SGX Reports September 2015 Volumes, Derivatives Volumes in Retreat

The Singapore Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (SGX) has reported its volumes across its derivatives and commodities activities for the month ending September 2015, according to a SGX statement.

In terms of securities, the turnover at the SGX for September 2015 came in at $22.5 billion, which is higher by 7.0% YoY from September 2014 and -19.9% MoM from $28.1 billion in August 2015. Additionally, the daily average value of trading was $1.1 billion in September 2015, up 18.0% YoY from September 2014 and down -26.7% MoM from $1.5 billion in August 2015.

The SGX’s total market capitalization was $876 billion in September 2015, down -2.6% MoM from $899 billion in August 2015.

Derivatives Volume Falls MoM

Across its derivatives business, September 2015 volumes yielded 14.1 million contracts, which is good for an 33.0% growth YoY from September 2014 – across a monthly timeframe, contracts were down -17.0% MoM from 17.0 million in August 2015. Moreover, equity index futures volume came in at 12.1 million contracts in September 2015, up over 25.0% YoY from September 2014.

In particular, FTSE China A50 futures were by far the most active contract, which reported a total volume of 5.8 million in September 2015, up 49.0% YoY from September 2014. Finally, the SGX’s total FX Futures volume was 465,665, up 362% from 100,866 in September 2014.