sgx financial report 6 · 2019. 10. 10. · futures, sgx nifty 50 index futures. higher collateral...

1
$ % 12% Total Traded Value SGD billion 340.0 $ % 12% Securities Daily Average Traded Value (SDAV) SGD billion 1.26 $ % 8% Revenue SGD million 221.1 Securites Trading and Clearing ( ) Revenue Expenses SGX increased its total revenues by 5% year-on-year to SGD 844.7 million for FY 2018, the highest recorded since its listing in 2000. Expenses also grew by 5% to SGD 419.8 million, mainly due to increased staff costs, technology expenses and professional fees. Further, earnings per share rose by 7% to reach 33.9 cents. Net Profit Operating Profit In addition, net profit and operating profit improved by 7% and 6% to SGD 363.2 million and SGD 424.9 million respectively – the highest achieved o the past five years. 200 400 600 800 1000 407 340 98 845 Revenue ($million) Change (y-o-y) Revenue Contribution 1% 12% 5% 5% Equities and Fixed Income Derivatives Market Data and Connectivity Total Revenue Source: SGX FY 2018 Analyst and Media Briefing Slides Source: SGX FY 2018 Analyst and Media Briefing Slides Equities & Fixed Income grew by 1% year-on-year to SGD 406.6 million, accounting for 48% of total revenue. Derivatives rise by 12% to SGD 339.8 million, contributing 40% of total revenue. Market Data & Connectivity made up 5% to SGD 98.3 million, taking the remaining 12% of total revenue. All three core businesses (Equities & Fixed Income, Derivatives and Market Data & Connectivity) of SGX registered higher revenues of SGD 844.7 million in total, up by 5% year-on-year. Legend: + Equities and Fixed Income Derivatives Issuer Services Revenue 819 Bond Listings $ SGD billion 384.7 $ FY 2018 SGD billion 481.9 FY 2017 1,154 Bond Listings 23 New Equity Listings $ SGD billion 1.3 $ FY 2018 SGD billion 6.2 FY 2017 22 New Equity Listings Revenue $ % 3% New Bond Listings SGD million 86.2 Revenue $ % 12% Index Futures SGD million 39.8 + Higher volumes in SGX FTSE China A50 futures, Nikkei 225 index futures, MSCI Singapore index futures, SGX Nifty 50 index futures. Higher collateral management income and license fees from higher derivatives trading volumes. Marketing and Connectivity Revenue $ % 5% Revenue SGD million 98.3 + Continued growth in data licenses for application systems usage. SGX’s colocation services business maintained its upward trajectory. Equities and Fixed Income _ Post Trade Services Revenue % $ 14% Revenue SGD million 99.3 % $ 8% SGD million 87.6 Securities Settlement Revenue Due to a decline in securities settlement revenue, as a result of the change in the mix of subsequent settlement instructions. % $ 71% Contract Processing Revenue SGD million 3.4 _ Due to all brokers migrating to their own back office systems in February 2018. Source: SGX FY Annual Report 2018 It is Asia’s most global and connected exchange, as well as the world’s most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN. Based in Singapore, SGX is a global multi-asset exchange operating equity, fixed income and derivatives markets. _ 48% 40% 12% 100% FY 2018 FY 2018 UP UP UP UP UP UP DOWN DOWN DOWN FY 2018 FY 2018 FY 2018 Up 5% y-o-y FY2017 FY2016 FY2018 SGD818 million SGD805 million SGD801 million Up 5% y-o-y FY2017 FY2016 FY2018 SGD409 million SGD420 million SGD399 million Up 6% y-o-y FY2017 FY2016 FY2018 SGD409 million SGD425 million SGD402 million Up 7% y-o-y FY2017 FY2016 FY2018 SGD349 million SGD363 million SGD340 million

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Page 1: SGX Financial Report 6 · 2019. 10. 10. · futures, SGX Nifty 50 index futures. Higher collateral management income and license fees from higher derivatives trading volumes. Marketing

$

%12%

TotalTradedValue

SGD

billion 340.0

$

%12%

Securities Daily AverageTraded Value

(SDAV)

SGD

billion 1.26

$

%8%

Revenue

SGD

million 221.1

Securites Tradingand Clearing

SINGAPORE EXCHANGE LIMITED (SGX)

FINANCIAL HIGHLIG HTS

20

18

Revenue

Expenses

• SGX increased its total revenues by 5% year-on-year to SGD 844.7 million for FY 2018, the highest recorded since its listing in 2000.

