SE Asia’s most liquid stock and derivatives exchange has published trading metrics for the month of August. Results were mixed with securities seeing a drop YoY however derivatives trading performed better with a 32% increase from 2012.
Leveraged products performed well at the Singapore Exchange (SGX), the international financial market place that offers multi asset trading in indices, commodities, bonds, equities and currency futures. The listed Exchange saw a 32% upsurge in trading activity in its future and options division for the month of August.
The unpredictable state of affairs in India boosted trading activity on the Indian index contract, Nifty Index Futures; trading volumes were up 34%. The SGX offers a range of instruments for markets across the Asia-Pacific region including the; Nikkei 225, Nifty as well as Chinese and Indonesian instruments.
Trading metrics
Securities
• Total securities turnover was S$27.3 billion, down 8% year on year. However, securities daily average value (SDAV) was down 4% to S$1.4 billion due to one less trading day in August 2013 compared to a year earlier.
• Catalist turnover increased nearly 5 times year on year to S$1.4 billion.
• Funds raised from bond listings decreased 52% year on year to S$5.5 billion. The biggest bond listed was a US$1 billion bond issue by Baidu.
Derivatives
• Total futures and options volume increased 32% year on year to 8.6 million contracts.
• Year on year, China A50 Index Futures volume more than doubled to 1.8 million contracts, and MSCI Taiwan Index Futures trading was up 13% to 1.6 million contracts. Nifty Index Futures volume was up 34% to 1.6 million contracts and reached a record daily average volume of 80,119 contracts. Nikkei 225 Index Futures volume was up 6% from a year earlier to 2.2 million contracts. MSCI Indonesia Index Futures volume increased nearly 9 times to a record 46,707 contracts and achieved a record daily average volume of 2,747 contracts.
• Month-end open interest was up 45% year on year to 3.5 million contracts.
• SICOM rubber futures volume was 29,261 contracts, up 46% from a year earlier.
OTC Clearing
• A total S$6.5 billion notional of new OTC financial derivatives transactions were cleared, down 19% from a year earlier.
• Volume of OTC commodities cleared increased 29% year on year to 49,667 contracts.
• Volume of iron ore Swaps cleared increased 53% year on year to 45,610 contracts.
The Singapore Exchange will be launching currency futures in emerging market currency pairs this quarter. The Indian rupee has served well for the CME. SGX is expected to commence with strong operating metrics in the EM currencies. The SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation.
Leveraged products performed well at the Singapore Exchange (SGX), the international financial market place that offers multi asset trading in indices, commodities, bonds, equities and currency futures. The listed Exchange saw a 32% upsurge in trading activity in its future and options division for the month of August.
The unpredictable state of affairs in India boosted trading activity on the Indian index contract, Nifty Index Futures; trading volumes were up 34%. The SGX offers a range of instruments for markets across the Asia-Pacific region including the; Nikkei 225, Nifty as well as Chinese and Indonesian instruments.
Trading metrics
Securities
• Total securities turnover was S$27.3 billion, down 8% year on year. However, securities daily average value (SDAV) was down 4% to S$1.4 billion due to one less trading day in August 2013 compared to a year earlier.
• Catalist turnover increased nearly 5 times year on year to S$1.4 billion.
• Funds raised from bond listings decreased 52% year on year to S$5.5 billion. The biggest bond listed was a US$1 billion bond issue by Baidu.
Derivatives
• Total futures and options volume increased 32% year on year to 8.6 million contracts.
• Year on year, China A50 Index Futures volume more than doubled to 1.8 million contracts, and MSCI Taiwan Index Futures trading was up 13% to 1.6 million contracts. Nifty Index Futures volume was up 34% to 1.6 million contracts and reached a record daily average volume of 80,119 contracts. Nikkei 225 Index Futures volume was up 6% from a year earlier to 2.2 million contracts. MSCI Indonesia Index Futures volume increased nearly 9 times to a record 46,707 contracts and achieved a record daily average volume of 2,747 contracts.
• Month-end open interest was up 45% year on year to 3.5 million contracts.
• SICOM rubber futures volume was 29,261 contracts, up 46% from a year earlier.
OTC Clearing
• A total S$6.5 billion notional of new OTC financial derivatives transactions were cleared, down 19% from a year earlier.
• Volume of OTC commodities cleared increased 29% year on year to 49,667 contracts.
• Volume of iron ore Swaps cleared increased 53% year on year to 45,610 contracts.
The Singapore Exchange will be launching currency futures in emerging market currency pairs this quarter. The Indian rupee has served well for the CME. SGX is expected to commence with strong operating metrics in the EM currencies. The SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation.
FX Volatility Impacts Q1 Revenue of Compagnie Financière Tradition
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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