Singapore Exchange (SGX) derivatives trading hit records in December and the whole of 2014, while securities activities grew in December but declined overall during the last year.
Total securities trading value was USD22 billion, up 8.2% from a year earlier; average daily trading value was USD983 million, up 3.4%. December 2014 had one more trading day than December 2013.
New companies listed totalled seven, raising USD583 million compared with 1 raising USD6.1 billion a year earlier. Bond listings totalled 28 raising USD8 billion. This was 36% up from the amount raised a year earlier.
Derivatives volume was a record 17 million contracts, almost double the 8.9 million contracts of a year earlier.
FTSE China A50 futures volume was a record 9.5 million contracts, almost five times the 2.1 million contracts of a year earlier. India Nifty futures trading grew 29% to 1.7 million contracts; Nikkei 225 futures volume was steady at 2.9 million contracts.
Indian Rupee/US dollar foreign exchange futures volume was 170,004 contacts following its launch 13 months earlier, and up 59% from November 2014. US dollar/Chinese renminbi FX futures volume was 9,549 contracts, two months after its launch.
Cleared OTC financial derivatives volume was USD2.9 billion, down 22% year on year.
SICOM rubber futures volume was 42,585 contracts, up one-third from 32,195 contracts a year earlier. The volume of cleared iron ore swaps and AsiaClear iron ore futures totalled 325,636 contracts; six times the 57,807 contracts of a year earlier.
For the whole of 2014, securities market capitalisation grew 6.1% to USD998 billion. On a total return basis, including dividends, the Straits Times Index was up 9.5%.
New company listings totalled 41, up from 32 in 2013. Total funds raised were USD3.9 billion, down 45% from 2013. New bond listings meanwhile, totalled a record 521 versus 465 in 2013. Value of bond listings also hit a record, growing 21% to USD213 billion.
Total trading value was USD266 billion, down 25% from 2013; average daily trading value was USD1.1 billion, down 25%.
Derivatives volume in 2014 reached a record 120 million contracts, up 7.4% from 2013. FTSE China A50 futures volume almost doubled to 41 million contracts from 22 million contracts in 2013.
Indian rupee/US dollar foreign exchange futures trading totaled 597,738 contracts in 2014, following its November 2013 launch; volume of the newly-launched US dollar/Chinese renminbi FX futures totalled 29,824 contracts in 2014.
SICOM rubber futures volume grew 41% to 489,790 contracts, while the volume of cleared iron ore swaps and AsiaClear iron ore futures totalled a record 2.6 million contracts, five times the 525,448 contracts of 2013. Cleared iron ore swaps volume increased 20% to 551,954 contracts while AsiaClear iron ore futures volume was 2 million contracts, 31 times the 65,839 contracts of a year earlier.
