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SGX Posts Continued FX Growth
SGX has reported that 1.09 million FX futures contracts were traded on its platform last month, up 88% compared to April 2017. This also represents the fourth consecutive month that the number FX contracts on the exchange have exceeded over 1 million. The cumulative open interest for all FX contracts is up 37% m-o-m and 74% y-o-y. In April, SGX also reached the milestone of $ 1 trillion worth of cumulative notional trading in INR/USD and USD/CNH futures since their inception in 2013 and 2014, respectively.

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