SGX Group

November was a record-breaking month in the FX Futures market as SGX USD/CNH, KRW/USD, and INR/USD Futures reached several milestones, on the back of rising U.S. yields, market volatility, and a diverse group of global participants actively managing their currency risks. 🚀 USD/CNH FX Futures ● Daily Average Volume (DAV): 181,750 lots (US$18.2 billion) ● Aggregate Volume for November: 3.8 million lots (US$382 billion) ● Notably, over 38% of volumes were traded during the T+1 session (outside of Asian trading hours). 🚀 KRW/USD FX Futures ● Mini Futures Contract DAV: 26,233 lots (US$469 million) ● Total Monthly Volume saw a 40% uplift from October, to: 550,895 lots (US$9.9 billion) ● Single-Day Volume Record on 13 November: 76,444 lots (US$1.36 billion) ● On 6 November (U.S. Election Day), sharp movements in the market drove a single-day screen volume record of 50,150 lots (US$895 million). 🚀 INR/USD Futures ● Record DAV in November: 93,694 lots (US$2.22 billion) If you'd like to learn more about utilising FX Futures to manage currency risks or gain access to global block market makers, please don’t hesitate to reach out to our team! #SGXFX #FXmarkets #FXFutures #USD #CNH #RMB #KRW #INR #CurrencyMarkets

🌟 Celebrating the Straits Times Index: A Pillar of Singapore’s Economic Growth 🌟 As we approach the 60th anniversary of the Straits Times Index (STI), we reflect on its rich history and remarkable journey. Established in 1966, the STI has been a cornerstone of Singapore’s economic landscape, tracking the performance of the top 30 companies listed on SGX.   Over the decades, the STI has adapted to the dynamic shifts in the global economy. From doubling in its first 5 years to hitting an all-time-high in 2007, when Singapore’s GDP growth outpaced ASEAN peers at an impressive 8.7% YoY, the STI has served as a reliable barometer of Singapore’s growing economy.    Today, Financials comprise 53% of STI, the 2nd highest Financial weight in APAC! This mirrors Singapore’s role as a financial epicenter, with Financials climbing from 5% to 14% of Singapore’s GDP over the past 5 decades.    Over the last 2 years, the STI’s total return has also outperformed most APAC indices, bolstered by its attractive dividend yields which was highest in APAC as of Aug 24.   As we celebrate this milestone, we are glad to introduce a series of articles dedicated to STI in collaboration with FTSE Russell, An LSEG Business. Discover more on how the STI reflects Singapore’s growth story via the link in the comments below.   #SGXSecurities #FTSERussell #StraitsTimesIndex #STI #Singapore #FinancialHub #Investment #EconomicGrowth  

Did you know? Since the launch of the FTSE China A50 Index 21 years ago, 7 of the original 50 companies are still in the current index. Check out other interesting facts about the FTSE China A50 Index in FTSE’s latest Research Insight! SGX’s A50 Futures, which is based on the FTSE China A50 Index, is one of the most liquid and accessible contracts on the China A-share market. In November 2024, the contract recorded another set of impressive results with a daily average volume of 463,000 lots (US$ 6.2 billion). Click here to see more on the SGX FTSE China A50 Index Futures - https://bit.ly/4eVeHOn

Just a few days to go until FIA Asia 2024! 🌏 #TeamSGXGroup is excited to welcome the cleared derivatives community from across Asia and beyond to #Singapore. We look forward to engaging with the FIA community, exchanging ideas, and sharing how we continue to simplify Asia for global market participants. Join us to gain insights on regional and global trends, regulatory developments, and the evolving landscape of the derivatives industry. See you there! FIA, Inc. | #SGXEquityDerivatives #SGXCommodities #SGXFX #FIAConference #FIAAsia #Commodities #EquityDerivatives #FX #Futures #Trading

