Singapore Derivatives Volumes up 7% June 2012

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) announced that derivatives, commodities and Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term activities grew in June from a year earlier while securities turnover was lower.

Securities - In June, securities turnover fell 25% year-on-year and 18% month-on-month to S$21.2 billion; securities daily average value declined 21% year-on-year and 14% month-on-month to S$1.0 billion.

- June ETF turnover was 56% lower year-on-year at S$350 million while GlobalQuote activity was down 17% to S$97 million. - For the financial year to end-June (FY2012), SDAV was S$1.3 billion, down 19% from a year earlier.

- In FY2012, ETF turnover fell 23% to S$7.3 billion while GlobalQuote trading declined 73% to S$1.4 billion. Derivatives - Derivatives volume was up 7% year-on-year at 6.6 million contracts in June; derivatives daily average volume grew 12% to 314,055 contracts.

- In June, China A50 futures trading doubled year-on-year to 669,752 contracts and Nikkei 225 futures volume was up 9% at 2.6 million contracts. MSCI Taiwan futures activity fell 13% to 1.4 million contracts while Nifty futures trading fell 8% to 1.2 million contracts. Nikkei 225 options volume grew 73% to 252,340 contracts. - In FY2012, derivatives daily average volume grew 15% to 307,991 contracts.

- In FY2012, China A50 futures volume more than tripled to 5.6 million contracts while Nikkei 225 futures trading slid 1.3% to 28.9 million contracts. MSCI Taiwan futures activity grew 12% to 17.8 million contracts and Nifty futures trading increased 19% to 15.0 million contracts. - Total open interest for all our equity index and interest-rate futures, and equity index option contracts was up 33% as at the end of FY2012.

Fixed Income - Bond listings totalled S$11 billion in June, up 47% from a year earlier.

Commodities - SICOM rubber futures volume grew 38% year-on-year and 20% month-on-month in June to 28,859 contracts. - SGX AsiaClear cleared 21,347 commodity contracts in June, up 90% year-on-year but down 13% from May. - In FY2012, SICOM rubber futures trading rose 27% to 259,928 contracts while clearing volume for commodity contracts grew 52%.