media release

FOR IMMEDIATE RELEASE

2 OCTOBER 2023

AFFIN HWANG INVESTMENT BANK BERHAD LAUNCHES CHICAGO MERCANTILE

EXCHANGE FUTURES CONTRACTS

KUALA LUMPUR - Affin Hwang Investment Bank Berhad ("the Bank") today announced the launch of Chicago Mercantile Exchange (CME) futures contracts, providing investors with broader investment opportunities. These futures contracts encompass a diverse range of commodities, including energy, agricultural products, metals, and other important commodity categories, catering to the diverse needs of investors.

Chief Executive Officer of Affin Hwang Investment Bank Berhad, Encik Nurjesmi Mohd Nashir

said, "The launch of the new Chicago Mercantile Exchange Futures Contracts underscores the Bank's commitment to continuously introduce new products. This signifies our continuous growth in the financial markets, offering our valued clients a broader spectrum of investment choices and bolstering portfolio diversification, enabling them to navigate and thrive in evolving market landscapes."

Highlights of the Bank's futures contracts include:

  • Diverse Commodity Selection: Investors will have the opportunity to engage in futures trading for various commodities, including but not limited to index futures (such as Dow Jones, Nasdaq, and S&P 500), energy (such as oil and natural gas), agricultural products (such as wheat, corn, and soybeans), metals (such as gold and copper), and other commodities. This diversity allows investors to select commodities based on market trends and their own investment strategies, thereby achieving portfolio diversification.
  • Risk Management: Futures contracts enable investors to implement risk management strategies to protect their investments during increased market volatility.
  • Market Transparency: As a globally renowned Mercantile Exchange offers a highly transparent better understand market conditions.

commodity trading platform, the Chicago market environment, allowing investors to

  • Round-the-ClockTrading: Futures markets provide trading opportunities at different times of the day, allowing investors to trade according to their schedules.
  • Liquidity: The Chicago Mercantile Exchange is one of the largest commodity exchanges globally, providing robust liquidity. This means that investors can find suitable buyers and sellers in the market, facilitating easier trading without liquidity issues.

Affin Hwang Investment Bank Berhad looks forward to this new investment opportunity assisting clients in achieving their financial goals and finding success in the ever-changing financial markets. The Bank will provide detailed information about the new futures contracts, including trading hours, contract specifications, and market analysis, to assist investors in making informed investment decisions.

For more information, please contact Affin Hwang Investment Bank Berhad Futures via phone at 03- 21467711/012-3497712, via email at ahibb.hq-futures@affingroup.com, or visit the website at einvest.affinhwang.com/derivatives-trading.

-END-

About AFFIN Group

Affin Bank Berhad operates as the financial holding entity of Affin Islamic Bank Berhad, Affin Hwang Investment Bank Berhad, Affin Moneybrokers Sdn Bhd. Generali Insurance Malaysia Berhad and Generali Life Insurance Malaysia Berhad are affiliated companies of Affin Bank Berhad.

AFFIN Group provides an array of financial products and services catering to individual, enterprise, commercial and corporate clients. The focus market segments are categorised under essential business units such as Community Banking, Enterprise Banking, Corporate Banking, Treasury, and Investment Banking. For more information, please visit www.affingroup.com.

For more information, please contact:

Amirah Aliah Azlan

Sharifah Syahirah Syed Azlan

Assistant Manager, Strategic Communications

Assistant Manager, Strategic Communications

Contact Number: +60123688359

Contact Number: +60162641675

E-mail: amirahaliah@affingroup.com

E-mail: sharifahsyahirah.azlan@affingroup.com

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Affin Bank Berhad published this content on 02 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 October 2023 03:06:16 UTC.