Wednesday, December 2, 2015

SPREAD : FKLI

SPREAD : FKLI

Simple and brief illustration:

FKLI CS =  spread (the diferent of april and may fkli _
we call SPREAD (market)

- see april and may , count the Diferent . it is abt 5pts diferent now.
- can trade this example , buy when it is 2pts.  and if month end go up to 8pts .
- gain 6pts x RM50 = RM300 per lot.
-if u know how, then u trade 5 lots x Rm300 =  RM1500

-margin per lot abt RM400 .
5lot x RM4000 =  RM2000 capital needed only.



Monday, November 30, 2015

Big news : IMF将人民币纳入储备货币篮子

IMF将人民币纳入储备货币篮子


http://cn.wsj.com/gb/20151201/fin074407.asp

http://cn.wsj.com/gb/20151201/fin085316.asp


际货币基金组织(The International Monetary, 简称IMF)周一将人民币纳入其​由​精英​货币构成的​储备货币篮子,​这是中国崛起为全球经济强国过程中的一个里程碑。

许多中国观察家表示,IMF的决定有很大程度是基于政治考量,目的在于鼓励这个全球第二大经济体进行更大力度的经济改革。

虽然IMF的决定要到明年晚些时候才会生效,但可能有助于加快国际对人民币需求的增长速度。在中国政府开始放宽严格管控的汇率及金融系统之际,IMF的决定将授予人民币一定程度的国际合法性。

对中国人来说,人民币”入篮“不仅关乎声誉,也是中国在挑战美国全球政治经济主导地位之际提升中国全球经济地位的战略内容之一。人民币将加入目前由美元、欧元、英镑和日圆组成的IMF储备货币篮子。

不过,其他一系列因素将决定人民币作为实质全球储备货币的命运。

对于各国金融当局和市场来说,IMF此时的决定象征性价值要大于实质重要性。

中国建立市场化的汇率机制、深化金融系统改革、强化国内经济机构并取得更稳健的长期经济增长的速度,将是各国央行和投资者是否有足够信心增持人民币作为储备货币的主要决定因素。

换言之,中国政府必须不辜负IMF的决定。

过去一年,中国政府已推出一系列的政策来满足IMF将人民币纳入所谓的特别提款权(SDR)货币篮子的标准,这些举措包括利率市场化和放宽外资准入规定。

IMF的职员表示,人民币轻易满足了第一条标准:即货币发行国必须是一个大型出口国。不过,IMF的经济学家们于今年8月份曾质疑人民币是否满足“可以自由兑换”的第二个标准。

中国政府随后出台了几项更大的金融业整顿方案,包括为使人民币汇率进一步市场化而引导人民币贬值。连同IMF可被广泛解读的模糊定义,中国政府最新的努力已足够说服IMF将人民币纳入货币篮子。

本月早些时候,IMF总裁拉加德(Christine Lagarde)支持将人民币纳入货币篮子,她表示IMF职员的一份报告显示人民币目前已经满足了IMF的标准。

彼得森国际经济研究所(Peterson Institute for International Economics)资深研究员兼前美国财政部高级官员Ted Truman说,这些努力是一个进步,但仍未能建立一个充分的记录。

这也正是为什么许多经济学家和中国观察家称IMF的决定有很大成分是基于政治考量,是为了鼓励中国政府为其在全球经济中扮演更重要角色承担起更大责任。

尽管美国官员私底下仍质疑人民币取得储备货币地位的时机是否已经成熟,但他们也认为此举对中国央行内部的改革派推动国内经济改革的努力有帮助。

部分IMF观察家还表示,国际社会支持人民币加入储备货币篮子一定程度上也是一种政治补偿,因为IMF一直未能改革治理结构,授予中国和其他新兴市场国家与其全球经济影响力上升相匹配的更多的投票权。

对于中国和其他发展中国家而言,美国议员一再拒绝批准对IMF的治理结构进行改革成为他们的一个痛点,这些国家表示,被剥夺在IMF的投票权正促使他们创立自己的国际经济机构。

