SGX - Singapore Exchange Ltd

SGX derivatives and OTC clearing volumes increase in October

Press Release   •   Nov 02, 2011 14:58 SGT

Singapore Exchange (SGX) said derivatives and commodities activity rose while securities trading fell in October from a year earlier.

Securities

  • Turnover fell 38% year on year to $28 billion as global uncertainties continued to curb investor appetite. Securities daily average value was $1.4 billion, down 35% from a year earlier.
  • ETF turnover fell 42% to $557 million but structured warrants trading rose 61% to $812 million.

Derivatives

  • Total volume increased 11% year on year to 5.9 million contracts; derivatives daily average volume was 304,088 contracts, up 17%.
  • Nifty futures volume was 19% higher from a year earlier at 1.2 million contracts. MSCI Singapore futures volume was 30% up at 412,671 contracts. China A50 futures trading more than doubled year on year to 305,667 contracts.

Commodities and Clearing

  • Commodity futures volume increased 2% year on year to 21,906 contracts.
  • Volume of OTC commodity contracts cleared rose 45% from a year earlier to 26,037 contracts; volume of Iron Ore Swaps cleared totalled 15,380 contracts, five times that of a year earlier.
  • Clearing of OTC Interest Rate Swaps continued to grow with a notional $11.4 billion cleared in October, bringing the cumulative amount cleared since launch to $180 billion notional.

Singapore Exchange (SGX) is among the world's largest exchanges and Asia's second largest listed exchange. As the Asian gateway, SGX is the market of choice for investors wanting to participate in Asia's vibrant and rapidly growing economies, and for Asian issuers seeking international capital.