• Expenses also grew by 5% to SGD 419.8 million, mainly due to increased staff costs, technology expenses and professional fees.

• Further, earnings per share rose by 7% to reach 33.9 cents.

Net Profit

Operating Profit

• In addition, net profit and operating profit improved by 7% and 6% to SGD 363.2 million and SGD 424.9 million respectively – the highest achieved o the past five years.

PERFORMANCE

DRIVERS 20

18

200

400

600

800

1000

407340

98

845

Reve

nue

($m

illio

n)

Change(y-o-y)

Revenue Contribution

1% 12% 5% 5%

Equities and

Fixed Income

Derivatives

Market Dataand

Connectivity

TotalRevenue

Source: SGX FY 2018 Analyst and Media Brie�ng Slides

Source: SGX FY 2018 Analyst and Media Brie�ng Slides

Equities & Fixed Income grew by 1% year-on-year to SGD 406.6 million, accounting for 48% of total revenue. Derivatives rise by 12% to SGD 339.8 million, contributing40% of total revenue. Market Data & Connectivity made up 5% to SGD 98.3 million, taking the remaining 12% of total revenue.All three core businesses (Equities & Fixed Income, Derivatives and Market Data & Connectivity) of SGX registered higher revenues of SGD 844.7 millionin total, up by 5% year-on-year.

Legend:

PERFORMANCE

DRIVERS +

Equities and Fixed Income

Derivatives

Issuer Services

Revenue

819Bond Listings

$SGD

billion 384.7

$FY

2018 SGD

billion 481.9

FY2017

1,154Bond Listings

23New Equity

Listings

$SGD

billion 1.3

$FY

2018 SGD

billion 6.2

FY2017

22New Equity

Listings

Revenue

$

%3%

NewBond Listings

SGD

million 86.2

Revenue

$

%12%

IndexFutures

SGD

million 39.8

+Higher volumes in SGX FTSE China A50 futures, Nikkei 225 index futures, MSCI Singapore index futures, SGX Nifty 50 index futures.

Higher collateral management income and license fees from higher derivatives trading volumes.

Marketing and Connectivity

Revenue

$

%5%

Revenue

SGD

million 98.3

+Continued growth in data licenses for application systems usage.

SGX’s colocation services business maintainedits upward trajectory.

Equities and Fixed Income

PERFORMANCE

DRIVERS _

Post Trade Services

Revenue

%

$

14%Revenue

SGD

million 99.3

%

$

8%

SGD

million 87.6

Securities Settlement

Revenue

Due to a decline in securities settlement revenue, as a result of the change in the mix of subsequent settlement instructions.

%

$

71%Contract

ProcessingRevenue

SGD

million 3.4

_Due to all brokers migrating to their own back office systems in February 2018.

Source: SGX FY Annual Report 2018

It is Asia’s most global and connected exchange, as well as the world’s most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN.

Based in Singapore, SGX is a global multi-asset exchange operating equity, fixed income and derivatives markets.

_

48% 40% 12% 100%

FY2018

FY2018

UP

UP

UP

UP

UP

UP

DOWN

DOWN

DOWN

FY2018

FY2018

FY2018

Up5% y-o-y

FY2017

FY2016

FY2018

SGD818million

SGD805million

SGD801million

Up5% y-o-y

FY2017

FY2016

FY2018

SGD409million

SGD420million

SGD399million

Up6% y-o-y

FY2017

FY2016

FY2018

SGD409million

SGD425million

SGD402million

Up7% y-o-y

FY2017

FY2016

FY2018

SGD349million

SGD363million

SGD340million