赋予人民币储备货币地位在一定程度上是为了鼓励中国政府承担更大的国际政治和经济责任。

如果人民币这次未能赢得IMF的储备货币地位,也将令中国领导人感到尴尬,因中国明年将成为二十国集团(G20)的轮值主席国。一些经济学家们表示,人民币这次若未能被纳入IMF储备货币篮子,则中国国内那些寻求开放经济的人士将面临更大阻力。

即便IMF决定将人民币纳入储备货币篮子,也不确定中国政府会否收回经济自由化改革的承诺。随着中国经济进一步放缓,中国政府最近决定放慢金融市场开放的步伐,因他们担心开放金融市场可能会加剧资本外流。

不过,渣打集团(Standard Chartered)估计,人民币的新地位可能在未来五年导致每年有1%的储备货币转换为人民币计价资产,总规模约为1万亿美元。这大致相当于央行储备货币的9%,与份额达65%的美元相比,这只是很少的一部分。

Wednesday, November 18, 2015

VGO MGO



VGO - voluntary general offer  ​自願全面獻購​
 


MGO  (mandotary general offer) - 33%  
強制性全面獻購條例

 

50% +1 share level (
无条件收购)



Compulsory acquisition
​ (
90%強制性全購門檻
​)​

Thursday, November 12, 2015

Learning Lesson - Conditional Takeover Offer (CTO)

Learning Lesson - Conditional Takeover Offer (CTO)


StemLife Bhd ( Valuation: 0.00, Fundamental: 1.95) has received a conditional takeover offer from its largest shareholder Cordlife Group Ltd ( Valuation: 1.50, Fundamental: 1.70) for 45 sen cash per share for the remainder stake the latter does not own; the offer is 2.5 sen or 5.88% higher than StemLife's closing price of 42.5 sen on the open market today.
StemLife's board announced via Bursa today that it will hold a board meeting to deliberate on the offer and make an announcement in due course.
In the attached offer document, adviser Maybank Investment Bank Bhd (Maybank IB) said the takeover offer is conditional upon the Singapore-listed cord blood bank getting more than 50% of voting shares or voting rights of StemLife in 21 days after the posting of the offer document today.
If Cordlife secures a 75% stake or more in StemLife, it does not intend to maintain StemLife's listing status and "does not intend to address any shortfall to meet the public spread requirement".
Cordlife triggered the mandatory general offer today after increasing its shareholding in StemLife to 33.03% today from 31.81% previously, in an off-market deal for 45 sen per share or RM1.35 million in total, said Maybank IB.








Wednesday, November 11, 2015

Foreign and Local futures market:


Famous and active foreign futures markets:

(contra spec and margin requirement etc info are inside the links)


1. Mini Dow (USA futures) : http://i168-investment.blogspot.my/2015/11/futures-mini-dow_11.html



2. Simsci (Singapore futures)  : http://i168-investment.blogspot.my/2015/11/futures-sgx-simsci.html



3. A50 (China futures) : http://i168-investment.blogspot.my/2015/11/futures-china-a50-sgx.html



4. Mini HSI: http://i168-investment.blogspot.my/2016/01/mini-hang-seng-index.html


5. Oil: http://i168-investment.blogspot.my/2016/01/foriegn-futures-oils.html


6. Gold and E-Micro Gold: http://i168-investment.blogspot.com/2018/10/gold-and-micro-gold_4.html



7. German Dax = http://i168-investment.blogspot.com/2016/07/futures-dax-futures.html

8. FKLI FCPO  = https://i168-investment.blogspot.com/2018/07/learning-futures.html






Futures : China A50 (SGX exchange)

Futures : China A50 ( SGX exchange )

Inside GTS AYERS =>    SGX     >> CHINA A50

Contract spec as below .  Please Refer to SGX website.

Quick View:  Min price fluctuation: 2.5 index point = S$2.50

Margin Requirement: USD800 / about Rm3300 -> Rm3400 ( USDMYR forex RM4.15 round up. )

Margin Req may vary time to time. Subject to Exchange adjustment to lower or higher.

