Singapore Exchange August Derivatives Volume Grow 6.6% - SiMSCI, Nikkei And Taiwan Futures Record Strong Growth

Singapore Exchange (SGX) today announced that its total derivatives trading volume grew 6.6% for the month of August 2003 with 3,240,762 contracts traded, compared to 3,039,500 contracts in the same month last year. Total volume from January to August 2003 grew 7.7% with 23,984,015 contracts, compared to 22,269,606 contracts in the same period last year.

Several futures contracts recorded strong growth in their monthly and year-to-date trading volumes:-

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MSCI Singapore Stock Index Futures		Growth (%)
Aug 03	Aug 02	+45.1
82,003	56,503	+45.1
Jan - Aug 03	Jan - Aug 02	+47.9
657,019	444,239	+47.9

Nikkei 225 Index Futures		Growth (%)
Aug 03	Aug 02	+34.7
506,411	375,989	+34.7
Jan - Aug 03	Jan - Aug 02	+39.0
4,339,139	3,122,257	+39.0

MSCI Taiwan Index Futures		Growth (%)
Aug 03	Aug 02	+27.9
482,490	377,198	+27.9
Jan - Aug 03	Jan - Aug 02	+18.1
3,572,906	3,025,834	+18.1

Eurodollar and MSCI Taiwan futures both broke records in August. Eurodollar futures set a new open interest record on 1 August with 229,559 contracts, surpassing its previous record of 220,929 contracts set on 7 November 2002. MSCI Taiwan futures set a new open interest record on 27 August with 103,081 contracts, as compared to its previous record of 102,156 contracts set on 29 July this year.