SGX experiences trading peak for derivatives
06 January 2014 Singapore
Image: Shutterstock
Singapore Exchange (SGX) recorded trading highs in derivatives trading for 2013, but noted that securities trading has declined.
For January to December 2013, stock market capitalisation declined by 0.6 percent to S$940 billion. On a total return basis, including dividends, the Straits Times Index was up 3.26 percent.
Derivatives total volume and daily average volume (DDAV) increased by 40 percent to 112 million and 459,362 contracts respectively, and the volume of SGX AsiaClear commodities almost doubled to 660,372 contracts and volume of iron ore swaps, futures and options cleared more than doubled to 590,648 contracts.
Securities daily average value (SDAV) declined by 20 percent to S$951 million year-on-year, and securities turnover was down by 16 percent to S$20 billion year-on-year.
However, OTC clearing was a success for the firm, with the volume of new OTC financial derivatives transactions cleared at S$3.7 billion, up 61 percent year-on-year.
For January to December 2013, stock market capitalisation declined by 0.6 percent to S$940 billion. On a total return basis, including dividends, the Straits Times Index was up 3.26 percent.
Derivatives total volume and daily average volume (DDAV) increased by 40 percent to 112 million and 459,362 contracts respectively, and the volume of SGX AsiaClear commodities almost doubled to 660,372 contracts and volume of iron ore swaps, futures and options cleared more than doubled to 590,648 contracts.
Securities daily average value (SDAV) declined by 20 percent to S$951 million year-on-year, and securities turnover was down by 16 percent to S$20 billion year-on-year.
However, OTC clearing was a success for the firm, with the volume of new OTC financial derivatives transactions cleared at S$3.7 billion, up 61 percent year-on-year.
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