SGX’s Securities Market Turnover Value Hits S$37.18 billion in January

Volumes achieved by Singapore Exchange’s (SGX) derivatives market
and Over-the-Counter (OTC) clearing business increased in January
from the same period last year, SGX said in a statement on Tuesday.
Securities market turnover value totalled S$37.18 billion in January, up
from S$28.37 billion in December, but down from S$38.21 billion a year
earlier.
Securities daily average value (SDAV) rose from S$1.23 billion in
December to S$1.77 billion in January. On a year-on-year basis
however, the SDAV was lower than the S$1.91 billion recorded in January
2010.
The value of exchange traded funds registered S$789 million, more
than double the S$345 million recorded in the same period last year.
SGX said the derivatives market volume in January was about 5.11
million contracts, up 2 per cent year-on-year and with an average daily
volume of 260,233.
Nifty futures (SGX S&P CNX Nifty Index futures) achieved a volume of
about 1.19 million contracts, up 42 per cent from a year earlier.
FTSE China A50 Index futures volume soared 62 per cent from December
to reach 214,648 contracts.
Total options volume registered 115,486, more than six times that
recorded a year earlier.
AsiaClear volume in January jumped 42 per cent year-on-year to 16,765
contracts, with OTC iron ore swaps volume up 57 per cent at 4,441
contracts.