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SGX derivative volumes spike in April

It rose by 36% YoY to 24.1 million contracts.

The Singapore Exchange (SGX) saw its derivatives volume across equities, foreign exchange (FX), and commodities jump 36% YoY to 24.1 million contracts in April.

In the same month, SGX reported a 23% YoY higher derivatives daily average volume of 1.2 million contracts.

Breaking down by asset class, SGX recorded record highs for FX futures and equity derivatives trading volumes in April.

SGX marked a second consecutive month of record highs for its total FX futures volume, which jumped 95% YoY to 4.8 million contracts in April.

SGX Equity Derivatives were up 15% YoY,  reaching a three-month high of 13.2 million contracts.

Meanwhile, the total traded volume on SGX Commodities, including benchmark iron ore and freight derivatives, and SICOM rubber futures, increased by 68% year-over-year to 5.6 million contracts."
 

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