SINGAPORE - The Singapore bourse saw more activity from retail investors and an increase in securities trading last month.

Smaller board lots were introduced on Jan 19 to make higher priced stocks more affordable to retail investors, and early indications point to increased retail participation in blue chip stocks, the Singapore Exchange said on Tuesday.

The exchange saw a 9 per cent increase in the number of active clients in January.

The average daily trading value on the exchange was $1.2 billion, up 12 per cent over the same month in 2014.

Total trading value was $25 billion, up 12 per cent over last year.

Derivatives volumes "remained robust" in January, "with record volumes in key contracts on the back of increased participation from all customer categories", the exchange said.