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SGX derivatives volume grows in April

May 4, 2011 at 1:48 pm

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Singapore Exchange (SGX) saw increased volumes on its derivatives market in April, with daily average volume up 12% from a year earlier at 252,401 contracts. Total volume, meanwhile rose 3% to 4.9 million contracts.

Nifty futures trading increased 37% from a year earlier to 1.1 million contracts while FTSE China A50 futures volume was 193,884 contracts in April.

SGX's Securities daily average value meanwhile shrank 4% year on year to SGD1.6bn due to continued market uncertainties, with total securities turnover down 8% at SGD32.3bn. Exchange traded fund turnover however, grew 43% year on year to SGD696 million.

Clearing of OTC interest rate swaps continued to grow with April volume at a notional USD33.6 billion and cumulative volume since the November 2010 launch at a notional USD70.5 billion.