Derivatives traded volume grew 16% in August MoM: SGX

The derivatives went up to 23.7 million contracts.

The bourse said derivatives volume increased as more global investors turned to SGX Group’s trusted and liquid platform to manage risk whilst China boosted its economic recovery.

Derivatives traded volume increased 16% in August on both a month-on-month (MoM) and year-on-year (YoY) basis to 23.7 million contract. Derivatives' daily average volume (DAV) went up 7% MoM to 1 million contracts.

Equity index futures traded volume on SGX Equity Derivatives rose 12% MoM in August to 14 million contracts, which was led by an 18% MoM increase in SGX FTSE China A50 Index Futures to 8.7 million contracts. 

Trading of the A50 futures was the third-most active on record on 28 August, following China’s decision to reduce stamp duty on securities transactions as part of its economic stimulus measures.

SGX MSCI Singapore Index Futures volume climbed 5% MoM in August to 1.2 million contracts, “with elevated overnight T+1 activity of almost four times typical levels observed in mid-August in tandem with news flow on corporate earnings.”
 

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.