SGX maintains steady market activities growth in September

Commodities led the charge.

Singapore Exchange clicked on all cylinders this month, as it reported growth in securities, derivatives and commodities.

According to statement by SGX, Securities daily average value (SDAV) increased 18% year on year to $1.1 billion, while total securities market turnover value grew 7% year on year to $22.5 billion.

Meanwhile, for derivatives, trading of STI stocks represented 73% of total trading value in September 2015, compared to 58% in September 2014, while trading of STI stocks represented 73% of total trading value in September 2015, compared to 58% in September 2014.

SGX also said total derivatives volume was 14.1 million, up 33% year on year, while Equity Index Futures volume was 12.1 million contracts, up 25% year on year.

On the other hand, SGX AsiaClear derivatives volume was 964,770, up 151% year on year, while Iron Ore Futures volume reached 726,480 contracts, up 194% year on year. Of that, 8,350 contracts was SGX Iron Ore Lump Premium Futures, which was launched in August.