Brokerage: usd5 per lot per side (online self key-in Via GTS AYERS )

Reference Link: 
http://www.sgx.com/wps/wcm/connect/0cf80094-4b24-4a4d-ad3b-3d2adc9fd78d/SGX%2BChina%2BA50%2BFactsheet_Eng_Apr%2B2013_FA_WOcropmark.pdf?MOD=AJPERES&CONVERT_TO=url&CACHEID=0cf80094-4b24-4a4d-ad3b-3d2adc9fd78d



ANNOUNCEMENT= 
THIS PAGE MERELY FOR QUICK REFERENCE ONLY.
INFO MAY CHANGE FROM TIME TO TIME.
THIS PAGES INFO IS NOT FINAL , AS IT SUBJECTED TO CHANGES FROM TIME
TO TIME


LAST Updated = 4/10/2018


Futures: SGX Simsci

Ticker Symbol: SGP

Min price fluctuation: 0.05 index point = S$5

Margin Requirement: SGD1540 / about Rm4800 (subject to forex exchange rate)

Brokerage: SGD 12 per lot per side   (self online key in)

Chart:  http://www.investing.com/indices/singapore-msci-futures

Reference link: http://www.sgx.com/wps/portal/sgxweb/home/products/derivatives/equity/sgx_simsci/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3gjR0cTDwNnA0t_AzMjA09Dz-CQADcvQ08Lc6B8JE55o2BDknS7uxu6GXiGhoS5OIZ5Gbt6mRHQ7aUflZ6TnwR0pZ9Hfm6qfkFuaESlo6IiAJdzKbw!/dl3/d3/L0lDU0lKSWdra0EhIS9JTlJBQUlpQ2dBek15cUEhL1lCSlAxTkMxTktfMjd3ISEvN18yQUE0SDBDMDk4Mkc3MEkxNlFDMVRDM09FMA!!/?WCM_PORTLET=PC_Z7_2AA4H0C0982G70I16QC1TC3OE0017268_WCM&WCM_GLOBAL_CONTEXT=/wps/wcm/connect/sgx_en/home/products/derivatives/equity/sgx_simsci/specifications




Sample:







Futures: Mini Dow

Mini Dow

Product Code: CME GLOBEX : YM


Min price fluctuation:   1.00  index points=$5.00

Margin requirement: USD 4290   (subject to changes from time to time)


Brokerage: USD12 per lot per side (self online key in)

(ask me for detail on the brokerage)

Reference link: http://www.cmegroup.com/trading/equity-index/us-index/e-mini-dow_contract_specifications.html





Tuesday, November 10, 2015

Warrant - calculating the value and formula

Calculate warant premium. 

Premium = ((Current Warrant price + Exercise price)/ mother share price - 1)*100%

e.g 1 - Hevea-WB
Closing price on 28/8/2015.
Hevea-WB = 0.695, Mother share (Hevea) = 0.94
Exercise price = 0.25, Expiration date = 1/3/2020

Premium = ((0.695+0.25)/0.94-1)*100% = 0.53%

Expiration date is > 1 year, premium = 10% is acceptable according to current KLSE quotation (practical approach).
Hence buying Hevea-WB at 0.695 is considered to be a good buy (0.53% premium). 
Hevea-WB should be 0.78 if it is trading at 10% premium. Any price < 0.78 is considered as a good buy.

e.g 2 - FBMKLCI-C4
Closing price on 28/8/2015.
FBMKLCI-C4 = 0.12, Mother share (FBMKLCI) = 1,613, Conversion ratio = 667:1
Exercise price = 1,700, Expiration date = 30/9/2016

We need to convert the price of warrant (FBMKLCI-C4) at 0.12 to Index point.
1.00 = 667 point ( conversion ratio)
The price of FBMKLCI-C4 is at 0.12, 
Hence FBMKLCI-C4 = 0.12*667 = 80 index point

Premium = ((80 + 1,700)/1,613-1)*100% = 10.4%

Expiration date is = 13 months, premium at 10.4% is acceptable according to current KLSE quotation (practical approach).
Hence buying FBMKLCI-C4 at 0.12 is considered to be acceptable (10.4% premium). 
Premium/month = 10.4%/13 = 0.8%.

