) |
| Settlement | Cash settlement based on final FBM KLCI value |
| Position Limit | 10,000 contracts (net long or short) all months combined |
| Daily Price Limit | 20% of previous day closing price |
Phillip Nova Platform Features for FKLI Trading
The Phillip Nova platform delivers comprehensive tools designed specifically for futures trading:
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Real-Time Market Data
Access live FKLI quotes, volume information, and order book depth with minimal latency
- Advanced ChartingUtilize professional-grade charts with customizable timeframes, technical indicators, and drawing tools for detailed market analysis
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One-Click Trading
Execute FKLI trades quickly with pre-configured order types and risk parameters
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Portfolio Management
Monitor positions, profit/loss, and margin requirements in real-time across all contract months
- Mobile AccessTrade FKLI on-the-go through mobile applications with full platform functionality
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Watchlist Customization
Create personalized watchlists to follow FKLI contracts and related market data efficiently
Strategic Use Cases for FKLI Trading
Portfolio Hedging
Institutional investors use short FKLI positions to protect Malaysian equity portfolios during market downturns, maintaining exposure while limiting downside risk.
Directional Trading
Traders implement long or short FKLI strategies based on technical analysis and macroeconomic outlook for Malaysian markets.
Spread Strategies
Advanced traders engage in calendar spreads, trading different contract months to profit from time decay and volatility changes.
Arbitrage Opportunities
Professional traders identify pricing discrepancies between FKLI futures and the underlying index or related ETF products.
Sector Rotation
Combine FKLI positions with individual stock trades to implement sophisticated sector allocation strategies.
Compliance and Regulatory Framework
Phillip Capital Malaysia maintains strict adherence to Bursa Malaysia Derivatives regulations and Malaysian securities law. Our compliance framework includes:
Client Asset Segregation
Customer funds are held in segregated accounts, providing enhanced protection
Risk Management Systems
Automated position monitoring and margin calls ensure prudent risk control
Regulatory Reporting
Comprehensive transaction reporting and audit trails maintain market transparency
KYC/AML Procedures
Robust customer verification processes prevent money laundering and ensure legitimate trading activity
Educational Resources for FKLI Traders
Live Webinars
Join weekly sessions covering FKLI market outlook, trading strategies, and platform tutorials.
Trading Guides
Download comprehensive guides explaining futures mechanics, margin requirements, and risk management principles.
Demo Accounts
Practice FKLI trading with virtual funds to familiarize yourself with contract behavior and platform features.
Market Analysis Reports
Access daily and weekly research covering FBM KLCI trends, economic data impact, and trading opportunities.
Technical Analysis Training
Learn to apply chart patterns, indicators, and momentum analysis specifically to FKLI trading.
Step-by-Step FKLI Trading Onboarding
1. Account Opening: Complete the futures trading account application with required documentation and KYC verification.
2. Platform Setup: Download and configure Phillip Nova software, customize layouts, and set up market data feeds.
3. Demo Trading: Practice with virtual funds to understand FKLI contract mechanics and platform functionality.
4. Funding: Deposit initial margin in MYR to meet minimum trading requirements.
5. First Trade: Place your initial FKLI order with guidance from our dealing team on sizing and risk management.
6. Ongoing Support: Access continuous education, market updates, and technical support as your trading develops.
Trade FKLI with Confidence Today
Start trading FTSE Bursa Malaysia KLCI Futures through Phillip Capital Malaysia’s proven platform and benefit from our comprehensive support system. Whether you’re hedging existing portfolios or seeking leveraged exposure to Malaysian markets, FKLI provides the liquidity and efficiency needed for professional trading.
Contact our dealing team to open your futures trading account and begin accessing one of Southeast Asia’s most actively traded index futures contracts. Join the growing number of traders who rely on Phillip Capital Malaysia for their FKLI trading needs. Sign up and Open a Phillip Nova account today.
For any other enquiries
Simply send us an email via
pcsb_enquiry@phillipcapital.com.my to make a request.
