SGX Group sees sustained volume growth in September
Derivatives traded volume rose 6% YoY to 30.6 million contracts.
SGX Group (Singapore Exchange) today reported sustained volume growth in September, driven by heightened portfolio-hedging activity and continued Singaporean equity demand.
Derivatives traded volume rose 6% year on year (YoY) in September to 30.6 million contracts, whilst daily average volume (DAV) for the quarter climbed 11% YoY to 1.3 million contracts.
The average net fee per contract for equity, currency and commodity derivatives for the quarter was S$1.29.
Moreover, securities market turnover value gained 10% YoY to $33.3b, whilst securities daily average value (SDAV) during the quarter increased 16% YoY to $1.53b.