Singapore Exchange (SGX:S68) reported an all-time high derivatives traded volume of 298.4 million contracts in 2024, up 18% year on year, driven by strong activity across equities, FX, and commodities, according to a Thursday filing on the Singapore Exchange.
The SGX FTSE China A50 Index Futures rose 17% to 103.2 million contracts, while the Taiwan Index Futures jumped 11% to 18.6 million.
FX futures saw record volumes, with INR/USD contracts surging 76% in December, and USD/CNH contracts up 24%. Total FX futures volume climbed 44% for the year to 59.1 million contracts.
Iron ore derivatives grew 32% to 5.8 billion metric tonnes, boosting commodities trading by 31%.
The Straits Times Index led ASEAN with a 16.9% annual gain, supported by higher retail participation and REIT buying. Securities turnover increased 18% to S$20 billion, with ETF assets under management up 23% to S$13.1 billion.