2024 has been a year of recovery and breakthroughs for SREITs, following two successive Federal Reserve rate cuts. As of November, fundraising in the SREITs secondary market outpaced last year – in particular, the last two months saw strong oversubscriptions for the S$1.1B and S$1.08B fund raised by CapitaLand Integrated Commercial Trust (CICT) and Keppel DC REIT respectively. Both transactions saw a combined demand of more than S$3.6B by institutional investors. Further excitement was in the air when Parkway Life REIT expanded its mandate to encompass global healthcare, making its maiden foray into the west with their acquisition of European healthcare assets. As Asia’s largest global REIT hub, the SGX team has been engaging with the SREIT eco-system. At the recent Asia Pacific Real Assets Association (APREA) Leaders Congress in Japan and the annual REITAS (REIT Association of Singapore) conference in Singapore, Ronald Tan, Senior VP, Equity Capital Markets, stressed the need for larger fundraises to acquire significant assets locally and expand global portfolios. In his REITAS conference keynote, Boon Gin Tan, CEO of SGX RegCo, emphasised the importance of aligning interests between unitholders and managers to avoid drastic measures like internalisation. With expectations of more new economy and scarce assets to be injected in SREITs, 2025 looks to be an exciting year of opportunities for investors – learn more about our SREIT market here 👉 bit.ly/4fuZaFT #SGXSecurities #SREIT #REIT #RealEstate #CapitalMarket 

📈 From One-Tenth to One-Quarter: The Rise of Global Tech Stocks    Global technology stocks have grown over the past decade, increasing their share in global index benchmarks from one-tenth to one-quarter. This growth has led to a valuation divide in the U.S., with the top quartile of tech stocks maintaining a higher median P/E ratio compared to the rest of the sector.   The semiconductor industry faces a mix of strategic optimism and cyclical challenges. Optimism is fueled by projected growth in global semiconductor revenue, driven by AI and self-sufficiency efforts. However, challenges such as global trade downturns, inflation, high interest rates, and geopolitical uncertainties are causing mixed fortunes and slower recovery across different segments of the market. Click on the image for more information and use the link in comments for the full analysis of the driving forces behind the tech surge. #SGXSecurities #Securities #AI #Technology #TechStocks

Entrepreneurship is the cornerstone of innovation and economic growth. At SGX Securities, we're dedicated to fostering a thriving entrepreneurial ecosystem in Singapore and supporting the growth journeys of our local entrepreneurs and startups.   Last week, we were honoured to celebrate the extraordinary achievements of Singapore's homegrown entrepreneurs at the EY Entrepreneur of the Year 2024. The event, graced by Mr Edwin Tong SC, Minister for Culture, Community, and Youth and Second Minister for Law, brought together the entrepreneurial community to recognise the courage, resilience, and innovative spirit of these business leaders.   🎉 We extend our heartfelt congratulations to four outstanding individuals who have emerged as leaders in their respective fields: 1. Mr Edy Tan Wei Hock, CEO of Chye Thiam Maintenance Pte Ltd, in the Environment Services category. 2. Mr Samuel Yik, Managing Director of Dian Xiao Er Group, in the Food and Beverage category. 3. Mr Anthony Chow, CEO and Co-Founder of igloo, in the Technology Solutions category. 4. Mr Zachary Wang, CEO and Co-Founder of Neuron Mobility, in the Mobility category.   We look forward to witnessing their continued impact and serving as their trusted growth partner.   A heartfelt thank you to EY for hosting yet another outstanding awards ceremony. 👏 Together, let’s continue building a vibrant future for Singapore's entrepreneurial landscape.   Pol de Win | Yao Loong Ng | Jin Hoe Koh | Ronald Tan | Alice, Chern Chern, Gwee (魏少稹) | Chong Lek Foong | Samuel Gan | Serena Lim | Li Ren LOH | Neo Wee Ling #SGXSecurities #Entrepreneurship #Innovation #StartUp