Note
  • If expiration date is < 1 year, premium paid should be < 10%. Please take note.
  • I do not like to buy warrant if expiry date is < 3 months. It is my rule.
I hope all clients can make full use of this example to improve your knowledge and skill. You must practise a few times in order to be good.

Thank you.


Thursday, October 29, 2015

RHB FUTURES trading platform - TCPRO



Futures software: System called TCPRO (N2N is the company name)

A) Program(apps)
http://www.osk188.com/pages.jsp?name=futures-trading-platform




B) web base (google chrome)
https://futures.rhbinvest.com/gcRHBFV/web/html/cliLoginLite.html


C) Mobile Smartphone:
Go STORE (or APPS STORE): search "RHB FUTURES" and download it




Installation Guide:  https://www.rhbtradesmart.com/uploads/downloads/n2n-installation.pdf

Wednesday, October 28, 2015

TradeSmart (brower base) - Global Trading for Singapore , HK and USA market

1. Log in www.rhbtradesmart.com

TradeSmart - Global Trading for Singapore , HK and USA market

Click on the chart below to enlarge the pic for detail



Pic above: by GOOGLE CHROME




2. Log in via RHB TradeSmart Platform : Desktop App:
( Link:   https://www.rhbtradesmart.com/tradesmart-desktop-app.html  )

Pic above:  TradeSmart Desktop Apps - MMTH for Global Trading
to trade Singapore , HongKong and USA markets.





Pic above:  New window pop up for HK market (example)


Monday, October 26, 2015

TradeSmart (web base with google chrome) - create and view 4charts


TradeSmart (web base with google chrome) - create and view 4charts

You can do this blick click on the UPPER right corner a SQUARE box and chose "2x2"

Click on below pic to enlarge it for better view

Thanks






Thursday, October 22, 2015

Trade Smart - Desktop Apps open multiple charts

Trade Smart - Desktop Apps can open multiple charts

To setup, please folow below step:

1. Click +TAB for CREATE TAB

2. Click on Widget and select TECHINICAL CHART
(example: if u want 3chars. Click 3 times on "TECHNICAL CHART)

3. Then in the box select  BME > STOCK and put STOCK (stock code or name)

Click on chart below to ENLARGE to see the pic.






Wednesday, October 21, 2015

Trade Smart - FPX


Trade Smart - FPX

⇒ Easy and Convenient
⇒ Safe and Secure via FPX Services
⇒ Hassle free online trading
⇒ Transfer up to RM30,000
⇒ Earn interest on your Trust Account up to 2.55%
⇒ 70sen per transfer

Please click on the pic below to enlarge the picture.













Tuesday, October 20, 2015

TradeSmart - Indicator

Below is the way to click for Indicator in TradeSmart ' Chart :
(click on the pic for bigger view)





Monday, October 12, 2015

FKLI - Knowledge Lesson 2

FKLI - Knowledge Lesson 2:  TradeSmart to view futures market 

Use Google Chrome Browser:  URL:  

www.rhbtradesmart.com












MAIN PAGE
http://i168-investment.blogspot.my/2016/09/guide-for-you.html




Wednesday, October 7, 2015

TradeSmart (using Google Chorme web version) -Portfolio

TradeSmart (using Google Chorme web version)  -Portfolio

- You can see:  Position, Cash, and CDS share and etc inside PORTFOILIO button


Tuesday, October 6, 2015

TradeSmart (desktop apps) - CMS : Client Management System


You can see :


  1. CDS share, 
  2. Cash, 
  3. Share position , 
  4. Limit 
  5. Account info 


CLICK the pic enlarge to see the detail
It is inside CMS tab




Sunday, October 4, 2015

TradeSmart - new rhbib equitites trading platform


New RHBIB  Platform:




Updated: 18/10/2016

Equities:

Sign up here: https://www.rhbtradesmart.com/prt/signup.xhtml



(A)
Desktop apps download here:  https://www.rhbtradesmart.com/tradesmart-desktop-app.html



