Journal of Business and Management

Journal of Business and Management

ISSN: 2291-1995 (Print)    ISSN: 2291-2002 (Online)

Volume 2 (2013), No. 1, Pages 26-33

DOI: 10.12735/jbm.v2i1p26

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Performance of Crude Palm Oil and Crude Palm Kernel Oil Futures in Malaysian Derivatives Market

Noriza Binti Mohd Saad1  Noraini Binti Ismail1  Nor Edi Azhar Binti Mohamad1  Normaisarah Binti Abdul Manaf1 

1Department of Finance & Economics, Universiti Tenaga Nasional (UNITEN), 26700 Muadzam Shah, Pahang, Malaysia

URL: http://dx.doi.org/10.12735/jbm.v2i1p26Citation: 1 (Details)

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Abstract

This study investigates the performance of two contracts traded that is Futures Crude Palm Oil (hereafter refers as FCPO) and Crude Palm Kernel Oil futures (hereafter refers as FPKO) in Malaysian derivatives market. The effects of contract’s settlement, volume and open interest was analyzed towards open price (hereafter refers as price) for both contract traded. Secondary data is used, which are gathered from Bloomberg, Bursa Malaysia for N=1,296 over the period between 2006 and 2010. Overall the result revealed by regression and independent T-test shows that; the dependent variables and independent variables have a strong relationship, and the prices and volume of trading for FCPO is performed better and the most preferable contract compared to the FPKO contracts traded in Bursa Malaysia.

JEL Classifications: L11, L25

Keywords: Crude Palm Oil Futures, Crude Palm Kernel Oil futures, Trading Volume, Open Interest, Price

To Cite this Article: Saad, N. M. S., Ismail, N. B., Mohamad, N. E. A. B., & Manaf, N. B. A. (2013). Performance of Crude Palm Oil and Crude Palm Kernel Oil Futures in Malaysian Derivatives Market. Journal of Business and Management, 2(1), 26-33. http://dx.doi.org/10.12735/jbm.v2i1p26

Copyright © Noriza Binti Mohd Saad et al.

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This article is published under license to Science and Education Centre of North America. This is an Open Access article distributed under the terms of the Creative Commons Attribution 4.0 International License.

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Performance of Crude Palm Oil and Crude Palm Kernel Oil Futures in Malaysian Derivatives Market
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