Singapore Exchange’s (SGX) derivatives daily average volume
reached an all-time high in March, while securities and clearing activities
grew from a year earlier, the exchange said on Tuesday.
For the securities market, turnover rose 22 per cent year-on-year to
S$37.2 billion, with a securities daily average volume of S$1.6 billion.
ETF trading more than doubled to S$1.08 billion from a year earlier.
SGX said its volume for the derivatives market was 8.5 million
contracts, up 79 per cent from the previous year. The daily average
volume was a record-high 381,451 contracts, 19 per cent higher than
the previous peak of 320,022 in October 2008.
Nikkei 225 Index futures volume more than doubled year-on-year to
4.9 million contracts, while S&P CNX Nifty futures volume increased
68 per cent to 1.2 million contracts. FTSE A50 futures continued to be
active with 203,586 contracts traded and open interest of 37,353.
LME-SGX metal futures trading increased in March, with a total
volume of 38,922 contracts.
Clearing of Iron Ore Swaps rose 54 per cent to 4,257 contracts from
a year earlier.
Clearing of OTC financial derivatives continued to gain momentum
with a notional US$12.7 billion of interest rate swaps cleared in