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More SGX FX futures traded in November amid surge in offshore yuan contracts

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Published Fri, Dec 13, 2019 · 09:50 PM

    Singapore

    DESPITE subdued global currency markets, trading activity in foreign exchange (FX) futures on the Singapore Exchange (SGX) grew to US$110 billion in November, up 12.5 per cent month-on-month and 9 per cent year-on-year.

    Nearly 1.88 million FX contracts changed hands on the Singapore bourse last month, bringing the year-to-date (YTD) volume to 21.5 million contracts worth some US$1.2 trillion, SGX said on Friday.

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