Total equity index futures traded volume on SGX increased 20% MoM in June to 14.5 million contracts, the highest in three months. Nikkei 225 Index Futures lead by 54% MoM rise in traded volume to 2.23 million contracts. MSCI Singapore Index Futures traded volume grew 14% MoM, while FTSE China A50 and Nifty 50 index futures each rose 12% MoM.
Total FX futures traded volume on SGX increased 10% MoM in June to 2.19 million contracts, amid steady institutional demand for risk management. SGX USD/CNH Futures traded volume gained 18% MoM to 851,753 contracts, while SGX INR/USD Futures rose 3% MoM to 1.28 million contracts.
SGX announced its acquisition of the remaining 80% stake in cloud-based FX trading platform for institutional investors BidFX for approximately $128 million last month. The Exchange’s goal is to bringing together FX futures with OTC markets.
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