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Singapore Exchange Logs 18-Year High Securities Daily Average Value

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Singapore Exchange Logs 18-Year High Securities Daily Average Value

Singapore Exchange (SGX:S68) saw a record securities daily average value in the full fiscal year as derivatives and securities products grew in double digits in June, according to a Monday filing by the exchange.

Full-year turnover jumped 35% to SG$455.7 billion, while the securities daily average value also rose 35% year over year to SG$1.8 billion, the highest in 18 years.

For June alone, securities market turnover increased 72% year over year to SG$44.6 billion in June, while the securities' daily average value also jumped 72% to SG$2.1 billion.

The volume of traded derivatives increased 31% year over year to 34.3 million contracts during the month. For the whole financial year, total volume rose 15% year over year to 363.5 million contracts.

The exchange also gained access to Japanese equities through the SGX Micro Nikkei 225 Index Futures.

SGX also saw an all-time high month-end open interest in India during the month of 297,572 lots, and Chinese equities saw a record half-yearly daily average volume of 529,130 lots.

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