SeaPRwire
Read More

KLCE Hosts Malaysian Annual Derivatives Conference

pandora
3 minutes

The conference will cover a wide variety of important topics impacting the commodities business both in Malaysia and overseas Kuala Lumpur, Malaysia, January 13, 2023 – (SEAPRWire) – Kuala Lumpur Commodity Exchange (KLCE), a pioneering commodity exchange that provides exhaustive and convenient access to the Malaysian commodity markets, today announced that it will host the Malaysian Annual Commodities Conference (MADC), a two-day event. The MADC is Malaysia’s premier derivatives conference, providing an interactive and lively forum for attendees from across Asia to share perspectives on the latest industry developments. “MACC addresses a wide range of critical issues affecting the commodities industry in Malaysia and around the world”, said Pandasang Singhazam, Head of Derivatives, KLCE. “We are proud to repeatedly provide a forum for all of our stakeholders to exchange ideas and work together toward strengthening Malaysia’s derivatives markets into the future.” This year’s program covers a diverse range of topics, from Malaysia’s housing market and overall economic outlook to the futurization of interest rate SWAPs and the latest developments in regulation and clearing. Panel disc...

SeaPRwire
Read More

KLCE Works on Implementing New Rules of Volatility Converting

pandora
3 minutes

KLCE.org plans to apply a specially designed volatility converter vehicle for FX trading Kuala Lumpur, Malaysia, October 08, 2022 – (SEAPRWire) – Kuala Lumpur Commodity Exchange (KLCE), a pioneering commodity exchange that provides exhaustive and convenient access to the Malaysian commodity markets, today announced that it investigates the process of FX options volatility converting through a specific volatility converting application. This service enables the pricing of the listed FX options liquidity into over-the-counter (OTC) terms, thus helping FX traders monitor and control more efficiently the prices and achieving expected trading performance. The volatility converting tool uses extensive price data which is functionally equivalent to over-the-counter options following adjustments in terms of style, time frames, and underlying price matching, and elaborates a volatility system aimed at comparing the features. The FX options volatility converter calculates and converts FX options premiums, fixed data, standards, and formats into a volatility surface that represents an OTC-equivalent system and into OTC quote conventions, thus creating price comparisons around options pairs. T...

JCN Newswire
Read More

Fujitsu and Digital Commodity Exchange Enter Strategic Agreement to Accelerate Digital Transformation in Global Commodities Trading

ruth
5 minutes

TOKYO, Jul 13, 2021 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited and Digital Commodity Exchange Pte. Ltd. (DCX) today announced that they have entered a global strategic agreement to accelerate the digital transformation (DX) of the global commodity (1) trading industry, including the trade of agricultural products such as grains and raw materials for manufactured goods. In addition, Fujitsu will make a strategic investment in DCX on July 13, 2021 through a fund managed by its subsidiary Fujitsu Ventures Limited.DCX is a holding company of Rice Exchange (2) and was established in Singapore in 2020 as a start-up company that leverages digital technologies to solve business challenges surrounding global commodity trading, including complex and inefficient exchanges and how to best ensure reliability and transparency. Since August 2019, Fujitsu and Rice Exchange have been working together to solve frictions related to global transactions with the world's first digital global rice trading platform, which successfully deployed blockchain technology to realize efficiency with a high degree of reliability and transparency. Fujitsu and DCX are additionally endeavoring to transform ...

ACN Newswire
Read More

Commodities Intelligence Centre to groom Global Commodity Champions On the Back of RCEP

indie
4 minutes

SINGAPORE, Nov 24, 2020 - (ACN Newswire) - Commodities Intelligence Centre (CIC), a B2B e-trade platform for physical commodities, has announced its plans to groom one Global Commodity Champion from each participating country of the Regional Comprehensive Economic Partnership (RCEP). Since the start of year, CIC has reported more than 20% increases in customers joining the platform compared to the same period last year, and a surge in online transactions with over 4,000 customers searching for trading opportunities on the platform. CIC has since achieved a gross merchandise volume of US$13.2 billion (S$17.7 billion), with over 5,200 registered users covering markets, including Singapore, Malaysia, Indonesia, India and China, among other countries in Asia. CIC looks to develop more than ten Global Commodity Champions over the next three to five years, as it strives to uncover new trading opportunities and boost global trade facilitation on the back of RCEP.Peter Yu, Chief Executive Officer of Commodities Intelligence Centre, shared, "The coronavirus has radically reshaped the global supply chain, exposing the fragility of the industry. We believe that CIC is well-placed to empower c...