SGX Reports October 2015 Volumes, FX Futures Secure Healthy Growth

Monthly turnover at the SGX during October 2015 came in at $23.1 billion, up 2.7% MoM from $22.5 billion in

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

In terms of securities, the turnover at the SGX during October 2015 came in at $23.1 billion, up 2.7% MoM from $22.5 billion in September 2015 – across a yearly timeframe, the October 2015’s figure is also 6.0% higher YoY from October 2014. Furthermore, the daily average value of trading was reported at $1.0 billion in October 2015, representing a decline of -9.0% MoM from $1.0 million in September 2015.

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The SGX’s total market capitalization was also $930.6 billion in October 2015, up 6.2% MoM from just $876 billion in September 2015 – this included the total market cap for all 769 listed companies on the SGX.

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Derivatives Volumes Fall for Second Consecutive Month

Across its derivatives business, October’s 2015 volumes also yielded a monthly decline, its second such consecutive declining performance. October 2015 saw just 11.3 million contracts traded, incurring a -19.9% drop MoM from 14.1 million contracts in September 2015. This performance was slightly stronger when compared with 2014, as volumes fell only 6.0% YoY from October 2014.

In terms of equity index futures volume at the SGX, October 2015 saw 9.7 million contracts traded, constituting a stark retreat of -19.8% MoM from 12.1 million contracts in September 2015, and unchanged YoY from October 2014.

The FTSE China A50 futures were by far the most active contract traded on the SGX during October 2015, which reported a total volume of 4.6 million in October 2015, down -20.7% MoM from 5.8 million in September 2015. Finally, the SGX’s total FX Futures volume was 475,887, which correlates to a tepid increase of 2.2% MoM from 465,665 in September 2015.

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