Singapore’s structured warrants trading declines for third month in a row

The traded value of structured warrants in Singapore in April came in at S$452 million (US$327 million), down almost 14% from a month ago, according to SGX data. From a year earlier, it dropped around 70%. The figure also marks less than half of that posted in January this year when market activity picked up pace after a sluggish year-end when traders take their Christmas holidays. The traded volume of structured warrants is also on a downward trend, dropping almost 10% last month from March.