Hong Kong Exchanges and Clearing Limited (HKEx) has disclosed its market metrics for May 2017, which saw a strong performance across its securities and derivatives business, according to a HKEx statement.
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During the reported period, HKEx saw average daily volumes of futures and options coming in at 820,726 contracts, which was higher by 5.5 percent month-on-month from 777,576 contracts in April 2017.
Year-to-date, the average daily turnover of Stock Options at the operator of the Hong Kong Stock Exchange was 346,040 contracts, an increase of 21 percent relative to 286,230 contracts reported for the same period last year.
Meanwhile, the average daily turnover for the January-May period was $75.3 billion, up 10 percent when compared with $68.6 billion for the same period of 2016.
Delving into specific product types and instruments, the Exchange βs RMB Currency Futures achieved a steadfast level of growth, broadly higher than the extent of its overall trading figures. In particular, HKEx unveiled its average daily turnover of RMB Currency Futures for the first five months of 2017 at 3,061 contracts, an increase of 31 percent year-on-year from the last year record of 2,335 contracts in 2016.
HKEXβs funds raised via IPOs for the first five months of 2017 was $39.2 billion, an increase of 15 percent when compared with $34.2 billion for the same five month period last year.