Home THE DAILY EDGE Business SGX says commodities and derivatives activity grew in June
SGX says commodities and derivatives activity grew in June

Tags: SGX | Singapore Exchange

Written by The Edge   
Friday, 02 July 2010 18:47
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Singapore Exchange (SGX) said today that its commodities and clearing businesses continued to enjoy strong growth in June.

Securities trading saw a slower month in June. Securities daily average value was S$1.2 billion, down 26% year on year.

Exchange traded funds were active as June trading rose 38% on year to $473 million.

The total number of listed securities as at end June was 763 from 752 a year ago.

For the Derivatives and Commodities Market, Futures and Options average daily trading volume grew 5% year on year to 240,292 contracts, mainly due to strong activity in Japanese and Indian equity index futures.

Trading of the SGX S&P CNX Nifty Index Futures grew 44% year on year in June to 870,676, proving that SGX remains a key market for access to Asian economies including India’s.

Total SICOM volume was seven times that of a year ago at 161,670 contracts as trading of the gold contract continued to grow.

AsiaClear continued to enjoy strength as iron ore and energy swaps cleared more than doubled from a year ago.

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Last Updated on Friday, 02 July 2010 19:42