OREANDA-NEWS. September 08, 2015. Singapore Exchange (SGX) reported an increase in Securities, Derivatives and Commodities activities in August from a year earlier.

Securities

  • Total turnover was \\$28.1 billion, up 16% month on month and 34% year on year, despite fewer trading days in August 2015 as compared to July 2015 and August 2014 (Number of trading days in August 2015: 19, July 2015: 22 & August 2014: 21).
  • Daily average traded value was \\$1.5 billion, up 35% month on month and 49% year on year.
  • ETF trading was \\$307 million, up 20% month on month and 40% year on year.
  • Trading of STI stocks represented 74% of total trading value, compared to 66% in July 2015 and 57% in August 2014.
  • There were 23 new bonds listed in August, raising \\$7.4 billion, with foreign issuers accounting for 74% of the bond listings.
  • There were 2 new listings in August on Catalist, raising \\$40 million, bringing the total number of listed companies on Catalist to 164 and total market capitalisation of \\$8.9 billion. Year to date, \\$168 million has been raised from new listings on Catalist.
  • Total market capitalisation value of 771 listed companies stood at \\$899 billion for August 2015.

Derivatives

  • Derivatives volume of 17.0 million contracts was down 21% month on month, up 82% year on year.
  • Volume of Equity index futures was 15.3 million contracts, down 23% from July, up 76% year on year.
  • FTSE China A50 Index futures remained the most active contract with volume of 8.4 million, down 40% month on month, up 127% year on year.
  • FX futures volume surged to 515,567 contracts from 51,721 contracts a year earlier. Volume was 46% higher than in July 2015.
  • Underpinning this strong growth was the increase in SGX INR/USD futures, with volume up 43% from July at a new peak of 469,633 contracts. This compared with 48,570 contracts a year earlier.
  • Volume of cleared OTC SGD Interest Rate Swaps was \\$6.5 billion, down 54% month on month, up 54% year on year.

Commodities

  • SGX commodities derivatives volume fell 22% month on month but increased 285% over the year to 535,438 contracts.
  • Iron ore derivatives volume rose 266% year on year to 652,981 contracts, 25% lower compared to last month.
  • Volume of freight derivatives fell 10% month on month to 28,164 contracts; in contrast, only 15 such contracts were recorded a year earlier.
  • Volume of SICOM rubber futures, the world’s price benchmark for physical rubber, was up 9% month on month and 95% year on year at 60,047 contracts.