Securities
- Turnover fell 3% year on year to $30.1 billion; securities daily average value was $1.4 billion.
- Exchange traded fund turnover increased 27% from a year earlier to $822 million.
- New minimum bid sizes introduced on 4 July has significantly lowered bid-ask spreads (20% to45%), saving investors about $130 million in trading costs for the stocks affected. Trading volume for these shares rose 35% to 9.4 billion units month-on-month.
- Structured Warrants volume increased 84% year-on-year to 3.4 million units.
Derivatives
- Total volume increased 15% year on year to 5.2 million contracts; derivatives daily averagevolume was 252,751 contracts.
- China A50 futures trading rose 2% from June to 229,717 contracts while MSCI Taiwan futures volume was 3% up from a year earlier at 1.4 million contracts. Nifty futures volume was 52% higher from a year earlier at 1.2 million contracts.
Commodities and Clearing
- Agricultural commodity futures volume increased 3% year on year to 21,409 contracts followingthe consolidation of SICOM contracts onto the SGX platform.
- Volume of OTC commodity contracts cleared rose 5% from a year earlier to 19,812 contracts.The volume of Iron Ore Swaps cleared hit a new record high of 7,845 contracts, more than double from a year earlier.
- Clearing of OTC Interest Rate Swaps continued to grow with a notional $32 billion cleared in July bringing the cumulative amount cleared since launch to $142 billion notional.