Singapore Derivatives Volumes up 7% June 2012

Singapore Exchange (SGX) announced that derivatives, commodities and clearing 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.

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– 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%.