SGX derivatives volume jumped 20% to 8.5m contracts

But value of securities dropped 6% to $24.7b.

Singapore Exchange (SGX) today said derivatives trading and clearing activities grew in October from a year earlier while securities trading declined.

Record-high open interest was achieved in the derivatives market during the month. Value of securities traded fell 6% year-on-year to $24.7 billion; daily average value of securities traded declined 6% to $1.1 billion.

A total of 48 bonds raising $16.5 billion were listed. The biggest debt listed was Origin Energy Finance’s EUR800 million bond.

Derivatives volume rose 20% year-on-year to 8.5 million contracts. Open interest at end-October rose 62% from a year earlier to 3.7 million contracts.

Record-high open interest of 3.8 million contracts was achieved on 29 October 2013. China A50 futures volume rose 65% to 1.7 million contracts, MSCI Taiwan futures trading grew 9% to 1.5 million contracts while Nikkei 225 futures activity increased 11% to 2.4 million contracts.

The MSCI Indonesia futures volume tripled to 29,717 contracts.