Major exchanges across the global had earlier reported mixed results for May
Singapore Exchange is the latest of the
major derivatives exchanges to report a slowdown in trading
Total volume on the Singapore
Exchange’s (SGX) derivatives market stood at 13.6
million contracts, a 12% decline compared to May 2015. Equity
index futures volume was 11.1 million, down 21% year on
Commodity derivatives on the exchange
fared better. Total volume stood at 1.3 million contracts, a
132% increase on the corresponding month last year. Iron ore
derivatives volume was up 138% for the month, while volumes for
the recently launched forward freight derivatives grew a
whopping 300% compared to last year.
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