(B)
Google CHROME: Webbase go here: http://www.rhbtradesmart.com/



(C)
Mobile apps download LEARN here:  go "STORE" in your handphone and download "RHB TRADE SMART"



Anything call me : MARS: 0103663298



Saturday, October 3, 2015

Tuesday, September 15, 2015

FKLI - Knowledge Lesson 4 : Futures Smartphone Apps - How to key in STOP order

FKLI - Knowledge Lesson 4 :   Futures Smartphone Apps - How to key in STOP order


Legend on ORDER TYPE: STOP and STOP LIMIT (for cutloss prevent overloss)


STOP order: Will cut loss for your position (match at ANY price)

STOP LIMIT:  from 2100-2108 . System will only match your order with the specified Range (2100-2108)


Protection: MAX loss 20pts

Open position = Holding LONG 2100
SELL STOP  Trigger Price =  2080
Contract (lot) = 1
Order Type = STOP 
Validity = DAY (1day)
Click "SELL" after chosen "STOP"

Protection : MAX loss 30pts

Open position = Holding SHORT 2150
BUY STOP Limit: Trigger Price =  2180-2190
Contract (lot) = 1
Order Type = STOP LIMIT 
Validity = DAY (1day)
Click "BUY" after chosen "STOP LIMIT"


Example:


Example:



FKLI - Knowledge Lesson 3: Futures Smartphone Apps - How to key in Buy/Sell


FKLI - Knowledge Lesson 3: Futures Smartphone Apps - How to key in Buy/Sell



Legend on ORDER TYPE:

LIMIT = At the Specific Price only

GTC = GOOD TILL CANCEL (it)

GTD = GOOD TILL DATE(then chose a date in DATE box)


Open position =  LONG(BUY)
Price =  2100
Contract (lot) = 1
Order Type = LIMIT
Validity = DAY (1day)
Last click BUY(Long)

Open position =  Sell (Short)
Price =  2220
Contract (lot) = 1
Order Type = LIMIT
Validity = GTD ( till 27/9/2015)
Last click = Sell (Short)

Example:


Example:



Legend:

GTC = GOOD TILL CANCEL (it)

GTD = GOOD TILL DATE(then chose a date in DATE box)




MAIN PAGE

Thursday, September 10, 2015

How to save indicator in 188OMS program

How to save indicator in 188OMS program


 It is depend on which version of Window you using and to save 188OMS chart template in your PC, kindly follow steps below: Here are the solutions: For Windows 8, please ensure folder permission is set to “Full Control” for each group or user names. 1. Go to C drive, program files, right click on 188OMS folder 2. Select Properties 3. Click on Security tab 4. Ensure EACH group or user names is granted 'Full Control'. Select each group and tick on ‘Full control’ > ‘Allow’ box. Then click OK.

Thursday, September 3, 2015

Foreign futures

Foregin Futures Trading

Now you can trade oversea futures with RHBIB

Step 1: Open 1 futures ac (whatssps for enquiry 0103663298)

Step 2:
System 1: AYERS GTS.
System 2: Global Jtrader (software)  . Refer Apendix 1 for Screenshot of the price quote.

Step 3: Deposit Margin requirement and you can start trading

Brokerage: Depend on which market : SGD12,  USD12,  HKD50




Example of margin as below (subject to changes from time to time by the respective Exchange)

Local
Product

Effective Date
Initial Margin
Maintenance Margin
Spread Margin
Spot Month Margin
FKLI

25/02/15
RM 4,000
RM 4,000
RM 350

FCPO

25/02/15
RM 4,500
RM 4,500
RM 800
RM 4,750
FPKO

25/02/15
RM 4,500
RM 4,500
RM 800
RM 4,750
FKB3

06/09/11
RM 1,000
RM 1,000
RM 250

FMG3

8/02/11
RM 500
RM 500
RM 250

FMG5

8/02/11
RM 600
RM 600
RM 250

FUPO

16/02/15
USD 2,000
USD 2,000
USD 450

FGLD
25/02/15
RM 800
RM 800
RM 250

FPOL
04/08/14
USD 1,300
USD 1,300
USD 400
USD 1,400




















Foreign
Exchange

Product
Effective Date
Initial Margin
Maintenance Margin
HKEX
             
HSI – HANG SENG

03/08/15
HKD 118,600
HKD 94,900
HKEX

MHI – MINI HANG SENG

03/08/15
HKD 23,720
HKD 18,980
HKEX

HHI – H-SHARE

03/08/15
HKD 69,550
HKD 55,650
HKEX
MCH – MINI H-SHARE
03/08/15
HKD 13,910
HKD 11,130
SGX
IN – S&P CNX Nifty
03/08/15
USD 660
USD 600
SGX

