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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

Sharanya Pillai
Published Thu, Sep 12, 2019 · 09:50 PM

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 yea…

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