Thank you to Industrial and Commercial Bank of China (ICBC) for joining us today for the signing of our renewed Memorandum of Understanding (MOU). This agreement underscores our shared commitment to deepening collaboration and leveraging our respective strengths to drive innovation, foster growth, and make a meaningful impact. Key highlights of the MOU include: 🏦 Capital Markets Development: Both parties will enhance efforts in the debt and equity capital markets. ICBC will secure and list bonds on SGX during the agreement period, while jointly identifying and attracting high-quality companies for equity listings, including A+S listing opportunities to strengthen market connectivity. 🌏 Financial Markets Expansion: ICBC will increase participation in SGX’s RMB FX futures market and explore innovative SGX FX trading platforms such as CurrencyNode, BidFX, and MaxxTrader contributing to enhanced global trading capabilities and financial market efficiency. 🫶🏼 Charity & Corporate Social Responsibility: Reflecting shared values, ICBC Singapore will actively support SGX’s community initiatives, furthering efforts to create a positive and lasting impact on society. We extend our gratitude to ICBC for their collaboration and look forward to building on this partnership to unlock new opportunities and deliver on shared ambitions. #SGXFX #MOU #Bonds #Trading

At SGX Group, we view CSR differently. Beyond giving, we believe in participation and the collective potential it brings. This belief inspires us to develop a platform for the broader financial community to join in creating a positive impact.   This month, we concluded the inaugural SGX Cares Bull Charge: Embracing Communities 2024. This pioneering initiative brought together our valued corporate sponsors and adopted beneficiaries in a series of interactive activities that strengthened community ties and made a tangible difference. Our outreach sessions were filled with joy and engagement, featuring lively karaoke, lantern crafting, and grocery shopping with our beneficiaries from AWWA Ltd.   A heartfelt thank you to our sponsors Amazon Web Services (AWS), Atos, Confluent, GienTech and Trend Micro for their unwavering support. Your contributions have made a significant impact, and together, we are making #BetterHappensTogether for our communities.   Stay tuned for more updates and join us in our mission to empower and uplift!   #SGXCares #SGXBullCharge #Charity #CorporateSocialResponsibility #CSR

ASEAN Exchanges Collaborate on Enhancing Regional Connectivity! 📢   Building on the successful Depository Receipt (DR) linkage between SGX Group and the The Stock Exchange of Thailand (SET), the ASEAN Exchanges – comprising SGX Group, SET, Bursa Malaysia, Indonesia Stock Exchange, The Philippine Stock Exchange, Inc. (PSE), and Vietnam Exchange – have signed a Memorandum of Understanding (MOU) to collaborate on offering DRs across our respective exchanges.   Through this collaboration, we aim to: - Develop market and regulatory frameworks for issuing and trading DRs - Foster information-sharing between exchanges - Engage with market regulators and participants - Profile listed companies   DRs can enhance investment opportunities for domestic investors throughout the region and promote ASEAN as an attractive investment destination.   Following the MOU signing at The World Federation of Exchanges’ General Assembly & Annual Meeting, our CEO Boon Chye Loh moderated a panel discussion with other ASEAN Exchanges leaders, covering recent developments in capital raising and expanding investment options for retail investors. The panel also highlighted common initiatives aimed at strengthening regional competitiveness, sustainability, and market connectivity.   A special thanks to Umar Swift (CEO, Bursa Malaysia), Ramon Monzon (President & CEO, PSE), Asadej Kongsiri (President, SET), Iman Rachman (President Director, IDX) for sharing your insights.   As a region, ASEAN has strength in diversity; each country leverages its unique strengths to attract more global investors and international capital. With ASEAN Exchanges committed to creating a cohesive ecosystem, enhancing connectivity can be a game changer for the region.   With ASEAN’s GDP growth estimated to reach 4.7% this year and projected to become the fourth-largest economy globally by 2023, the region continues to thrive. Stay tuned for more updates as we work together to make ASEAN a premier investment hub!   #SGXSecurities #ASEAN #ASEANExchanges #Indonesia #Malaysia #Philippines #Thailand #Vietnam #CapitalMarkets #DepositoryReceipts