Singapore Exchange : SGX derivatives volume at record in Dec and 2014
January 06, 2015 at 12:26 am EST
Share
Singapore Exchange (SGX) today said derivatives trading hit records in December and the whole of 2014. Securities activities grew in December but declined in 2014.
For December 2014
Securities
Total trading value was $22 billion, up 8.2% from a year earlier; average daily trading value was $983 million, up 3.4%. December 2014 had one more trading day than December 2013.
New companies listed totaled 7, raising $583 million compared with 1 raising $6.1 billion a year earlier.
Bond listings totaled 28 raising $8 billion. This was 36% up from the amount raised a year earlier.
Derivatives
Volume was a record 17 million contracts, almost double the 8.9 million contracts of a year earlier.
FTSE China A50 futures volume was a record 9.5 million contracts, almost five times the 2.1 million contracts of a year earlier.
India Nifty futures trading grew 29% to 1.7 million contracts; Nikkei 225 futures volume was steady at 2.9 million contracts.
Indian Rupee/US dollar foreign exchange futures volume was 170,004 contacts following its launch 13 months earlier, and up 59% from November 2014. US dollar/Chinese renminbi FX futures volume was 9,549 contracts, two months after its launch.
Cleared OTC financial derivatives volume was $2.9 billion, down 22% year on year.
Commodities
SICOM rubber futures volume was 42,585 contracts, up one-third from 32,195 contracts a year earlier.
Volume of cleared iron ore swaps and AsiaClear iron ore futures totaled 325,636 contracts; six times the 57,807 contracts of a year earlier.
For January to December 2014
Securities
Market capitalisation grew 6.1% to $998 billion. On a total return basis, including dividends, the Straits Times Index was up 9.5%.
New company listings totaled 41, up from 32 in 2013. Total funds raised were $3.9 billion, down 45% from 2013.
New bond listings totaled a record 521 versus 465 in 2013. Value of bond listings also hit a record, growing 21% to $213 billion.
Total trading value was $266 billion, down 25% from 2013; average daily trading value was $1.1 billion, down 25%.
Derivatives
Volume reached a record 120 million contracts, up 7.4% from 2013.
FTSE China A50 futures volume almost doubled to 41 million contracts from 22 million contracts in 2013.
Indian rupee/US dollar foreign exchange futures trading totaled 597,738 contracts in 2014, following its November 2013 launch; volume of the newly-launched US dollar/Chinese renminbi FX futures totaled 29,824 contracts in 2014.
Commodities
SICOM rubber futures volume grew 41% to 489,790 contracts.
Volume of cleared iron ore swaps and AsiaClear iron ore futures totaled a record 2.6 million contracts, five times the 525,448 contracts of 2013. Cleared iron ore swaps volume increased 20% to 551,954 contracts while AsiaClear iron ore futures volume was 2 million contracts, 31 times the 65,839 contracts of a year earlier.
Singapore Exchange Limited is a securities and derivatives market infrastructure company. The principal activities of the Company are those of investment holding, treasury management, provision of management and administrative services to related corporations, provision of market data and technology connectivity services. Its segments include Fixed Income, Currencies and Commodities; Equities-Cash; Equities-Derivatives; Platform and Others; and Corporate. The Fixed Income, Currencies and Commodities segment is engaged in the provision of fixed income issuer services, derivatives trading and clearing services and collateral management. The Equities-Cash segment provides issuer services, securities trading and clearing, securities settlement and depository management. The Equities-Derivatives segment is engaged in the provision of derivatives trading and clearing and collateral management. The Platform and Others segment provides various services associated with the platform businesses.
SINGAPORE EXCHANGE LIMITED 
