SGX FX Futures soared to new heights on 25 July, achieving a remarkable US$25.7 billion single-day record for USD/CNH futures contracts amidst turbulent market conditions. This milestone reaffirms SGX FX's position as the premier destination for risk management, hedging, and price discovery. Last week's rollercoaster markets came on the back of heightened volatility in U.S. equities as the tech rout continued with the 'Magnificent 7' stocks registering notable declines. The broad correction in the Japanese yen also contributed to the global risk-off sentiment. Uncertainties around the Federal Reserve and Bank of Japan's potential rate changes, ongoing U.S. Presidential election and moves by the PBOC on its medium-term lending facility added to the volatility. Surpassing the previous record by +15.1%, SGX FX's latest achievement underscores the need for a highly liquid venue for global investors to manage currency risks. The notional open interest for USD/CNH contracts also saw a notable uptick of +3% to 213,814 lots, closely approaching the historical high of 219,005 lots set in June 2024. Stay tuned for more updates on how SGX FX remains at the forefront of global FX markets! #SGXFX #USDCNH #FXMarkets #USElections #JPY #Magnificent7
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SGX Group's FX futures traded volume rose by 95% YoY to a record high, reaching 4.8 million contracts – driven by IND/USD trades, which jumped 98% in April. The volume of FX options, on the other hand, decreased significantly YoY – down 48%. #Trading #Markets #CapitalMarkets #Results #Derivatives #Futures #Equities #FX #Options https://lnkd.in/gSBWzZyg
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Numbers speak volumes with SGX USD/CNH FX Futures hitting a new record of 191,555 lots yesterday, translating to a notional value of US$19.15 billion. The post-Golden Week period in May witnessed a strengthening of the onshore Chinese Yuan (CNY), reaching a 6-week high. This sentiment was mirrored in the futures market, where this milestone was achieved alongside a substantial trading volume of 182,000 lots for the day. 📈 SGX FX continues to set the pace in global financial markets. The trading activity in our marketplace is a clear indicator of Asia’s importance in global investment portfolios. A heartfelt thank you to all our market participants for your trust and support. 🤝 #SGXFX #OneTrustedEcosystem #UC #FXFutures #RMB #USD #RiskManagement #Trading | SGX FX
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With onshore CNY strengthening to a 6-week high versus USD following the extended Labour Day holidays, we observed a New Open Interests record with an impressive USD19.15 billion for SGX's USD/CNH futures, reflecting robust trading activity in this widely traded international RMB futures.
Numbers speak volumes with SGX USD/CNH FX Futures hitting a new record of 191,555 lots yesterday, translating to a notional value of US$19.15 billion. The post-Golden Week period in May witnessed a strengthening of the onshore Chinese Yuan (CNY), reaching a 6-week high. This sentiment was mirrored in the futures market, where this milestone was achieved alongside a substantial trading volume of 182,000 lots for the day. 📈 SGX FX continues to set the pace in global financial markets. The trading activity in our marketplace is a clear indicator of Asia’s importance in global investment portfolios. A heartfelt thank you to all our market participants for your trust and support. 🤝 #SGXFX #OneTrustedEcosystem #UC #FXFutures #RMB #USD #RiskManagement #Trading | SGX FX
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THOUGHT LEADERSHIP: CME Group unpacks the FX futures and options liquidity landscape, disproving common market misconceptions around central clearing, bilateral over the counter trading, and central limit order book usage. #markets #trading #cmegroup #derivatives #foreignexchange #tradingvenues #futures #options #liquidity #overthecounter
Dispelling the myths around FX futures liquidity - The TRADE
https://www.thetradenews.com
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SEBI's New Rules for Index Derivatives: Big Changes Ahead for Traders in 2024-25 Revised Market Lots: NIFTY 50: 25 to 75 Nifty Bank: 15 to 30 Nifty Financial Services: 25 to 65 Nifty Midcap Select: 50 to 120 Other indices (BSE and Nifty) have similar increases based on the index. #sebi #nifty #banknifty #sensex #finnifty #bankex #index #bse #nse #StockMarketInsights #TradingTips #InvestmentStrategies #MarketTrends #FinancialMarkets #WealthBuilding #EquityMarket #StockAnalysis #PortfolioManagement
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As US stock changes push FX trades into Asia's 'twilight zone', pushes some to secure funds in the early hours of their morning when currency markets are the thinnest and most jumpy. Proud to contribute to this article by Tom Westbrook. With the world increasing evolving, demanding faster turn around times and a 24/7 operations required to meet client demands, the financial industry is changing rapidly, while perhaps not all business as the same pace. Reuters News Agency J.P. Morgan https://lnkd.in/gK89eddg #FX #CrossCurrencySolutions #FXLiquidity #Stockmarket Robert Wade Gayathri Vasudev Paul Norwood Terry Harcott Brijen Puri Madhav Kalyan Kiat-Seng Lim Christine (Jang) Tan Tom Lydon Lillian Sim Aled Edwards
US stock changes push FX trades into Asia's 'twilight zone'
reuters.com
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The institutional spot FX trading volumes of major platforms have seen all-round decline across September 2024. Among the five major institutions, the total sees a 3.58% drop monthly. The max. drop comes from CME EBS, down 6.38%. 360T is the only growth monthly with a mere 1.42% growth. #ForexTrading #SpotFX #InstitutionalTrading #MarketVolume #MonthlyAnalysis #TradingTrends #CME #360T #FXMarket #FinancialData
Institutional Spot FX Trading Volume Total Sees A M-o-M 3.58% Drop in September
fazzaco.com
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The institutional spot FX trading volumes of major platforms have seen all-round decline across October 2024. Among the five major institutions, the total sees a 9.33% rise monthly. The max. drop comes from CME EBS, down 14.14%. #FXTrading #SpotFX #InstitutionalTrading #ForexVolume #CME #TradingPlatforms #MarketDip #CurrencyTrading #ForexMarket #TradingTrends
Institutional Spot FX Trading Volume Total Sees A M-o-M 9.33% Dip in October
fazzaco.com
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Trading volumes in the forex market surged by 5% in April 2024, marking the second consecutive month of growth. Key Highlights: - FXSpotStream sets a new benchmark with historic ADV figures. - Cboe FX and EuronextFX also report substantial increases in trading volumes. - Despite minor fluctuations, the overall outlook remains optimistic, underscoring the market's resilience. https://lnkd.in/dN2CbGjB Cboe Global Markets, FXSpotStream LLC, Euronext FX, 360T To read more about such news, subscribe to Liquidity 24! #FXTrading #FinancialMarkets #InstitutionalFX #TradingTrends
Institutional FX Trading Sees 5% Surge in April 2024 - liquidity 24
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Sharp 96 per cent drop in currency F&O trading volumes Open interest in rupee-dollar futures on the SGX, which averaged 75,500 contracts in January, more than doubled to almost 163,000 contracts in October. https://lnkd.in/d8uwBqdb #india #futures #options #decline #nse #bse #sebi #speculation #daytraders
Sharp 96 per cent drop in currency F&O trading volumes
financialexpress.com
Global Head of Rates and FX, FICC at SGX
4moA new SGX USD/CNH futures record! A whopping US$25.7 billion worth of trading on a single day. We are very grateful to our all our market participants who continue to trust us as a true source of liquidity, use our venue to risk manage and for price discovery. A big Thank You!!