Local Participants entry liberalised.... but read the fine print....

"Local Participants can trade with their own funds and are not permitted to conduct trades on behalf of Clients. They will enjoy exchange and clearing fees rebate if they trade 1,000 contracts per month or more. Local Participants are registered with Bursa Malaysia Derivatives (BMD) and can trade in all BMD's products.?

If you don't trade 1,000 contracts per month, you WILL NOT enjoy the trading fee and scratch fee benefits, and any profits will be subject to income tax.(albeit at 50% exemption for the next 5 years), ie you are screwed. So, it is only for those who want to slave away and churn out volume every day..... So basically if you are a beginner and small trader, the exchange does not encourage you. They give 3 months 'promotion' though, to enjoy the fee discounts even if 1k not traded.

As John K puts it:

"You might as well trade as a retail client, no scratch trades but you do not pay income tax anyway"