SGX FX futures hit record volume in August on macro uncertainties
2.6 million contracts have been traded in August, with an aggregate trading volume of US$143 billion
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Singapore
TRADING activity in Singapore Exchange currency futures achieved a record monthly volume of more than 2.6 million contracts traded in August, with an aggregate trading volume of US$143 billion, boosted by macroeconomic volatility.
The boom represents a 22 per cent increase month-on-month, and 53 per cent year-on-year increase in the notional value traded in the month.
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