, Singapore

Derivatives drive growth in May as securities continue to stumble

Securities turnover slipped 2% in May.

Derivatives continued to drive growth for the Singapore Exchange in May, while its securities business were dragged by lacklustre trading volumes.

The SGX said that derivatives volume was 15.4 million contracts, a staggering 89% jump from a year earlier. This growth was driven by intense activity in its FTSE China A50 futures contract.

However, securities turnover slipped 2% year-on-year and 13% month-on-month, with daily average value of trading down 2% on-year to $1.1 b.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.