Thursday 30 June 2016

Macquarie launches maiden S&P warrants on Bursa

Macquarie Securities Group issued its pioneer index warrants based on the Standard and Poor's 500 Index (S&P 500) on Bursa Malaysia on Thursday.

The S&P 500 tracks the performance of the 500 largest companies listed on the New York and Nasdaq stock exchanges.

"The trading of the two call and two put warrants began at 9am today (Thursday), with the trading price ranging between 80 sen and RM1.00," said Barnaby Matthews, the division director and head of derivatives of South-East Asia.

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