We hope to increase it to more than 60 percent and the increase in listing fees will certainly help us do that.
Crude palm oil (CPO) futures have remained strong on Bursa Malaysia Derivatives for the past 25 years and will continue to be the world's largest derivatives exchange dealing in palm oil contracts.
We've done an independent survey together with SGX to try to ascertain the level of interest. The survey results have been quite positive.
Hopefully this velocity will sustain. We are seeing more merger and acquisition activities, which are creating interest.
If we don't do something about it, more and more of our stocks are going to be dropping off from the index.
I think the local authority needs to be comfortable. It is something that can be abused if we don't do it properly.
Trading volume was far from what we wanted. Velocity was very low, at about 25 per cent (for the whole of 2005).
As petrol prices increase, the global demand for more sustainable energy sources will also rise. Malaysia is the world's largest palm oil producers and palm oil is the world's most traded vegetable oil.
