KUALA LUMPUR (Aug 3): Kenanga Futures Sdn Bhd's annual 'Into The Future' retail campaign is back to reward new and existing customers who trade derivatives contracts in Bursa Malaysia Derivatives Bhd (BMD), CME Group Products (CME) and Hong Kong Futures Exchange (HKFE), from Aug 1 to Oct 31, 2020.

In a statement today, Kenanga Futures said the campaign rewards traders who execute the highest number of contracts with up to RM30,000 worth of prizes including the latest iPhone and other cash prizes.

Kenanga Futures chief executive officer and head of listed derivatives Azila Abdul Aziz said in the wake of rapid digitalisation, the Into The Future campaign this year will be boosted with a new digital gamification component designed to connect with the younger trader segment.

Azila noted the game can be found on Kenanga Futures' website and social media pages with more content derivatives to be uploaded during this period.

“For those who are new to derivatives and are keen to learn more, fret not as education will remain the central theme.

“The campaign is premised on our invitation to our audience to start planning and shaping a better financial future for themselves,” she said.

Amidst the current volatility, she said there is no better time to diversify and hedge through derivatives, especially with its platform KDF TradeActive, which offers the seamless convenience of executing trades on the go.

Azila noted the volume for retail participation this year so far accounts for almost one third of the entire market volume, a 10% increase from three years ago.

Since September 2019, Kenanga Futures said it has expanded its product offerings by introducing access to new contracts through the HKFE.

It said this year’s campaign will include four new products, which are the Hang Seng Index Futures, Mini Hang Seng Index Futures, Hang Seng China Enterprises Index Futures and Mini Hang Seng China Enterprises Index Futures.

Kenanga Futures noted it is pleased to offer another new market for its clients and to cater to the needs of retail traders who have an interest in the Hong Kong futures markets.

The derivatives broker said its online derivatives trading platform KDF TradeActive is available on both desktop and mobile devices so clients can monitor prices and trade on the go.

It noted that current clients who are eligible will automatically be enrolled in the “Into The Future Campaign.”

At midday break, Kenanga Investment Bank Bhd gained 2 sen or 2.84% to 72.5 sen, with a market capitalisation of RM523.98 million. The stock saw some 1.73 million shares traded.