Singapore Exchange Reports Solid Volumes in November 2016

SGX’s daily average value of trading during November 2016 was reported at S$1.3 billion ($912 million).

The Singapore Exchange (SGX) has reported its monthly volumes across its derivatives and commodities activities for November 2016, which saw positive flows across various segments, ultimately paring the last ‎month’s drop at the exchange venue.

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Securities turnover at SGX during November 2016 moved higher to S$29.3 billion ($20.57 billion), up 49 percent MoM from S$19.6 billion ($14.1 billion) in October 2016 – when compared against a yearly time interval, the latest figures in November 2016 were also higher, a 51 percent YoY ascension from November 2015.

In addition, the SGX’s daily average value of trading during November 2016 was reported at S$1.3 billion ($912 million), a climb of 43 percent MoM from S$934.0 million ($673.2 million) in October 2016.

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The SGX’s total market capitalization also came in at S$923.3 billion ($648.31 billion) in November 2016, inching higher by 1.2 percent MoM from S$912.1 billion ($657.4 billion) in October 2016 – this included the total market cap for all 771 listed companies on the SGX.

In terms of the SGX’s derivatives business, November 2016’s volumes printed a similar picture, jumping to 16.6 million contracts, snapping what had been a multi-month drop reported in the prior month. This compared with last month’s 11.5 million contract figure, or 43 percent MoM. The figure also reflected a notable advance compared to last year and was 22.0 percent higher YoY from November 2015.

Equity index futures volume at the SGX was also noticeably better, climbing to 12.8 million contracts in November 2016, up 36 percent MoM from just 9.4 million contracts in October 2016, and was also higher 10.0 percent YoY from November 2015.

As is typically the case at the SGX, the FTSE China A50 futures were by far the most active contract traded on the exchange during November 2016, which reported a total volume of 6.4 million, up 53 percent MoM from 4.2 million in October 2016.

Finally, the SGX’s total foreign exchange (FX) futures volume was 701,870 contracts, which amounts to a 41 percent increase MoM from 499,028 in October 2016, and also constitutes a jump of 51 percent year-on-year.

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