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SGX securities trading turnover up 51% in November

SDAV also increased by 51% YoY to $1.44b, a 17% rise MoM.

The Singapore Exchange Group (SGX) reported a 51% year-on-year (YoY) increase in total securities market turnover in November, reaching $30.2b, with a 12% month-on-month (MoM) rise.

The securities daily average value also increased by 51% YoY to $1.44b, a 17% rise MoM.

Singapore emerged as the most actively traded cash market in ASEAN and amongst Asia-Pacific developed markets, with robust activity seen across all client segments in index stocks and real estate investment trusts (REITs), driven by interest rate expectations and developments following the U.S. elections.

SGX also reported a 17% YoY increase in derivatives volume for November, totalling 26.1 million contracts across equities, foreign exchange (FX), and commodities.

Notably, the total FX futures traded volume reached an all-time high, climbing 50% y-o-y to 6.1 million contracts. Additionally, futures and options on SGX SICOM rubber, the global pricing benchmark for natural rubber, saw a 30% y-o-y rise, while petrochemical derivatives volume surged by 52% y-o-y.

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