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% |