Singapore Exchange’s (SGX) securities and derivatives activities increased in June, compared to a year earlier. For the last 12 months (July 2012 to June 2013) stock market capitalisation increased 13 per cent to SGD954bn.
Total bond fundraising increased 45 per cent to SGD196 bn. Of this number, SGD4.5bn was denominated in Chinese renminbi.
Securities daily average value (SDAV) increased 11 per cent to SGD1.5bn, while derivatives daily average volume (DDAV) increased 34 per cent to 412,558 contracts, and the volume of OTC commodities cleared increased 79 per cent to 446,892 contracts and volume of iron ore swaps cleared tripled to a record 370,224 contracts.
For the month of June, securities daily average value (SDAV) increased 59 per cent to SGD1.6bn year-on-year, and securities turnover was up 52 per cent to SGD32.2bn year-on-year.
ETF turnover was 22 per cent higher year-on-year at SGD426m, while total bond fund-raising declined 37 per cent year-on-year to SGD6.9bn.
Derivatives daily average volume (DDAV) increased 77 per cent year-on-year to 556,728 contracts, a new monthly record. Derivatives volume increased 64 per cent year-on-year to 10.7 million contracts.
China A50 futures trading nearly tripled to 1.7 million contracts year-on-year and Nikkei 225 futures volume was up 76 per cent year-on-year at 4.5 million contracts. MSCI Taiwan futures activity increased 19 per cent to 1.6 million contracts from a year earlier.
Nifty futures trading increased 23 per cent to 1.5 million contracts year-on-year and had a record monthly DDAV of 73,052 contracts. MSCI Indonesia Index Futures reached record volumes and monthly DDAV of 44,436 and 2,339 contracts respectively.
Total open interest for all our equity index and interest-rate futures, and equity index options doubled to more than 3 million contracts at the end of June from a year earlier.
The volume of OTC financial derivatives cleared was SGD6.2bn, down 23 per cent year-on-year.
The Volume of OTC commodities cleared more than doubled year-on-year to 46,869 contracts.
The Volume of iron ore swaps cleared more than quadrupled to 40,682 contracts from a year earlier.