SGX Reports June 2015 Volumes, Derivatives Continue to Outperform

The Singapore Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (SGX) has reported its volumes across its derivatives and commodities activities for the month ending June 2015, according to a SGX statement.

Last month, securities turnover at the SGX during May 2015 came in at $23.0 billion, which was lower by -2.0% YoY from May 2014 and -13.0% MoM from April 2015. Generally the metrics report showed staunch derivatives growth, despite an uneven performance overall.

For the month ending June 2015, SGX reported securities trading value of $25 billion, which marked an 8.7% MoM growth from $23 billion in May 2015. Across a yearly timeframe, the value soared 20% YoY from June 2014. In particular, the average daily value of securities trading was $1.2 billion. A notable performer during the month was also exchange-traded funds (ETFs), which jumped to $237 million.

In terms of derivatives, SGX saw a volume of 22 million contracts during June 2015, up a staggering 152% YoY from June 2014 and 42.3% higher MoM from 15.4 million contracts in May 2015. Moreover, the average daily volume during June 2015 notched 1 million contracts, rising by 144% YoY from June 2014 and 31% higher MoM from May 2015.

FX futures volume also jumped to 303,437 contracts in June 2015, rising from just 13,767 contracts in June 2014 – the figure also experienced a steadfast growth of 13% MoM from May 2015. By far the most active contract on the SGX was the INR/USD.