SG- MSCI

24/08/15
SGD 2,530
SGD 2,300
SGX

NK-NIKKEI 225

17/08/15
JPY 330,000
JPY 300,000
SGX

TW-MCSI TAIWAN

24/08/15
USD 1,430
USD 1,300
SGX
CN-FTSE CHINA A50
17/08/15
USD1,760
USD 1,600
TOCOM
81 - RUBBER
17/08/15
JPY 35,000
JPY 35,000
TOCOM
JGA-GOLD
17/08/15
JPY 96,000
JPY 96,000
CBOT

YM-E MINI DOW ($5)

01/08/14
USD 4,290
USD 3,900



















CBOT
ZM- SOYBEAN MEAL FUTURES
02/07/15
USD 2,420
USD 2,200
CBOT

ZS-SOYBEAN

06/07/15
USD 2,530
USD 2,300
CBOT

ZL-SOYBEAN  OIL

03/12/14
USD 880
USD 800
CBOT

ZC - CORN FUTURES
02/07/15
USD 1,375
USD 1,250
CBOT

ZW - WHEAT FUTURES
02/07/15
USD 1,925
USD 1,750
CBOT
ZT - 2 years US Treasury Note
16/02/15
USD 715
USD 650
CBOT
ZF - 5 years US Treasury Note
16/02/15
USD 990
USD 900
CBOT
ZN - 10 years US Treasury Note
21/01/15
USD 1,485
USD 1,350
CBOT
ZB - 30 years US Treasury Bond
24/03/15
USD 3,740
USD 3,400
CME
NQ – E-MINI NASDAQ 100
03/11/14
USD 3,960
USD 3,600
CME
GE - Eurodollar
23/09/14
USD 715
USD 650
CME
ES – E-MINI S&P 500
18/08/14
USD 5,060
USD 4,600
COMEX

GC – GOLD

26/05/15
USD 4,125
USD 3,750
COMEX

SI – SILVER

26/05/15
USD 7,700
USD 7,000
COMEX

HG – COPPER FUTURES
20/04/15
USD 3,410
USD 3,100
NYMEX

CL-L.S CRUDE OIL

09/07/15
USD 5,060
USD 4,600
NYMEX
QM – E-MINI CRUDE OIL
09/07/15
USD 2,530
USD 2,300
NYMEX
NG - Natural Gas
04/05/15
USD 2,200
USD 2,000
NYMEX
RB - RBOB Gasoline
09/07/15
USD 5,830
USD 5,300
NYMEX
HO - Heating Oil
09/07/15
USD 5,940
USD 5,400
NYMEX
Pl – PLATINUM FUTURES
20/04/15
USD 2,090
USD 1,900
EUREX
FESX - Euro Stoxx 50
20/08/15
EUR 2,575
EUR 2,575
EUREX
FDAX - DAX
20/08/15
EUR 20,037.50
EUR 20,037.50
EUREX
FGBL - Euro Bund
20/08/15
EUR 2,250
EUR 2,250
EUREX
FGBM - Euro Bobl
12/08/15
EUR 1,075
EUR 1,075
LIFFE/ICE
Z - FTSE 100
09/07/15
GBP 3,071
GBP 3,071
LIFFE/ICE
C - Cocoa
23/07/15
GBP 1,010
GBP 1,010
LIFFE/ICE
W - White Sugar
23/07/15
USD 1,044
USD 1,044
ICE
B - Brent Crude Oil
21/08/15
USD 4,200
USD 4,200
NYBOT
CC- COCOA
03/07/15
USD 1,012
USD 920