More activity across securities and derivatives in March: SGX

SINGAPORE - The Singapore Exchange (SGX) reported strong growth in trading volumes and market activities across securities and derivatives last month.

Bond listings also went up by more than 2.5 times compared with February, it said in a release on Monday.

The exchange noted that the total traded value of securities rose 19 per cent to $25 billion from the previous month, and was up 5 per cent over 2014.

The average daily trading value for securities was $1.14 billion in March, the same as in 2014, although down slightly by 3 per cent compared February.

There were 56 bond listings which raised more than $22 billion, representing a year-on-year increase of 30 per cent.

Total derivatives volume was at 14.8 million contracts, up 52 per cent from February, and up 56 per cent over that in 2014.

The average daily trading volume rose 15 per cent to 678,126 contracts, which was 46 per cent higher year-on-year.

The SGX Equity Index Futures registered a total traded volume of 13.3 billion contracts, a 58 per cent jump over February, and a 59 per cent increase from the last year.

SGX FX futures continued to "attract global players and strong traction since its introduction a year before", said the exchange, noting that FX futures traded a total of 252,435 contracts in March - more than 20 times the volume a year earlier, and 22 per cent more than February.

The exchange noted that there were 22 trading days in March this year, compared to 18 days in February, and 21 days in March last year.