SGX daily average value of securities plunged to $927m

57 bonds were listed in November.

In a release, Singapore Exchange said derivatives trading and clearing activities grew in November from a year earlier while securities trading declined. The derivatives market also had a record-high open interest.

Value of securities traded was $19.5 billion, down 30% from $27.8 billion last year; daily average value of securities traded declined to $927 million from $1.3 billion. A total of 57 bonds raising $11.3 billion were listed.

The biggest debt listed was Singapore Housing Development Board’s $1.5 billion fixed rate notes due 2017. There were 3 new IPOs in November raising $2.7 billion.

Meanwhile, derivatives volume rose 23% year-on-year to 8.9 million contracts. Open interest at end-November rose 54% from a year earlier to a record 4.0 million contracts. 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.