Total volume traded for the LME-SGX copper, aluminium and zinc futures on the first day of trading (15 February 2011) was 1,547 lots, with open interest of 106 lots.
First day volumes for T and T+1 session are reflected as below.
T session:
| Volumes | High/Low | Settlement Price | |
| CU | 338 | 10654/10093 | 10,095 |
| AH | 338 | 2518/2493 | 2,494 |
| ZS | 308 | 2509/2490 | 2,491 |
T+1 session:
| Volumes | High/Low | Settlement Price | |
| CU | 303 | 10137/9946 | |
| AH | 133 | 2492/2473 | |
| ZS | 127 | 2496/2441 |
(T+1 session will be settled on next day's T session settlement prices.)
Mr Jeremy Ang, Executive Director, Commodities at Singapore Exchange said, "It was a good start with keen trading interest and diverse mix of trading participants on the first day. With the rising demand in exposure to commodities trading, we are optimistic with the long term growth of the contracts."
Liz Milan, Managing Director LME Asia, added, “We are encouraged by the steady volumes at the start to trading. This is a timely product to be launching in Asia and we’re hopeful that market interest and participation will continue to grow.”
With this latest launch, SGX now offers a diverse suite of commodity derivatives contracts for global investors to trade through SGX’s wide distribution network of international and regional members.
For more information on how to participate in the new LME-SGX Metal Futures, please visit the SGX website at www.sgx.com/commodities
