|
SGX
derivatives market sets several records in June and first
half of 2003
Singapore
Exchange (SGX) today announced that its derivatives market
traded an all time high volume of 3,733,596 contracts in the
month of June 2003, an increase from the last record volume
of 3,611,883 contracts in July 2002.
Total
trading volume for derivatives also reached its highest for
any January-June period, with 17,645,280 contracts traded
this year, a 13% increase as compared to 15,618,223 contracts
traded in the similar period last year.
The
Mini 10-year Japanese Government Bond (JGB) Futures contract
broke its record monthly volume and open interest in June
2003. It traded a record volume of 118,867 contracts, surpassing
its previous record of 116,395 contracts traded in June 2000.
Its open interest hit a record of 57,275 contracts on 9 June
2003. Its previous open interest record was 55,443 contracts
set on 7 March 2003.
The
month of June saw several other daily records broken by various
derivatives contracts:-
|
Futures
Contract
|
Item
|
New
Record (No. of Contracts) |
Date
|
Previous
Record (No. of contracts) |
Date
|
|
Nikkei
225
|
Volume
|
144,289 |
11
Jun 03
|
128,910 |
12
Mar 03
|
|
MSCI
Taiwan Index
|
Open
Interest
|
90,233 |
26
Jun 03
|
79,515 |
28
May 03
|
|
MSCI
S’pore Stock Index
|
Volume
|
26,859 |
25
Jun 03
|
19,573 |
27
Aug 02
|
|
MSCI
S’pore Stock Index
|
Open
Interest
|
30,347 |
25
Jun 03
|
30,017 |
21
Mar 03
|
Strong
growth was also recorded in several derivatives contracts:-
Futures
Contract
|
Jan
– Jun 03 |
Jan
– Jun 02 (No. of contracts) |
Growth
|
|
MSCI
S’pore Stock Index
|
483,251 |
319,162 |
51%
|
|
Nikkei
225
|
3,229,526 |
2,318,261 |
39%
|
|
Mini
JGB
|
445,610 |
329,388 |
35%
|
|
MSCI
Taiwan Index
|
2,570,870 |
2,214,432 |
16%
|
|
Eurodollar
|
10,097,520 |
8,927,325 |
13%
|
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