SGX Derivatives Break Monthly Total And Other Records; Year-To-Date Volume Grows 11%

Singapore Exchange (SGX) today announced that the total derivatives trading volume in July 2002 increased 67.5%, reaching 3,611,883 contracts, as compared to 2,155,944 contracts traded in the same month last year. July 2002's trading volume was also an all-time monthly record, surpassing the previous record of 3,372,838 set in November 2001.

The month of July also saw new records set by Eurodollar, MSCI Taiwan and MSCI Singapore Stock Indexes and the Single Stock futures (as shown in the table below) :-

Futures Contract	Item	New Record (No. of contracts)	Date	Previous Record (No. of contracts)	Date
Eurodollar	Mthly Vol	2,477,054	July 02	2,282,939	Nov 01
MSCI Taiwan Index	Mthly Vol	434,204	July 02	428,657	Jan 02
MSCI S'pore Index	Daily Vol	12,945	26/07/02	12,306	26/04/02
MSCI S'pore Index	Mthly Vol	68,574	July 02	60,159	Jan 02
MSCI S'pore Index	Open Int	14,719	26/07/02	13,907	26/06/02
Single Stock	Daily Vol	481	29/07/02	356	26/10/01

Robust trading volume growth, year-on-year, was also seen in several contracts such as the Eurodollar, Mini Japanese Government Bond, Nikkei 225, and the MSCI Taiwan and MSCI Singapore Stock Indexes futures (pls see table below) :-

Trading Volume (No. of Contracts)
Futures Contract Jan - Jul 02 Jan - Jul 01 Growth

Eurodollar 11,404,379 9,513,423 19.88%
Mini Jap Govt Bond 372,624 277,159 34.44%
Nikkei 225 Stock Index 2,746,268 2,574,515 6.67%
MSCI Taiwan Stock Index 2,648,636 2,152,264 23.06%
MSCI S'pore Stock Index 387,736 283,714 36.66%