Malaysia’s Affin Hwang Investment Bank has launched the country’s first crude palm oil futures structured warrants on the local bourse.
The put and call warrants allow investors to access CPO futures at a fraction of the underlying contract price and potentially benefit from both upward and downward market movements, the bank says a statement on January 17, when the securities were listed on Bursa Malaysia.
These “innovative investment options” underscore the bank’s “commitment to provide financial solutions that evolve with our clients’ needs”, according to Nurjesmi Mohd Nashir, its chief executive officer.
Muhamad Umar Swift, CEO of the bourse, describes the launch as “timely” with growing demand driving “remarkable growth” of structured warrants and retail investor participation surging 69.1% year-on-year in 2023.
“Furthermore, there was a record high of 1,804 issuances in a single year, last year. This strong growth underscores the market’s appetite for diversified and sophisticated investment tools,” he says.
