Derivatives DAV in SGX Soared to 1.06 Million Contracts in February

by Cryptospacey

Singapore  Trade  (SGX) launched the month-to-month buying and selling volumes for February 2022, noting that derivatives every day common quantity surged to the very best in virtually two years. Based on the report, the figures soared as heightened volatility and issues over inflation boosted risk-management exercise.

Furthermore, the Ukraine-Russia disaster added volatility to the derivatives’ volumes throughout the board, including to challenges dealing with commodity markets and provide chains worldwide. Consequently, the SGX’s derivatives every day common quantity (DAV) reached 1.06 million contracts in February, the very best since March 2020. On a year-over-year (y-o-y) foundation, derivatives traded quantity grew 5% to 18.6 million contracts.

Additionally, SGX Nifty 50 Index Futures quantity elevated 33% year-over-year, contributing to a 5% improve in fairness index futures quantity. A ten% improve in traded quantity of the MSCI Singapore Index Futures was recorded final yr, whereas a 4% improve in traded quantity of the Nikkei 225 Index Futures was recorded.

Foreign exchange Figures on SGX

In  foreign exchange  , open curiosity on SGX USD/CNH Futures hit a report US$12.4 billion in February, with quantity rising by 15% year-over-year to 823,524 contracts. With danger aversion on the rise, offshore RMB or CNH is more and more used as a safe-haven forex, and the SGX contract is the world’s most traded CNH futures contract.

The entire quantity of FX futures traded on the Singapore Trade was US$107.8 billion, with open curiosity at US$13.9 billion, up 56% year-on-year. In February, the common every day worth of SGX securities rose 36% month-over-month (m-o-m) to S$1.6 billion, the very best since March 2021. Securities market turnover grew 16% month-over-month to S$29.6 billion. The highest performers, in addition to most lively shares throughout the month, had been Rex Worldwide Holding Ltd. and Samudera Delivery Line Ltd.

Straits Instances Index (STI) fell 0.2% in February to three,242.24. Though it returned 4% over the primary two months of 2022, it plummeted 4.5% lower than the FTSE ASEAN All-Share Index, 4.5% lower than the FTSE Asia Pacific Index, and 6.6% lower than the FTSE All-World Index.

In January, the buying and selling volumes on SGX rose by +3% month-on-month to twenty million contracts (approx), the most important quantity since September 2021.

Singapore  Trade  (SGX) launched the month-to-month buying and selling volumes for February 2022, noting that derivatives every day common quantity surged to the very best in virtually two years. Based on the report, the figures soared as heightened volatility and issues over inflation boosted risk-management exercise.

Furthermore, the Ukraine-Russia disaster added volatility to the derivatives’ volumes throughout the board, including to challenges dealing with commodity markets and provide chains worldwide. Consequently, the SGX’s derivatives every day common quantity (DAV) reached 1.06 million contracts in February, the very best since March 2020. On a year-over-year (y-o-y) foundation, derivatives traded quantity grew 5% to 18.6 million contracts.

Additionally, SGX Nifty 50 Index Futures quantity elevated 33% year-over-year, contributing to a 5% improve in fairness index futures quantity. A ten% improve in traded quantity of the MSCI Singapore Index Futures was recorded final yr, whereas a 4% improve in traded quantity of the Nikkei 225 Index Futures was recorded.

Foreign exchange Figures on SGX

In  foreign exchange  , open curiosity on SGX USD/CNH Futures hit a report US$12.4 billion in February, with quantity rising by 15% year-over-year to 823,524 contracts. With danger aversion on the rise, offshore RMB or CNH is more and more used as a safe-haven forex, and the SGX contract is the world’s most traded CNH futures contract.

The entire quantity of FX futures traded on the Singapore Trade was US$107.8 billion, with open curiosity at US$13.9 billion, up 56% year-on-year. In February, the common every day worth of SGX securities rose 36% month-over-month (m-o-m) to S$1.6 billion, the very best since March 2021. Securities market turnover grew 16% month-over-month to S$29.6 billion. The highest performers, in addition to most lively shares throughout the month, had been Rex Worldwide Holding Ltd. and Samudera Delivery Line Ltd.

Straits Instances Index (STI) fell 0.2% in February to three,242.24. Though it returned 4% over the primary two months of 2022, it plummeted 4.5% lower than the FTSE ASEAN All-Share Index, 4.5% lower than the FTSE Asia Pacific Index, and 6.6% lower than the FTSE All-World Index.

In January, the buying and selling volumes on SGX rose by +3% month-on-month to twenty million contracts (approx), the most important quantity since September 2021.

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