SGX market turnover up 1% in Oct; total derivatives volume hits all-time high

SGX market turnover up 1% in Oct; total derivatives volume hits all-time high

Michelle Zhu
09/11/18, 12:59 pm

SINGAPORE (Sept 9): SGX reported a total securities market turnover value of $24.3 billion for the month of Oct 2018, up 1% y-o-y and 25% m-o-m.

There were 23 trading days in Oct this year. Comparatively, there were 20 trading days in Sept 2018 and 21 trading days in Oct 2017.

Securities daily average value (SDAV) fell 7% y-o-y but grew 9% m-o-m to $1.06 billion.

In its announcement on Friday, SGX emphasises the growth in market turnover of exchange traded funds (ETFs) as well as structured warrants & daily leveraged certificates (DLCs) reflected in Oct amid market volatility.

Market turnover value of ETFs grew 51% and 31% y-o-y and m-o-m, respectively, to $245 million, while market turnover value of structured warrants & DLCs was $1.82 billion, up 11% on-year and 27% m-o-m.

The one new Catalist listing in the month raised $3.8 million, while 156 new bond listings raised a total of $39.29 billion.

As at end-Oct, the total market capitalisation value of 744 listed companies stood at $922.5 billion.

According to SGX, total derivatives volume however reached an all-time high of 22 million, up 47% y-o-y and 19% m-o-m.

Equity index futures volume grew 58% y-o-y and 18% m-o-m to 17.79 million.

FTSE China A50 Index Futures volume was 9.4 million, up up 91% y-o-y and 23% m-o-m.

SGX Nifty 50 Index Futures volume was 2.17 million, up 17% y-o-y and 17% m-o-m.

Commodities derivatives volume booked 13% and 42% higher y-o-y and m-o-m growth, respectively, to 1.47 million.

Shares in SGX were down by 9 cents at $7.17 just before the midday trading break.

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