20070615 1103. The JADE CPO futures after 1 hour of 'trading' shows jilo volume. They launch the contract without liquidity providers, like Bursamalaysia which has a valuable asset, its Local Participants, who make the market for the CPO futures. Bursa should cherish and maintain this valuable resource to maintain their market position. JADE think they can launch contracts in a vacuum, without Locals, the rebates and scratch trade concessions. At this stage, how they rue their decision.