SGX May Volumes Show FX Futures and Securities’ Turnover Higher from April

[kreslik.news]

Singapore Exchange (SGX) has today reported its May 2016 trading statistics, with securities market turnover reaching 21.6 billion Singapore Dollars (SGD) or roughly $15.68b and up 3% compared to April on a month-over-month (MoM) basis.

Total volumes for SGX were lower by 6% in May when compared to the same month last year, meanwhile, the Securities Daily Average Values (SDAV) totaled SGD $1b ($726b) per day and was lower by 11% Year-over-Year (YoY) as this percentage was worsened (from 6%) because May 2015 had one less trading day than last month.

For the 21 trading days in May and April, SGX’s ... (read more)