SGX securities turnover dips 8% to $27.3b

Securities daily average value also dropped.

According to a release, Singapore Exchange (SGX) said its derivatives volumes in August increased from a year earlier.

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.

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.

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.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia