SGX MSCI Taiwan Index Futures Breaks Volume And Open Interest Records Again

The Singapore Exchange Derivatives Trading Limited (SGX-DT) is pleased to announce that the daily trading volume of its MSCI Taiwan Index futures contract has chalked up a record volume of 27,780 contracts. The previous daily high of 25,824 contracts was traded on 25 June 1999. The MSCI Taiwan Index futures open interest also hit a record high of 34,349 contracts yesterday surpassing the previous record of 30,930 contracts traded on 27 December 1999. SGX-DT (formerly known as SIMEX) was the first exchange in the world to launch a stock index futures contract based on the underlying Taiwan stock market when its MSCI Taiwan contract made its debut on 9 January 1997. With the current average daily trading volume of more than 9,000 contracts, the SGX MSCI Taiwan Index futures contract provides international traders and investors with the most liquid hedging instrument on the underlying Taiwan stock market.