SGX SIMSCI Futures Break Records And Asian Derivatives Register Strong Growth In May 2004

Singapore Exchange (SGX) today announced that the MSCI Singapore Stock Index futures contract broke its record in open interest, daily, monthly and average monthly volumes in May 2004.

Contract	Item	New Record (no. of contracts)	Date	Previous Record (no. of contracts)	Date
MSCI Singapore Stock Index Futures	Daily volume	33,181	25 May 04	29, 862	24 Feb 04
	Monthly volume	149,223	May 04	132,453	Mar 04
	Average monthly volume	7,106	May 04	6,392	Jan 04
	Open interest	35,356	25 May 04	33,712	27 Jan 04

Some of SGX's major Asian derivatives products contracts on SGX also enjoyed strong growth during the first five months of 2004. Compared to the same period last year, growth rates ranging from 28% to 100% were registered by SGX's the Nikkei 225 futures, MSCI Taiwan Index futures, Euroyen futures and MSCI Singapore Index futures.

Contracts	Jan-May 04 Trdg Vol (No. of Contracts)	Jan-May 03 Trdg Vol (No. of Contracts)	% Growth
Nikkei 225 Futures	3,198,631	2,481,026	28.92
MSCI Taiwan Index Futures	3,013,659	2,118,501	42.25
Euroyen Futures	832,092	416,800	99.64
MSCI Singapore Index Futures	643,383	396,361	62.32