SGX Derivatives Trading Volume Grows 5% In January; Taiwan And Singapore Futures Break Records

Singapore Exchange Ltd (SGX) today announced that the total number of derivatives contracts traded in January 2002 increased by 4.7% to 2,581,566 compared to 2,430,103 traded in January 2001.

The MSCI Taiwan Index futures contracts continued its growth and record-breaking trend started since last September. It achieved a 35.7% growth of 428,657 contracts for January as compared to 315,857 contracts traded in the same month last year. Its open interest record was broken 3 times consecutively from 28 Jan 2002 - 30 Jan 2002.

MSCI Taiwan Index Futures	New Record	Period/Date	Previous Record	Period/Date
Daily Volume	61,594	28 Jan 2002	58,322	27 Nov 2001
Monthly Volume	428,657	Jan 2002	397,752	Dec 2001
Open Interest	58,625	30 Jan 2002	57,332	29 Jan 2002

The MSCI Singapore Index futures contract also broke records in January: -

MSCI Singapore Index Futures	New Record	Period/Date	Previous Record	Period/Date
Monthly Volume	60,159	Jan 2002	49,937	Jan 2000
Open Interest	12,596	28 Jan 2002	11,281	27 Nov 2001

Strong growth was reflected in the following futures contracts: -

Futures Contracts	Jan 02	Jan 01	% Change
Eurodollar	1,521,157	1,335,941	+13.9
Nikkei 225	303,677	250,423	+21.3
Japanese Govt Bond	48,343	21,802	+121.7