kuala lumpur dec 6 reuters  malaysias derivatives exchange is due to begin night trading for its key palm oil futures contract and other products on monday allowing investors to hedge market movements during us and european hours the bursa malaysia derivatives exchange bmd manages malaysias crude palm oil futures contract which sets the global price benchmark for the worlds cheapest and most widely used edible oil the contract has seen volatile trading in recent sessions swayed by concerns over renewed lockdowns from the omicron coronavirus variant afterhours trading is important for hedging in the highly volatile crude palm oil market samuel ho chief executive officer of bmd said in a statement market participants will now have an avenue to better manage their risk exposure based on realtime global developments ho said the night trading session will operate from 9pm to 1130pm local time monday to thursday