Singapore, Apr 5, 2011 – (ACN Newswire) – Singapore Exchange (SGX) today said its derivatives daily average volume reached an all-time high in March while securities and clearing activities grew from a year earlier.
KEY HIGHLIGHTS
Securities Market
– Turnover rose 22% year on year to $37.2 billion with a securities daily average volume of $1.6 billion.
– ETF trading more than doubled to $1.08 billion from a year earlier.
Derivatives Market
– Volume was 8.5 million contracts, up 79% from the previous year. Daily average volume was a record-high 381,451 contracts, 19% 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% to 1.2 million contracts. FTSE A50 futures continued to be active with 203,586 contracts traded and open interest of 37,353.
Commodities Market
– LME-SGX metal futures trading increased and total volume in March was 38,922 contracts.
Clearing Business
– Clearing of Iron Ore Swaps rose 54% to 4,257 contracts from a year earlier.
– Clearing of OTC financial derivatives continued to gain momentum with a notional US$12.7 billion of interest rate swaps cleared in March.
SGX Monthly Market Statistics March 2011
Feb 2011 March 2011
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Number of Trading Days (securities) 18 23
Securities Market Turnover Volume (mil shares) 24,159 29,119
Securities Market Turnover Value ($million) 31,467 37,180
Securities Daily Average ($million) 1,748 1,617
Derivatives Volume 5,209,256 8,484,045
Derivatives Daily Average Volume 300,495 381,451
Total Number of Listed Securities 784 785
Total Market Capitalistion 859,028 889,388
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AboutSingapore Exchange (SGX)
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.
SGX’s extensive suite of securities, derivatives and commodities products makes it Asia’s most international exchange. SGX’s services range from listings, trading, high-speed market access, clearing and settlement to depository services and Central Counter Party services for OTC traded derivatives. With the region’s longest trading hours, and powered by cutting-edge technology, SGX is the unparalleled conduit for investment flows into and out of Asia. For more information, please visit www.sgx.com
Contact :
Singapore Exchange Carolyn Lim Communications Tel: +65 6236 8139 Email: [email protected] Joan Lew Communications Tel: +65 6236 8658 Email: [email protected]