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SGX FX futures, commodity trading hit record volumes in Dec

FX futures volume up 18% as USD/CNH futures jump 20%, INR/USD futures volume increase 18%

Published Fri, Jan 10, 2020 · 09:50 PM
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Singapore

TRADING activity in Singapore Exchange (SGX) currency futures and commodities spiked to record highs in December, the bourse operator said on Friday.

For the month of December, total foreign exchange (FX) futures volume on SGX rose 18 per cent year on year (y-o-y) to 2.07 million contracts.

SGX USD/CNH (US dollar and offshore Chinese yuan) futures climbed 20 per cent to about 787,000 contracts from a year ago, hitting a record during the overnight T+1 session on Dec 13…

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