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Malaysia's dlr palm futures to start within 6 mths

Mon Feb 25, 2008 9:48pm EST
 
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KUALA LUMPUR, Feb 26 (Reuters) - Malaysia's stock and derivative exchange operator, Bursa Malaysia (BMYS.KL: Quote, Profile, Research, Stock Buzz), will launch a dollar-denominated palm oil futures contract within six months, it said on Tuesday.

"We are trying to ensure that all soft futures are in place. It will be launched in less than six months," Omar Merican, chief operating officer of Bursa Malaysia, told reporters. (Reporting by Naveen Thukral; Editing by Syed Azman)

 

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