. Total volume traded for the first two months of this year was 4,759,511 contracts, a 9.4% increase from 4,350,812 contracts traded in the same period last year.
The sterling performance was mainly contributed by the Singapore Dollar Interest Rate and Euroyen LIBOR futures.
Singapore Dollar Interest Rate Futures contracts recorded a 360.8% rise to 19,484 contracts for the first two months this year, from 4,228 contracts traded in the same period last year. Launched in September 1999, the contract has been growing steadily especially after the introduction of 15 market makers in August 2000. The Market Makers programme has been extended for another 3 months, until 31 May 2001, due to their positive support and contribution.
Euroyen LIBOR contracts, launched in February 1999, posted a 183.5% increase to 115,610 contracts from 40,784 contracts traded in January and February 2000. It also set an open interest record of 123,519 contracts on 27 February 2001.