Singapore Exchange (SGX) today said derivatives and commodities trading grew in July from a
year earlier. Securities turnover was lower year-on-year though it was up from June.
Securities
- Securities turnover fell 9% year-on-year to S$26.5 billion. Securities daily average value was 14% down at S$1.2 billion. Compared with June, daily average value was up 19%.
- Catalist turnover increased 31% year-on-year to S$614 million while ETF trading fell 58% to S$343 million.
- The securities borrowing and lending programme saw a 37% growth year-on-year in daily average outstanding loans to S$26.6 million.
- A total 36 bond listings raised $23.0 billion, up 74% from a year earlier.
Derivatives
- Derivatives volume was up 12% year-on-year at 5.8 million contracts while daily average volume grew 7% to 270,798 contracts.
- China A50 futures trading tripled to 700,071 contracts from a year earlier while Nikkei 225 futures volume grew 7% to 1.9 million contracts. MSCI Taiwan futures volume was up 4% at 1.4
million contracts but Nifty futures trading fell 8% to 1.1 million contracts. - Volume of the new MSCI Indonesia futures totalled 15,698 contracts since its June start.
- End-July equity index futures open interest was 7% higher from a year earlier at 818,563 contracts
Commodities
- SICOM rubber futures volume grew 12% year-on-year to 23,938 contracts.
- AsiaClear cleared 30,615 contracts, up 56% from a year earlier.
- Volume of OTC iron ore swaps cleared more than doubled from a year earlier to a record- high 20,961 contracts, representing 10.5 million tonnes of iron ore.
OTC Clearing
- OTC interest rate swaps cleared totalled a notional S$282 billion since the November 2010 launch with volume of new trades cleared in July at S$7 billion, down 17% year-on-year.