SGX securities trading highest in 17 months

November 2, 2010 at 12:00 AM EDT
SGX securities trading highest in 17 months

2 November 2010 – Singapore Exchange (SGX) today said its securities daily average value (SDAV) reached a 17-month high in October while the FTSE Xinhua A50 Futures and Nikkei 225 Index Options experienced renewed investor interest. 

KEY HIGHLIGHTS 

Securities Market 

- The securities market was active with total market turnover at $45 billion for October, up 18% from September. October SDAV was $2.1 billion versus $1.8 billion in September, and the highest since May 2009. - Exchange traded fund turnover doubled to $953 million from September. 

Derivatives and Commodities Markets 

- The derivatives market traded an average daily volume of 259,109, up 24% year on year. 

- The FTSE Xinhua ChinaA50 Index futures set its second straight record-high monthly volume with143,061 contracts traded (approximately US$2.97 billion notional) and open interest of 21,102 contracts (approximately US$432 million notional). The contract drew global investors as it is the only offshore futures contract on the China A-share market. 

- The Nikkei 225 Index Options achieved volume of 183,734 contracts in October, six times the level of September and 34 times the level of a year earlier. 

- AsiaClear volume grew to 17,873 contracts in October from 7,399 a year earlier with significant growth in the number of energy swaps cleared. 

- Futures open interest increased 25% year on year to 712,635. 

New data added to the October trading statistics report include “SGX Statistics At A Glance” and the number of trades for securities and structured warrants. 

The consolidated overview of the securities, derivatives and commodities markets is now available on SGX website. Please visit: http://www.sgx.com/wps/portal/marketplace/mp-en/prices_indices_statistics/market_statistics