Published On: Thu, Sep 5th, 2013

SGX Derivatives Volumes Continue to Grow in August

Magnus Bocker CEO of SGX

Magnus Bocker CEO of SGX

Singapore Exchange (SGX) on 4th September said its derivatives volumes in August increased from a year earlier.

Securities
• Total securities turnover was S$27.3 billion, down 8% year on year. However securities daily average value (SDAV) was down 4% to S$1.4 billion due to one less trading day in August 2013 compared to a year earlier.
• Catalist turnover increased nearly 5 times year-on-year to S$1.4 billion.
• Funds raised from bond listings decreased 52% year-on-year to S$5.5 billion. The biggest bond listed was a US$1 billion bond issue by Baidu.

Derivatives
• Total futures and options volume increased 32% year-on-year to 8.6 million contracts.
• Year-on-year, China A50 Index Futures volume more than doubled to 1.8 million contracts and MSCI Taiwan Index Futures trading was up 13% to 1.6 million contracts. Nifty Index Futures volume was up 34% to 1.6 million contracts and reached a record daily average volume of 80,119 contracts. Nikkei 225 Index Futures volume was up 6% from a year earlier to 2.2 million contracts. MSCI Indonesia Index Futures volume increased nearly 9 times to a record 46,707 contracts and achieved a record daily average volume of 2,747 contracts.
• Month-end open interest was up 45% year-on-year to 3.5 million contracts.
• SICOM rubber futures volume was 29,261 contracts, up 46% from a year earlier.

OTC Clearing
• A total S$6.5 billion notional of new OTC financial derivatives transactions were cleared, down 19% from a year earlier.
• Volume of OTC commodities cleared increased 29% year-on-year to 49,667 contracts.
• Volume of iron ore swaps cleared increased 53% year-on-year to 45,610 contracts.

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