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SGX FX futures traded volume rises 34% MoM in March

SGX

SGX sees growth in securities turnover

Securities market turnover value rose 21%MoM in March, reaching S$35.7 billion. This also lifted the turnover for the last three months, from January-to-March by 26% compared to previous quarter to S$91 billion.

The bellwether Straits Times Index (STI) rose 5.1% in last month to 3,408.52. It was Asia-Pacific’s strongest performing benchmark in the first quarter with a 9.1% price return and a 9.6% total return.

Total commodity derivatives traded volume was up 66% MoM to 4.1 million contracts in March 2022.

The exchange added:

Total equity index futures traded volume increased 38% m-o-m to 18.4 million contracts in March (+15% q-o-q). There were gains across the board, with SGX Nikkei 225 Index Futures volume up 37% m-o-m (+12% q-o-q), SGX FTSE Taiwan Index Futures volume up 31% m-o-m (+15% q-o-q) and SGX MSCI Singapore Index Futures volume up 10% m-o-m (+5% q-o-q).

Steffy Bogdanova

Steffy Bogdanova

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.

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