SGX Derivatives Trade Record Volume For First Half Of 2002 - June 2002 Volume Increases 16.5%

SGX announced today that its derivatives market set a record volume for any January - June period with 15,618,223 contracts traded. This is a 3.23% increase as compared to the previous record set last year of 15,128,829 contracts.

Robust growth was recorded by several futures contracts such as Eurodollar, Mini Japanese Government Bond (Mini JGB), MSCI Taiwan Index and MSCI Singapore Index (see table below).

Trading Volume (No. of Contracts)

Futures Contract	Jan – Jun 02	Jan – Jun 01	% Growth
Eurodollar	8,927,325	8,265,863	8.00
MSCI Taiwan Index	2,214,432	1,846,245	19.94
Mini JGB	329,388	237,563	38.65
MSCI S'pore Index	319,162	248,270	28.55

Total derivatives volume for June 2002 increased 16.5% to 3,048,809 contracts as compared to 2,616,572 contracts traded on the same month last year. The month of June also saw MSCI Taiwan futures and options, as well as MSCI Singapore futures breaking daily records.

Contract	Item	New Record (No. of contracts)	Date	Previous Record (No. of contracts)	Date
MSCI Taiwan Index futures	Daily Volume	65,180	26/06/02	62,931	28/05/02
MSCI S'pore Index futures	Open Interest	13,907	26/06/02	13,071	26/03/02
MSCI Taiwan Index options	Open Interest	5,844	26/06/02	5,810	29/05/01