FKLI

By: Interactive Futures Sdn Bhd (349272-M)  19-04-2010
Keywords: Interactive, broker

FKLI contracts are financial contracts traded on Bursa Malaysia Derivative Berhad. Introduced in December 1995,FKLI contracts are standardized contracts which are legally binding. It is an agreement to buy and sell at a certain date and certain price which is predetermined by the exchange. They are cash settled contracts with no physical delivery involved. Upon expiry ,the profit or loss will be calculated using the final settlement price determined by the exchange

Keywords: broker, Interactive

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