SGX Reports June 2015 Volumes, Derivatives Continue to Outperform

Derivatives trading on the SGX has refused to cool down, another triple-digit-growth performance YoY from June 2014.

The Singapore Exchange (SGX) has reported its volumes across its derivatives and commodities activities for the month ending June 2015, according to a SGX statement.

Last month, securities turnover at the SGX during May 2015 came in at $23.0 billion, which was lower by -2.0% YoY from May 2014 and -13.0% MoM from April 2015. Generally the metrics report showed staunch derivatives growth, despite an uneven performance overall.

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For the month ending June 2015, SGX reported securities trading value of $25 billion, which marked an 8.7% MoM growth from $23 billion in May 2015. Across a yearly timeframe, the value soared 20% YoY from June 2014. In particular, the average daily value of securities trading was $1.2 billion. A notable performer during the month was also exchange-traded funds (ETFs), which jumped to $237 million.

In terms of derivatives, SGX saw a volume of 22 million contracts during June 2015, up a staggering 152% YoY from June 2014 and 42.3% higher MoM from 15.4 million contracts in May 2015. Moreover, the average daily volume during June 2015 notched 1 million contracts, rising by 144% YoY from June 2014 and 31% higher MoM from May 2015.

FX futures volume also jumped to 303,437 contracts in June 2015, rising from just 13,767 contracts in June 2014 – the figure also experienced a steadfast growth of 13% MoM from May 2015. By far the most active contract on the SGX was the INR/USD.

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