SGX's securities activity stagnant as derivatives fly

Singapore

STAGNANT securities turnover lies in the shadow of the Singapore Exchange's (SGX) growing mountain of derivatives.

The average daily value of traded securities was S$1.14 billion in March, a 0.2 per cent year-on-year decline that was practically flat, according to the latest number from SGX. In fact, securities daily average value (SDAV) has been effectively flat for the past 2.5 years.