SGX Derivatives Trade Record Volume For First Half Year, Several Other Records Broken In June

Singapore Exchange (SGX) announced today that total trading volume for derivatives has reached its highest peak for any January-June period, with 15,128,829 contracts traded. This is an increase of 3.31%, compared to the previous record of 14,644,006 contracts set last year.

Strong growth was especially recorded in several contracts, such as the Eurodollar, MSCI Taiwan Index, Euroyen Libor, and the Singapore Dollar Interest Rate futures as shown in the table below - January to June 2001 number of contracts (January to June 2000 number of contracts), Growth:.

• Eurodollar, 8,265,863 (5,558,979), Growth: +48.69%
• MSCI Taiwan Index, 1,846,245 (1,547,466). Growth: +19.31%
• Euroyen LIBOR, 322,043 (117,831) +173.31%
• S'pore Dlr Int Rate, 57,336 (9,397), Growth: +510.15%

The month of June also saw several records broken by various instruments. New Record (Number of contracts), Date, Previous Record (Number of contracts), Date:

• Japanese Govt Bond, Open Int, 33,639, 5 Jun 2001, 33,388, 7 Mar 2001
• MSCI S'pore Index, Daily Vol, 7,701, 26 Jun 2001, 7,614, 25 Apr 2001
• MSCI S'pore Index, Open Int, 10,374, 26 Jun 2001, 8,002, 29 May 2001
• MSCI Taiwan Index, Daily Vol, 46,872, 27 Jun 2001, 46,029, 27 Mar 2001
• MSCI Taiwan Index, Open Int, 52,897, 27 Jun 2001, 52,721 , 25 Apr 2001

On 29 June 2001, SGX successfully launched the five-year Singapore Government Bond Futures contract, with 989 lots traded that day.