SGX derivatives trading hit new highs in 2013

Derivatives total volume soared 40%.

In a release, Singapore Exchange (SGX) today said derivatives trading reached new highs in 2013. It also saw growth in clearing activities while securities trading declined.

Derivatives total volume and daily average volume (DDAV) increased 40% to 112 million and 459,362 contracts respectively.

For January to December 2013, stock market capitalisation declined 0.6% to S$940 billion. On a total return basis, including dividends, the Straits Times Index was up 3.26%. Total equity fund-raising grew 40% to S$6.3 billion.

There were 27 and 26 IPOs in 2013 and 2012 respectively. Total bond fund-raising decreased 4% to S$176 billion. There were 465 and 390 new bonds listed in 2013 and 2012 respectively. Securities daily average value (SDAV) increased 10% to S$1.4 billion.

Meanwhile, volume of SGX AsiaClear commodities almost doubled to 660,372 contracts and volume of iron ore swaps, futures and options cleared more than doubled to 590,648 contracts.

Trading in China A50 and India Nifty futures reached a record year volume of 21 million and 16 million contracts respectively. Volume of Nikkei 225 futures trading also hit a record year high of 39 million contracts.