Kenanga Deutsche Futures Sdn Bhd (“Kenanga Deutsche Futures”) has successfully deployed KDF TradeActiveTM; its first real time customised online order management system for trading listed derivatives.
KDF TradeActiveTM leverages on Bloomberg’s Realtime Systems (RTS), a technology provider of a high-performance trading and robust algorithmic trading platforms that has already been widely used by international brokers for trading in global markets. Kenanga Deutsche Futures is the first in Malaysia to deploy the RTS platform that is CME certified, for its clients to access and to trade into Bursa Malaysia Derivatives Berhad listed products which is hosted on CME Globex in Chicago, USA.
Citing Ms Azila A Aziz, CEO and Head of Listed Derivatives of Kenanga Deutsche Futures, “We progressively continue to sharpen our focus on customers and responding to emerging opportunities more rapidly for the listed derivatives business to grow more than what it is today. The deployment of KDF TradeActiveTM would enhance our DMA offerings and place us in a strategic position for a potentially much more scalable on boarding potential, leveraging on the two globally well-established networks Bloomberg and RTS Realtime Systems.”
She also added that “such initiative would place the company in a logical progression towards embracing financial technology (FinTech) amid the changes in derivatives market landscape”.
KDF TradeActiveTM will facilitate the company’s both in-bound and out-bound business models with capabilities of system integration among multitude of Financial Information eXchange protocol (FIX) compliant platforms. The order management system enables clients to trade in real time, monitors market price movements and incorporates trade execution strategies. Its scalable technology will also provide potential connectivity with other global futures markets, in different time-zones and workflow efficiencies yet being fully compliant with the listed derivatives industry requirement and standards.
Staying true to what it does best with lots of clients’ focus and responding to emerging opportunities for more rapidly has helped Kenanga Deutsche Futures retain its leadership position in the Malaysian Listed Derivatives space. For the past 13 consecutive years, in 2015 Bursa Malaysia Derivatives Berhad has named the organisation as “Best Derivatives Trading Broker” and “Best Trading Broker – Equity Derivatives” and it also won as the First Runner up in the Best Derivatives Clearing Broker category. In the inaugural regional recognition held in Singapore, Kenanga Deutsche Futures was voted by the Futures and Options World (FOW) Awards for Asia 2015 judges as the Emerging Market Broker of the Year 2015. The award recognises the firm for tangible innovation and growth contribution to the futures market that includes contract growth as well as revenue and profit growth.
As at 2015, Kenanga Deutsche Futures accounted for 15.21% of execution market share out of the 14 million contracts traded on Bursa Malaysia Derivatives Berhad.
About Kenanga Deutsche Futures Sdn Bhd (353603-X)
Kenanga Deutsche Futures Sdn Bhd (“Kenanga Deutsche Futures”) is Malaysia’s Best Derivatives Trading Broker and Best Trading Broker – Equity Derivatives for the past 13 consecutive years. They were also named Best Derivatives Clearing Broker (1st Runner Up) by Bursa Malaysia Berhad this year. These titles were awarded in recognition of its performance and contribution to the industry.
Regionally, Kenanga Deutsche Futures was also a recipient at the FOW Awards for Asia 2015 when it was voted the Emerging Market Broker of the Year for 2015, the first winner of the category. The Award recognised Kenanga Deutsche Futures for its tangible innovation and growth contribution to the futures market. This includes contract growth as well as revenue and profit growth.
Kenanga Deutsche Futures was incorporated in August 1995 and is a joint venture between Kenanga Investment Bank Berhad (73%) and Deutsche Asia Pacific Holdings Pte Ltd (27%). Through this strategic partnership, Kenanga Deutsche Futures receives advices and assistance on many aspects of the futures industry, adding to the extensive experience and expertise of the team.
Kenanga Deutsche Futures holds participantships in the following:
- Trading Participantship of Bursa Malaysia Derivatives Bhd.
- Clearing Participantship of Bursa Malaysia Derivatives Clearing Bhd
- Registered firm with the US CFTC, granted exemption relief pursuant to Commission Regulation 30.10
