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SGX equity index futures volumes up for 5th straight month in July

PC Lee
PC Lee8/8/2019 05:41 PM GMT+08  • 2 min read
SGX equity index futures volumes up for 5th straight month in July
SINGAPORE (Aug 8): Market participants in the month of July turned to exchange-traded solutions to manage volatility across multiple asset classes, resulting in strong volume gains for selected products on the Singapore Exchange.
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SINGAPORE (Aug 8): Market participants in the month of July turned to exchange-traded solutions to manage volatility across multiple asset classes, resulting in strong volume gains for selected products on the Singapore Exchange.

As hedging activities increased, total SGX equity index futures volumes grew 4% y-o-y to 13.5 million contracts, a fifth straight month of annual gains. MSCI Singapore index futures also hit a record volume in July with 31% y-o-y increase to 1.0 million contracts.

To manage rising risks in currency and commodity markets, total FX futures traded volume increased 23% y-o-y to 2.1 million contracts, climbing for a third consecutive month. Notably, SGX’s USD/CNH Futures traded volume surged 31% y-o-y to 803,839 contracts in July.

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