SGX Derivatives Trading Volume For August Grows 23% - SiMSCI Breaks Records

Singapore Exchange Ltd (SGX) today announced that the trading volume for August 2002 grew 22.8%, reaching 3,039,500 contracts as compared to 2,476,105 contracts traded in the same month last year while the total trading volume for the period January-August 2002 registered a growth of 12.7% with 22,269,606 contracts as compared with 19,760,878 contracts traded in the same period last year.

The MSCI Singapore Index futures contract achieved a growth of 40.6% for the period January-August 2002 with 444,239 contracts traded as compared to 315,881 contracts for the same period last year. At the same time, it set new daily volume and open interest records on 27 August 2002 with 19,573 and 15,641 contracts respectively. The previous records were set on 26 July 2002 with 12,945 and 14,719 contracts respectively.

Strong growth, year-on-year, was also recorded in other contracts, such as the Eurodollar, Mini Japanese Government Bond and the MSCI Taiwan Index futures (pls see table below):-

	Trading Volume (No. of Contracts)	Futures Contracts Jan - Aug 02	Jan - Aug 01 Growth
Eurodollar	13,460,704	10,842,289	24.15%
Mini Jap Govt Bond	405,548	320,695	26.46%
MSCI Taiwan Stock Index	3,025,834	2,507,622	20.67%