Singapore Exchange Says Derivatives Trade Volume Up 17% in May

MT Newswires06-10

Singapore Exchange (SGX:S68) said Friday that derivatives traded volume rose 17% year over year in May to 23.9 million contracts as open interest across key equity, foreign exchange, and commodity derivatives rose to record highs.

Securities daily average value surged 22% on year to SG$1.3 billion, the highest in a year, after the total market turnover value climbed 16% to SG$26.7 billion from a year earlier, the bourse said. The daily average volume jumped 16% to 1.1 million contracts.

The Straits Times Index Index advanced 1.3% to 3,336.59, outperforming the FTSE Asean All-Share Index. The total retail assets under management, meanwhile, increased 23% month on month.

The turnover of daily Leverage Certificates and Structured Warrants gained 16% to SG$604 million, reflecting the highest retail turnover in these instruments since January 2023, the bourse said.

The open interest in SGX FTSE China A50 Index Futures, the world’s most liquid international futures for Chinese equities, rose 13% sequentially to 989,403 contracts, and the SGX INR/USD FX Futures open interest hit a record 291,656 lots.

Equity index futures traded volume totaled 13.1 million contracts in May, compared with 13.3 million contracts in the prior year, the bourse said.

Price (SGD): S$9.59, Change: S$-0.08, Percent Change: -0.83%

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