Singapore, Apr 5, 2012 - (ACN Newswire) - Singapore Exchange's (SGX) derivatives trading continued to grow in March but securities market activity declined.

Securities- Daily average value was down 27% from February at $1.3 billion and 19% lower year on year.- Exchange traded funds turnover grew 48% to $622 million from February but was down 42% year on year.- Structured warrants volume grew 12% to 5.7 billion units from February, and more than doubled from a year earlier.

Derivatives- Daily average volume grew 9% to 353,683 contracts compared with February but slid 7% year-on-year.- China A50 futures volume more than tripled to 661,587 contracts from a year earlier, MSCI Taiwan futures trading grew 9% year on year to 1.6 million contracts and S&P Nifty futures volume also increased 9% from a year earlier to 1.3 million contracts. Nikkei 225 futures volume was 3.1 million contracts, down 37% from the spike in activity a year earlier caused by high volatility in the Japanese equity markets. Compared with February, Nikkei 225 futures trading grew 29%.

Commodities and clearing- Trading of SICOM rubber futures eased 2% year on year to 18,235 contracts.- Volume of OTC commodity contracts cleared more than doubled to 23,808 contracts from a year earlier. Volume of iron ore swaps cleared almost tripled to 11,625 contracts from a year earlier.- OTC interest rate swaps cleared totalled a notional $213 billion since the November 2010 launch; volume of new deals cleared in March was $9.0 billion, up 55% year-on-year.

Fixed Income- Bond listings more than doubled to $25 billion from a year earlier and grew 53% from February.- The biggest listings were Mizuho Corporate Bank's US$1.5 billion 2017 senior notes, Sumitomo Mitsui Banking Corporation's US$1.5 billion 2022 bonds and Genting Singapore's $1.8 billion perpetual bonds.

About Singapore Exchange (SGX)

Singapore Exchange (SGX) is among the world's largest exchanges and Asia's second largest listed exchange. As the Asian gateway, SGX is the market of choice for investors wanting to participate in Asia's vibrant and rapidly growing economies, and for Asian issuers seeking international capital.

SGX's extensive suite of securities, derivatives and commodities products makes it Asia's most international exchange. SGX's services range from listings, trading, high-speed market access, clearing and settlement to depository services and Central Counter Party services for OTC traded derivatives. With the region's longest trading hours, and powered by cutting-edge technology, SGX is the unparalleled conduit for investment flows into and out of Asia. For more information, please visit www.sgx.com.

Source: Singapore Exchange (SGX)

Contact:

Carolyn Lim
Communications
Tel: +65-6236-8139
Email: carolyn.lim@sgx.com

Joan Lew
Communications
Tel: +65-6236-8658
Email: joan@sgx.com

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