ETF market turnover value up 29% y-o-y in December, highest since April: SGX

In line with the global trend of increasing investor appetite for ETFs, the Singapore Exchange Group (SGX Group) saw ETF market turnover value increase 29% to $411 million in December, the highest since April 2022. This is up from $348 million in November 2022, which was, in turn, up from $330 million in October 2022.

Derivatives daily average volume (DDAV) rose 8% y-o-y in December 2022, capping 4Q2020 with a 19% rise to 1.1 million contracts. Total derivatives traded volume for the quarter across equity, foreign exchange and commodities grew 18% y-o-y to 65.5 million contracts.