SGX securities trading value jumps 27% YoY in September as derivatives rebound

The Singapore Exchange said its securities daily average value grew 27% compared with a year earlier, reaching S$1.9 billion in September, though it fell 11% from August as the STI index paused after a record rally. Overall securities turnover for the month hit S$42.2 billion across 22 trading days, a 2.5% drop from August’s S$43.3 billion. Derivatives trading showed a monthly rebound, with total volume rising 10% to 29.8 million contracts, while the daily average volume climbed 7% to 1.40 million contracts, staying flat year-on-year.

STI futures volume more than doubled to 75,477 contracts, and MSCI Singapore Index Futures recorded 1.07 million contracts with open interest of 202,745. Foreign-exchange derivatives surged, led by CNH, INR and KRW contracts, which posted year-on-year increases of 53%, 59% and 103% respectively. The STI index closed September at 5,675.88 points, a 1% monthly dip but a 32% gain over the year, while SGX’s own shares edged up 0.4% to S$20.73.