This represents a significant growth of 12.5% over the previous year where 27,571,963 contracts were traded.
The strong growth is contributed by several contracts and initiatives of the Exchange. Eurodollar, in particular, benefited from the volatile US interest rates, while the Exchange's initiatives that helped in generating the increased trading volume included the Negotiated Large Trades Facility, the Market Makers' arrangements in MSCI Taiwan Options and the Singapore Dollar Interest Rate, as well as the very successful Singapore Govt Bond Futures, and the increasing acceptance of the MSCI Singapore Index Futures, for trading and risk management purposes.
Contract | Annual Volume Record in 2001 | Previous Record | Year | % increase |
Eurodollar Futures | 17,684,054 | 10,063,633 | 2000 | 75.72 |
MSCI Taiwan Index Futures | 3,902,738 | 3,390,153 | 2000 | 15.12 |
MSCI S'pore Stock Index Futures | 488,489 | 479,486 | 2000 | 1.88 |
Euroyen Libor Futures | 452,559 | 374,198 | 1999 | 20.94 |
Singapore Dollar Interest Rate Futures | 111,210 | 61,300 | 2000 | 81.42 |
MSCI Taiwan Index Options | 42,899 | 20,521 | 1998 | 109.05 |
Several other contracts have also broken daily records in trading volume in 2001, as listed in the table below.
Futures Contract | New Record | Date | Previous Record | Date |
Eurodollar | 403,422 | 12 Sep 01 | 194,862 | 18 May 94 |
Nikkei 225 | 116,762 | 13 Sep 01 | 99,643 | 7 Mar 01 |
MSCI Taiwan Index | 58,322 | 27 Nov 01 | 55,996 | 29 Aug 01 |
MSCI S'pore Index | 9,507 | 27 Nov 01 | 7,701 | 26 Jun 01 |
S'pore Dollar Int Rate | 2,315 | 12 Jul 01 | 1,518 | 21 Aug 00 |
5-Year S'pore Govt Bond | 2,178 | 30 Jul 01 | 1,591 | 26 Jul 01 |