SGX - Singapore Exchange Ltd

SGX securities, derivatives and commodities activities increase in July

News   •   Aug 06, 2015 19:37 +08

Singapore Exchange (SGX) reported an increase in securities, derivatives and commodities activities in July from a year earlier.

Securities

  • Total turnover was $24.2 billion, down 2% month on month but up 15% year on year.
  • Daily average traded value was $1.1 billion, down 7% month on month but up 15% year on year. There were 22 trading days in July, compared to 21 in June.
  • ETF trading increased 8% month on month and 24% year on year to $256 million.
  • Trading of STI stocks represented 66% of total trading compared to 53% a year earlier.
  • A total of 50 new bonds were listed during July, raising $23.6 billion, up 93% month on month and 12% year on year. A total of 88% of these were issued by foreign issuers.
  • Catalist welcomed 3 new companies to the board, raising $47 million, bringing the total number of Catalist listed companies to 162 and total number of listed securities to 770.
  • Total market value was $969 billion.

Derivatives

  • Derivatives volume of 21.5 million contracts was down 1% month on month but up 141% over the year.
  • Equity index futures volume was flat month on month at 19.7 million contracts, and up 142% over the year.
  • FTSE China A50 Index futures remained the most active contract with volume of 14.1 million, up 1% from June and up 348% from a year earlier.
  • FX futures volume grew 16% over the month in July to 352,512 contracts, up 722% over the year.
  • Growth in the SGX INR/USD futures led this growth, with volume up 14% month on month and 721% year on year to a record 327,557 contracts.
  • Volume of cleared OTC SGD Interest Rate Swaps was $14.0 billion, more than 3 times that of a year earlier, and almost double that of the previous month.

Commodities

  • SGX AsiaClear futures volume rose 55% over the month and 489% over the year to 690,226 contacts.
  • Iron ore futures volume rose 58% month on month to 665,461 contracts, up 506% year on year.
  • Volume of forward freight futures rose 20% over the month to 24,270 contracts; no volume was recorded a year earlier.
  • Volume of SICOM rubber futures, the world’s price benchmark for physical rubber, was down 12% month on month and up 42% year on year at 54,911 contracts.