Singapore Exchange (SGX) has reported continued growth in securities trading in January 2015. Derivatives volumes remained strong with record volumes in the leading derivatives contracts.
Average daily trading value was S$1.2 billion, up 22% month-on-month and 12% year-on-year.
The total trading value was $25 billion, up 17% from a month earlier and 12% year-on-year.
Smaller board lots were introduced on 19 January to make the higher priced stocks more easily available to retail investors and the exchange believes this has resulted in increased retail participation.
Total derivatives volume in January 2015 was 14.7 million contracts, down 15% month-on-month and up 67% year-on-year.
SGX FTSE China A50 Index futures traded more than 7.1 million contracts, down 25% month-on-month but up 202% year-on-year. Strong growth also continued in MSCI India Index Futures and CNX Nifty Index Futures. The India Nifty futures set a record volume of 2 million contracts, up 20% month-on-month and 43% year-on-year.