SINGAPORE, June 2, 2011 - (ACN Newswire) - Singapore Exchange (SGX) said securities and derivatives trading activity declined in May from a year earlier, in line with other global markets.
-- Turnover fell 17% year on-year and 10% from a month earlier to $29.2 billion; securities daily average volume was $1.5 billion.
-- Exchange traded fund trading rose 16% to $1.1 billion from a year earlier.
-- Volume fell 17% to 5.0 million contracts from a year earlier but was up 2% from April; derivatives daily average volume was 243,948 contracts.
-- Nifty futures volume was 1.2 million contracts, up 16% year on year.
-- Volume of OTC commodity contracts cleared increased 6% to 11,242 contracts from a year earlier.
-- Volume of iron ore swaps cleared hit a new record high of 6,905 contracts, up 73% from a year earlier.
-- Volume of Interest Rate Swaps cleared totaled US$76.5 billion from the November 2010 launch to 31 May 2011.
SGX Statistics At A Glance
Mar 2011 Apr 2011
Number of Trading Days (Securities) 20 20
Securities market Turnover Volume (mil shares) 25,762 21,689
Securities market Turnover Value ($million) 32,310 29,246
Securities Daily Average ($million) 1,616 1,462
Derivatives Volume 4,851,721 4,956,239
Derivatives Daily Average Volume 252,401 243,948
Total Number of Listed Securities 784 779
Total Market Capitalisation 901,324 901,197
About Singapore Exchange (SGX)
Singapore Exchange (SGX) is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX represents the premier access point for managing Asian capital and investment exposure, and is Asia's most international exchange with about 40% of companies listed on SGX originating outside of Singapore. SGX offers its clients the world's biggest offshore market for Asian equity index futures, centred on Asia's three largest economies - China, India and Japan.
In addition to offering a fully integrated value chain from trading and clearing, to settlement and depository services, SGX is also Asia's pioneering central clearing house. Headquartered in Asia's most globalised city, and centred within the AAA strength and stability of Singapore's island nation, SGX is a leading Asian counterparty for the clearing of financial and commodity products. For more information, please visit www.sgx.com.
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June 2, 2011 20:30 HKT/SGT
Source: Singapore Exchange (SGX)
Topic: Production report
Sectors: Daily Finance, Daily News
From the Asia Corporate News Network
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