SGX 65% Fe derivative contract records first 2020 trades, best-ever single-day volumes

The Singapore Exchange’s (SGX) 65% Fe iron ore derivative contract registered its first 2020 trades this week as well as posting its highest single-day of traded volumes since its launch.

A total of 5,670 lots or 567,000 tonnes of the contract were traded and cleared on Friday October 11 as of 7pm Singapore time.
A day earlier, 670 lots of January and February 2020 month contracts were also traded underlining participants' interest extending beyond nearby months. 

The contract had registered a traded volume of 2.3 million...

Published

Deepali Sharma

October 11, 2019

13:23 GMT

Singapore